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Chinden Business Park 3 Retail Properties Offered at $9,992,232 CAD in Garden City, ID
Investment Highlights
- High-Demand Retail & Service Space with Diverse Suite Sizes
- Significant Value Add Opportunity with Rental Upside
- Retail-Oriented Layout with Broad Tenant Appeal
- Additional upside through future development
- Prime Chinden Corridor Location
- Attractive Yield Expansion
Executive Summary
CornerPoint Commercial Real Estate is pleased to present the opportunity to acquire Chinden Business Park, a multi-tenant NNN retail investment located along one of the Treasure Valley’s primary commuter corridors in Garden City, Idaho.
Originally designed for flex use, the property has evolved into a predominantly retail-oriented asset, with over 85% of the tenancy comprised of retail and service users. Its high-visibility frontage along Chinden Boulevard and strong consumer access support rental performance consistent with corridor retail and service-oriented tenancy.
The property offers a compelling value-add opportunity, with in-place rents significantly below market and a clear path to increasing income through lease rollover and lease-up of existing vacancy. With strong demand for retail and service-oriented space, limited new supply, and a strategic location within the Garden City Urban Renewal District, the asset is well-positioned for continued growth and repositioning.
Originally designed for flex use, the property has evolved into a predominantly retail-oriented asset, with over 85% of the tenancy comprised of retail and service users. Its high-visibility frontage along Chinden Boulevard and strong consumer access support rental performance consistent with corridor retail and service-oriented tenancy.
The property offers a compelling value-add opportunity, with in-place rents significantly below market and a clear path to increasing income through lease rollover and lease-up of existing vacancy. With strong demand for retail and service-oriented space, limited new supply, and a strategic location within the Garden City Urban Renewal District, the asset is well-positioned for continued growth and repositioning.
Property Facts
| Price | $9,992,232 CAD | Number of Properties | 3 |
| Price / SF | $244.87 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment NNN | Total Building Size | 40,807 SF |
| Status | Active | Total Land Area | 3.66 AC |
| Price | $9,992,232 CAD |
| Price / SF | $244.87 CAD / SF |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 40,807 SF |
| Total Land Area | 3.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4545 W Chinden Blvd, Garden City, ID 83714 | Retail | 24,192 SF | 1980 | - |
| 4501 W Chinden Blvd, Garden City, ID 83714 | Retail | 13,415 SF | 1980 | - |
| 4511 W Chinden Blvd, Garden City, ID 83714 | Retail | 3,200 SF | 1980 | - |
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Chinden Business Park
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