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6725 N Glenwood St 14,560 SF Retail Building Garden City, ID 83714 $5,470,720 CAD ($375.74 CAD/SF) 8.25% Cap Rate
Investment Highlights
- Absolute NNN—no landlord responsibilities
- Located at one of the highest traffic intersections in Idaho with 41,000 AADT on W State Street and 36,000 AADT on N Glenwood Street
- Boise is one of the fastest growing MSA’s in the US
- Adjacent to Walmart and surrounded by national retailers including Albertsons, Ross, Big 5, Verizon, T-Mobile, O-Reilly Auto Parts, Batteries Plus
Executive Summary
Tenant Profile
Walgreens is the second largest in the United States, behind CVS Health’s CVS Pharmacy. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens acquired Switzerland-based Alliance Boots. Walgreens employs approximately 312,000 people worldwide.
Walgreens is the second largest in the United States, behind CVS Health’s CVS Pharmacy. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens acquired Switzerland-based Alliance Boots. Walgreens employs approximately 312,000 people worldwide.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,560 SF
Building Class
B
Year Built
2005
Price
$5,470,720 CAD
Price Per SF
$375.74 CAD
Cap Rate
8.25%
NOI
$451,334 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.84 AC
Zoning
C-2
Parking
60 Spaces (4.59 Spaces per 1,000 SF Leased)
Frontage
135’ on Glenwood St
Amenities
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Walgreens Boots Alliance traces its roots to Walgreens, founded in Chicago in 1901, and later grew through the combination with Alliance Boots into a broader healthcare, pharmacy, and retail business. The company describes itself as an integrated healthcare, pharmacy, and retail leader serving millions of customers and patients every day. Its business spans retail pharmacy, prescription services, health and wellness products, and related healthcare offerings, reflecting a focus on community-based care and access to medicines and services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | S0524428250 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,126,667 CAD |
Property Taxes
Parcel Number
S0524428250
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,126,667 CAD
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6725 N Glenwood St
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