602-620 N Orchard St
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602-620 N Orchard St
17,045 SF 100% Leased Retail Building Boise, ID 83706 $1,795,000 ($105/SF) 7.60% Cap Rate
Investment Highlights
- 100% Occupied! | Future redevelopment opportunity.
- Excellent exposure on major arterial, Orchard Street.
- Neighboring retailers include: McCleary’s Pub, Resurrected Tattoo & more!
- Path of growth in the emerging pathway of Boise.
- Convenient, central location near major shopping, services, and restaurants.
- Property under new ownership and management | 7.6% cap rate - March 2025
Executive Summary
Value Add Retail Shopping Center - Central Boise, Idaho. Parking in front and behind building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
17,045 SF
Building Class
C
Year Built
1950
Price
$1,795,000
Price Per SF
$105
Cap Rate
7.60%
NOI
$136,420
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.26 AC
Zoning
MX-1 - Commercial
Parking
50 Spaces (2.93 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (89)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R7967500080 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,844,700 |
PROPERTY TAXES
Parcel Number
R7967500080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,844,700
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602-620 N Orchard St
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