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NNN Investment on Boise Bench 716 N Orchard St 5,585 SF 100% Leased Retail Building Boise, ID 83706 $1,604,480 CAD ($287.28 CAD/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- In-place income from two new 5 year NNN leases
- 1 mile access to I-84 on-ramp to downtown
- High visibility & traffic count
EXECUTIVE SUMMARY
Property Investment Idaho is pleased to present an exceptional commercial investment opportunity in a high-demand location on the Boise Bench. This fully leased property features two tenants, both secured by new, five-year Triple Net (NNN) leases. This structure provides a passive, consistent income stream with minimal landlord responsibility, making it an ideal acquisition for both seasoned and new investors seeking a reliable asset in the thriving Boise market.
716 N Orchard - Occupied by M3 Studios, specializes in hair tattooing, and also offers studio suites for estheticians, traditional tattoo artists, lash artists and hair removal.
718 N Orchard - Occupied by Crown Vapor, an established retail tenant with multiple locations throughout Idaho.
• NNN Investment on the Boise Bench
• Two Unit Retail/Office Building
• Two new 5 year NNN Leases
• High Visibility on the corner or Orchard and Emerald
• Central Location with easy access to I-84
• Renovated exterior and interior
716 N Orchard - Occupied by M3 Studios, specializes in hair tattooing, and also offers studio suites for estheticians, traditional tattoo artists, lash artists and hair removal.
718 N Orchard - Occupied by Crown Vapor, an established retail tenant with multiple locations throughout Idaho.
• NNN Investment on the Boise Bench
• Two Unit Retail/Office Building
• Two new 5 year NNN Leases
• High Visibility on the corner or Orchard and Emerald
• Central Location with easy access to I-84
• Renovated exterior and interior
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,585 SF
Building Class
C
Year Built/Renovated
1952/2023
Price
$1,604,480 CAD
Price Per SF
$287.28 CAD
Cap Rate
6.35%
NOI
$101,884 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.19 AC
Zoning
C-2D - City of Boise C-2D
Parking
6 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
77’ on Orchard St
AMENITIES
- Security System
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Crown Vapor
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- M3 Studio Suites
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Crown Vapor | - | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| M3 Studio Suites | - | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R7967500021 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $827,512 CAD |
PROPERTY TAXES
Parcel Number
R7967500021
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$827,512 CAD
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NNN Investment on Boise Bench | 716 N Orchard St
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