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502 & 524 Cleveland Blvd. 2 Properties Offered at $9,506,000 CAD in Caldwell, ID
Investment Highlights
- 502 Cleveland Blvd (7,150 SF) fully leased to O’Reilly Auto Parts on a long-term NNN lease, delivering passive, corporate-backed income.
- Strong visibility on Cleveland Blvd (8,915+ VPD) wit h quick access to I-84 (1.9 miles).
- 524 Cleveland includes medical build-outs, freight elevator with dock-high loading, and a fully sprinklered lower level.
- 524 Cleveland Blvd (55,100 SF) fully occupied by a mix of medical, professional, and local tenants
- ±1.76-acre assemblage offers rare control of a large downtown footprint, ideal for future mixed-use development.
Executive Summary
Lee & Associates is pleased to present a rare opportunity to acquire a high-profile multi-tenant portfolio totaling 62,250 SF on ±1.76 acres in Downtown Caldwell. The offering combines stable cash flow with long-term redevelopment potential.
The asset features a strong mix of credit-backed income, including a national NNN tenant and recession-resistant medical tenancy at 524 Cleveland Blvd, providing durable, essential-service revenue.
Beyond in-place income, the nearly 1.8-acre downtown footprint offers significant upside, creating a prime opportunity for future redevelopment in one of the Treasure Valley’s most active submarkets.
The asset features a strong mix of credit-backed income, including a national NNN tenant and recession-resistant medical tenancy at 524 Cleveland Blvd, providing durable, essential-service revenue.
Beyond in-place income, the nearly 1.8-acre downtown footprint offers significant upside, creating a prime opportunity for future redevelopment in one of the Treasure Valley’s most active submarkets.
Property Facts
| Price | $9,506,000 CAD | Number of Properties | 2 |
| Price / SF | $152.71 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 62,250 SF |
| Status | Active |
| Price | $9,506,000 CAD |
| Price / SF | $152.71 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 62,250 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Cornerstone Building
524 Cleveland Blvd, Caldwell, ID 83605 |
Office | 55,100 SF | 1948 | - |
| 502 Cleveland Blvd, Caldwell, ID 83605 | Retail | 7,150 SF | - | - |
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502 & 524 Cleveland Blvd.
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