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849 Rising Sun Dr 13,757 SF 100% Leased Retail Building Nampa, ID 83686 $9,502,380 CAD ($690.73 CAD/SF) 6.50% Cap Rate



Investment Highlights
- 100% Occupied New Construction Retail Center – Modern retail asset featuring high-quality construction and minimal near-term capital expenditure
- Exceptional Growth Location – Situated within one of the fastest growing regions in the United States
- Rare Drive-Thru Opportunity – Includes a highly desirable drive-thru suite, an increasingly scarce feature
- Long-Term Lease Stability – Longboard Pizza and Big Wave Yogurt, the center’s largest tenant, will execute new 10-year leases at closing
- Premier Middleton Road Frontage – Excellent visibility and access along one of the area’s primary arterial corridors
- NNN Lease Structure – Tenants reimburse the majority of operating expenses, creating stable income
Executive Summary
Fall River Retail Center is a newly constructed, 100% occupied retail center located in Nampa, Idaho, one of the nation's fastest-growing markets. The Property is anchored by Longboard Pizza and Big Wave Yogurt, which will execute new 10-year leases at closing, providing long-term stability for investors. With a rare drive-thru suite, modern construction, and a location surrounded by significant residential growth, the Property offers a compelling combination of durable cash flow and long-term appreciation potential.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
13,757 SF
Building Class
B
Year Built
2024
Price
$9,502,380 CAD
Price Per SF
$690.73 CAD
Cap Rate
6.50%
NOI
$617,658 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.86 AC
Zoning
Business Commercial
Parking
85 Spaces (6.18 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 3210341400 | Improvements Assessment | $3,212,989 CAD |
| Land Assessment | $1,455,916 CAD | Total Assessment | $4,668,904 CAD |
Property Taxes
Parcel Number
3210341400
Land Assessment
$1,455,916 CAD
Improvements Assessment
$3,212,989 CAD
Total Assessment
$4,668,904 CAD
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849 Rising Sun Dr
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