8249 W Overland Rd, Boise

$5,000,000

0 Bed
0 Bath
16,960 Sqft
1.42 Acres
0 Garage

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

Essential Information
MLS® #98853605
Price$5,000,000
Bathrooms0.00
Square Footage16,960
Acres1.42
TypeCommercial Sale
StatusActive
Community Information
Address8249 W Overland Rd
AreaBoise South - 0500
CityBoise
CountyAda
StateID
Zip Code83709
On Golf CourseN
Has ViewN
Amenities
UtilitiesSewer Connected, Propane
Has RV ParkingN
Interior
CoolingCentral Air
Has Two BedroomsN
Heating

Electric, Forced Air, Natural Gas, Hot Water

Exterior
Has Shop / ShedN
Lot Description

1 - 4.99 Acres, Lawn Sprinklers, On City Bus Route

Additional Information
Date ListedAugust 2nd, 2022
Days on Market50
Listing Details
OfficeGood Vibes Real Estate
Property History
Status Changed from New to Active
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Listing information last updated on February 2nd, 2023 at 1:22am MST.