8249 W Overland Rd, Boise, ID 83709
- $5,000,000
- 16,960
- SqFt
Courtesy of Good Vibes Real Estate
- List Price
- $5,000,000
- Days on Market
- 50
- Status
- ACTIVE
- MLS#
- 98853605
- Region
- Boise South
- County
- Ada
- Acres
- 1.42
Property Description
This investment opportunity is for the interest in Overland Retail Plaza, a 16,514 SF square foot retail center sitting on nearly 1.5 acres. The center is located in a strong retail trade area next to Boise Spectrum Complex and is shadow-anchored by strong national retailers including Walmart Supercenter, Lowe’s Home Improvement and Costco. Investor will benefit from achieving increased rents in the center over time. Current rents are below market ($15.50 psf NNN average), creating great stability with existing tenants. Investor also has opportunity to assume attractive loan (4.49 % rate, 10 yr amortization).High traffic counts are 93,500 vehicles per day at the I-84 and W Overland Road interchange and over 35,400 vehicles per day directly in front of the center on W Overland Road
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Additional Information
- Construction
- Concrete, Frame, Stucco
- Lot Features
- 1 - 4.99 Acres, Lawn Sprinklers, On City Bus Route
- Air Conditioning
- Central Air
- Heating
- Electric, Forced Air, Natural Gas, Hot Water
- Water
- City Service
- Parcel Number
- R5785720030
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