1406 N Galleria Dr, Nampa, ID
104,000 SF building near Central Valley Express Way.
- Added:
- Mar 6, 2025
- Days on Market:
- 460
- Last Refresh:
- May 20 at 9:15 pm
Property Features for 1406 N Galleria Dr
General Information
- Standard status
- Active
- Size
- 104,000 SF
- Lot size
- 5.90 Acres
- Property subtype
- RETAIL
Listing agent Bryan Vaughn License ##SP56605 (208) 493-5111
Listing office Colliers International Idaho - Boise (208) 493-5111
Listing date Mar 6, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers International Idaho - Boise
HighLights
- 104,000 SF former Macy’s building
- Central Valley Express Way access (0.25 miles)
- Proximity to Ford Idaho Center, CWI, Amazon & St. Alphonsus
- 15‑minute drive to West Boise, Meridian, Eagle, Middleton & Caldwell
- Large building size
- High traffic location
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.87M | $18.00 |
| − Vacancy | −$93.6k | −$0.90 |
| EGI | $1.78M | $17.10 |
| − OpEx | −$533.5k | −$5.13 |
| NOI | $1.24M | $11.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Nampa
- County
- Canyon
- State
- Idaho
- Longitude
- -116.51
- Latitude
- 43.597
