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502 Cleveland Blvd
Caldwell, ID 83605
Downtown Caldwell NNN Investment Opportunity · Retail Property For Sale
Investment Highlights
- 502 Cleveland Blvd (7,150 SF) is ful ly leased to O’Reilly Auto Parts on a long-term NNN lease, delivering passive, corporate-backed income.
- Can combine with adjacent property (524 Cleveland Blvd) for a total of ±1.76-acres.
- Strong visibility on Cleveland Blvd (8,915+ VPD) wit h quick access to I-84 (1.9 miles).
- Landlord is responsible for the Roof and HVAC
Executive Summary
Lee & Associates is pleased to present a rare opportunity to acquire a high-profile tenant portfolio totaling 7,150SF on ±0.49-acres in Downtown Caldwell. The offering provides stable cash flow.
The asset features a national NNN tenant, providing durable, essential service revenue.
Beyond in-place income, the 0.49-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 national NNN tenant, providing durable, essential service revenue.
Beyond in-place income, the 0.49-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
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,150 SF
Building Class
C
Year Built
1990
Price
$2,166,718 CAD
Price Per SF
$303.04 CAD
Cap Rate
5.30%
NOI
$114,836 CAD
Tenancy
Single
Building Height
1 Story
Zoning
C-3
Property Taxes
| Parcel Number | 0475501000 | Improvements Assessment | $1,389,729 CAD |
| Land Assessment | $460,251 CAD | Total Assessment | $1,849,980 CAD |
Property Taxes
Parcel Number
0475501000
Land Assessment
$460,251 CAD
Improvements Assessment
$1,389,729 CAD
Total Assessment
$1,849,980 CAD
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