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Retail Investment Property with Cap Rate
For Sale
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720 N Allumbaugh Street, Boise, ID 83704

For sale retail property with a reported 8.19% cap rate and 11,249 SF.

Property Size11,249 SF
Days on Market125

Property Features for 720 N Allumbaugh Street

General Information

Standard status Active
Size 11,249 SF
Property subtype Retail, Industrial
Occupancy 100%

Additional Details

Cap Rate 8.19%
Listing Agency: Colliers - Boise, Idaho
Listed By: Scott Raeber · License #ID AB37714
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 4:39AM

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 - Boise, Idaho

Investment Insights

Based on property information with market context.

This retail investment property is offered for sale and is presented with a reported 8.19% cap rate. The offering totals 11,249 SF of retail space.

The property is located at 720 N Allumbaugh Street in Boise, Idaho 83704.

The information provided focuses on the retail use and the stated investment metric, making it suitable for buyers evaluating this asset as part of a portfolio or for retail-focused acquisitions.

Key Highlights

  • Reported 8.19% cap rate
  • Retail property for sale with 11,249 SF

Property Analytics

Current Use

TNJ Garage Auto Repair Shop

Suggested Use

Top Pick Hotel & Motel Real Estate Agency Grocery & Convenience Store HVAC Service Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,433
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Hotels & Casinos 37% Home Improvements & Furnishings 10%
Visionworks Shops & Services
1,696 visits/mo 0.5 miles
Pearle Vision Shops & Services
1,403 visits/mo 0.5 miles
Residence Inn by Marriott Boise West Hotels & Casinos
1,237 visits/mo 0.3 miles
Candlewood Suites Boise Hotels & Casinos
977 visits/mo 0.4 miles
Mattress Firm Home Improvements & Furnishings
606 visits/mo 0.4 miles

Demographics for 83704, ID

42,430
Population
17,776
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
4,822
Density / Sq Mi
$70,806
Median Household Income
$37,201
Median Earnings
$1,363
Median Rent
$354,400
Median Home Value

Market

Vacancy Rate% for Retail in Boise, ID

6.2% 2019
6.7% 2020
5.3% 2021
4.7% 2022
4.4% 2023
3.6% 2024
5.1% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property with a reported 8.19% cap rate and 11,249 SF.
Where is this retail space located?
The property is located at 720 N Allumbaugh Street Boise, ID.
What are key features of this property?
This property features: Reported 8.19% cap rate; Retail property for sale with 11,249 SF
(208) 859-0409 Call to check price and availability
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