Leased Retail Shopping
For Sale
$30,116,453
2068 Bridgeview Boulevard, Twin Falls, ID 83301
For sale within Canyon Park Shopping Center, offered 100% leased retail investment.
Property Size93,625 SF
Days on Market103
Property Features for 2068 Bridgeview Boulevard
General Information
Standard status
Active
Size
93,625 SF
Property subtype
Retail
Occupancy
100%
Building Details
Building Size
93,625 SF
Listing Agency:
Newmark Mountain West
Listed By:
Chad Moore · License #5484799-SA00
(801) 456-8801
Source:
Commercialcafe
Added: Jun 3
Changed: Sep 11
Last Checked: Sep 13 at 4:16AM
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 Newmark Mountain West
Investment Insights
Based on property information with market context.
The subject property is located within Canyon Park Shopping Center and is offered as a 100% leased retail investment.
The asset is positioned at 2068 Bridgeview Blvd in Twin Falls, Idaho, as part of the Canyon Park retail environment.
This offering presents a fully leased configuration inside a shopping center setting, providing an investor with retail space that is currently under lease.
The asset is positioned at 2068 Bridgeview Blvd in Twin Falls, Idaho, as part of the Canyon Park retail environment.
This offering presents a fully leased configuration inside a shopping center setting, providing an investor with retail space that is currently under lease.
Key Highlights
- Retail property within Canyon Park Shopping Center, built in 2002
- Offered as a 100% leased retail investment
- Located in the Twin Falls retail sector
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,388,831
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$27,776,620
$27.8M
Cap Rate 7%
$19,840,443
$19.8M
Cap Rate 9%
$15,431,456
$15.4M
Market Conditions
NOI Build-Up for 93,625 SF
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.
Gross rent
$2.06M $21.96/SF
− Vacancy
−$72.0K −$0.77/SF
EGI
$1.98M $21.19/SF
− OpEx
−$595.2K −$6.36/SF
NOI
$1.39M $14.83/SF
Area
Twin Falls County, ID
Vacancy
3.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$27,776,620
Cap Rate 7%
$19,840,443
Cap Rate 9%
$15,431,456
Alternative Uses
Best Use
Retail
$19.84M
$17.36M – $23.15M
NOI $1,388,831 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$21.48M
$18.79M – $25.06M
NOI $1,503,454 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
387k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 45%
Dining 25%
Home Improvements & Furnishings 19%
Shops & Services 8%
T.J. Maxx
Apparel
46,766 visits/mo
0.0 miles
The Home Depot
Home Improvements & Furnishings
41,743 visits/mo
0.4 miles
Kohl's
Apparel
31,810 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
29,515 visits/mo
0.3 miles
Texas Roadhouse
Dining
28,378 visits/mo
0.4 miles
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - For sale within Canyon Park Shopping Center, offered 100% leased retail investment.
Where is this shopping center located?
The property is located at 2068 Bridgeview Boulevard Twin Falls, ID.
What is the asking price?
The asking price for this property is $30,116,453.
What are key features of this property?
This property features: Retail property within Canyon Park Shopping Center, built in 2002; Offered as a 100% leased retail investment; Located in the Twin Falls retail sector
