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131 N Milwaukee St
Boise, ID 83704
Dick's Sporting Goods · Retail Property For Sale


Executive Summary
131 North Milwaukee Street is a 44,283-square-foot single-tenant retail building on a 4.11-acre (179,118 SF) parcel in the heart of West Boise’s primary retail corridor. The mid-box improvement was originally constructed in 1989 and fully renovated in 2014 to Dick’s Sporting Goods’ prototype. It is a single-story building in good condition, 100% occupied by Dick’s Sporting Goods (Store #1202).
The site offers approximately 293 feet of frontage along Milwaukee Street, a north/south arterial carrying roughly 22,000 vehicles per day, with two travel lanes in each direction and a center turn lane. Access is provided by a curb cut on Milwaukee Street together with reciprocal cross-access and parking easements shared with the surrounding Westpark Towne Plaza. The level, at-grade parcel is zoned MX-3 (Mixed-Use: Active) by the City of Boise, sits in FEMA Flood Zone X (minimal flood hazard), and is served by all municipal utilities. CBRE estimates a remaining economic life of approximately 30 years.
The site offers approximately 293 feet of frontage along Milwaukee Street, a north/south arterial carrying roughly 22,000 vehicles per day, with two travel lanes in each direction and a center turn lane. Access is provided by a curb cut on Milwaukee Street together with reciprocal cross-access and parking easements shared with the surrounding Westpark Towne Plaza. The level, at-grade parcel is zoned MX-3 (Mixed-Use: Active) by the City of Boise, sits in FEMA Flood Zone X (minimal flood hazard), and is served by all municipal utilities. CBRE estimates a remaining economic life of approximately 30 years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
44,283 SF
Building Class
B
Year Built
1989
Price
$12,720,008 CAD
Price Per SF
$287.24 CAD
Cap Rate
6.36%
NOI
$808,420 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
4.11 AC
Zoning
C-2D
Parking
300 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
263’ on Milwaukee St
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | R8514770104 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $11,954,392 CAD |
Property Taxes
Parcel Number
R8514770104
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$11,954,392 CAD
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