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Shops at Glenwood 6711 N Glenwood St 11,661 SF 100% Leased Retail Building Garden City, ID 83714 $3,181,586 CAD ($272.84 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Service-oriented tenants on NNN leases, providing minimal landlord obligations and catering to daily neighborhood needs.
- Stabilized in-place rents of $13.17/SF vs. market ~$15/SF+, offering upside at rollover.
- Prime State & Glenwood corridor (~80k VPD) connecting downtown Boise and Eagle.
- 100% NNN-leased 11,661 SF retail strip with three tenants: Brooks Fit, Cosmo Prof, and Customized Hair.
- Boise/Garden City retail vacancy at only 3.5%, reflecting a tight submarket.
- Adjacent to Water’s Edge 352-unit luxury apartments and near national retailers including Walgreens, O’Reilly Auto Parts, and Walmart/Albertsons.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,661 SF
Building Class
B
Year Built
2005
Price
$3,181,586 CAD
Price Per SF
$272.84 CAD
Cap Rate
6.25%
NOI
$198,849 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.24 AC
Zoning
C-2
Parking
54 Spaces (4.63 Spaces per 1,000 SF Leased)
Frontage
274’ on Glenwood St St
AMENITIES
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | S0524438600 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,534,335 CAD |
PROPERTY TAXES
Parcel Number
S0524438600
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,534,335 CAD
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Shops at Glenwood | 6711 N Glenwood St
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