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NNN Medical Office - Victory & Cole 7350 W Victory Rd 6,340 SF Retail Building Boise, ID 83709 $7,484,893 CAD ($1,180.58 CAD/SF) 6% Cap Rate
Investment Highlights
- State of the Art Medical Facility
- Located in One of Idaho's Fastest Growing Markets
- Reputable Tenant
Executive Summary
PROPERTY SUMMARY
Net Operating Income*: $318,348
CAP Rate: 6.00%
Purchase Price: $5,305,801
Net Rentable Area: 6,340 sf
Lot Size: 0.711 +/- acres
Year Built: 2022
*Analysis Period: 8/1/2026-7/31/2027
LEASE TERMS
Lease Expiration: 12/31/2033
Lease Term Remaining: 7.5 Years
Lease Type: NNN
Option Periods: 2 X 5 Years
Annual Escalations: 2.00%
Common Area Expenses: Tenant Responsibility
Structural, Roof, Foundation: Landlord Responsibility
Property Taxes: Tenant Responsibility
Insurance: Tenant Responsibility
QUICK FACTS
23
Clinics in
Southwest
Net Operating Income*: $318,348
CAP Rate: 6.00%
Purchase Price: $5,305,801
Net Rentable Area: 6,340 sf
Lot Size: 0.711 +/- acres
Year Built: 2022
*Analysis Period: 8/1/2026-7/31/2027
LEASE TERMS
Lease Expiration: 12/31/2033
Lease Term Remaining: 7.5 Years
Lease Type: NNN
Option Periods: 2 X 5 Years
Annual Escalations: 2.00%
Common Area Expenses: Tenant Responsibility
Structural, Roof, Foundation: Landlord Responsibility
Property Taxes: Tenant Responsibility
Insurance: Tenant Responsibility
QUICK FACTS
23
Clinics in
Southwest
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
6,340 SF
Building Class
B
Year Built
2022
Price
$7,484,893 CAD
Price Per SF
$1,180.58 CAD
Cap Rate
6%
NOI
$449,094 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.71 AC
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R5511270025 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,056,231 CAD |
Property Taxes
Parcel Number
R5511270025
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,056,231 CAD
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NNN Medical Office - Victory & Cole | 7350 W Victory Rd
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