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8249 W Overland Rd

Boise, ID 83709
  • $5,000,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 98853605
UPDATED: 45 min ago
$5,000,000
  • 0
    BEDS
  • 1.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,960
    SQFT
  • $295
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Ada

School Ratings & Info

Intermountain MLS logoCourtesy of Good Vibes Real Estate.

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, Lowes 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

Directions: W from Cole, S on Overland & Across from Walmart

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Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Navigate Real Estate | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-08-12T11:10:24.87.
www.navigaterealestate.com/homes/131527094
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8249 W Overland Rd Boise, ID 83709

  • Price: $5,000,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 45 min ago
  • MLS #: 98853605
0
Beds
0
Baths
0
½ Baths
1.42
Acres
16,960
SQFT
$295
$/SQFT
Neighborhood:
Boise South - 0500
County:
Ada
Area:
Boise South - 0500
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, Lowes 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

Directions: W from Cole, S on Overland & Across from Walmart
Exterior Features

Construction Materials ConcreteFrameStucco Lot Features 1 - 4.99 AcresLawn SprinklersOn City Bus Route

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Access Below Grade Finished Area Units Square Feet Building Area Total 16960 Cooling Central Air Cooling YN Yes Flooring ConcreteOther Heating ElectricForced AirNatural GasHot Water Heating YN Yes

Property Features

Building Features Lighting Business Type Commercial Listing Terms CashConventional Possible Use Land Suitable(OfficeRetail)Office Suitable(Business ParkOffice Building)Retail Suitable(Restaurant/BarBusiness ParkFree Standing BuildingRetail PadStreet Retail)Shopping Center Suitable(Strip Center) Utilities Sewer ConnectedPropane Water Source City Service

Intermountain MLS logoCourtesy of Good Vibes Real Estate.


Intermountain MLS logo© 2022 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Navigate Real Estate | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2022-08-12T11:10:24.87.
 
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Navigate Real Estate | Fathom Realty
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Intermountain MLS logoCourtesy of Good Vibes Real Estate.