Ustick Towne Centre | 6421-6517 W Ustick Rd
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Ustick Towne Centre 6421-6517 W Ustick Rd
30,165 SF 100% Leased Retail Building Boise, ID 83704 $5,100,000 ($169/SF) 5.94% Cap Rate
Investment Highlights
- 100% Occupied NNN Investment
- New Parking Lot Renovation
- Major CapX Improvements
Executive Summary
Ustick Town Centre is a fully leased, 9-suite NNN multi-tenant retail center located in West Boise, a dynamic community with established residential areas. Situated on over 2 acres of prime real estate, this newly renovated and well-maintained center offers 30,060 rentable square feet of retail/flex space with ample parking (121 stalls). The center boasts a diverse tenant mix of established businesses and is 100% occupied, benefiting from the large need for neighborhood retail in Boise. Recent renovations, including a new parking lot, enhance the property's appeal. With under-market rents and extensive CapEx improvements, Ustick Town Centre presents a turn-key investment opportunity with significant +30% upside in rents through strategic lease adjustments over time.
Call agents to schedule tour.
Please do not disturb tenants.
Call agents to schedule tour.
Please do not disturb tenants.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
30,165 SF
Building Class
B
Year Built/Renovated
1958/2022
Price
$5,100,000
Price Per SF
$169
Cap Rate
5.94%
NOI
$303,140
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
2.16 AC
Zoning
C-1D
Parking
121 Spaces (4.01 Spaces per 1,000 SF Leased)
Frontage
352 FT on Ustick Rd
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Orkin Pest Control
- Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Orkin Pest Control | Services | - | - | Lorem Ipsum | Jan 0000 |
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $3,955,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,955,700
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Ustick Towne Centre | 6421-6517 W Ustick Rd
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