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Leased Pizzeria Absolute NNN
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4320 W State St, Boise, ID 83703

Absolute NNN investment featuring a 10-year leased pizzeria in a well-maintained 1986 building.

Property Size2,250 SF
Lot Size0.27 Acres
Days on Market134

Property Features for 4320 W State St

General Information

Standard status Active
Size 2,250 SF
Total Parking Spaces 16
Lot size 0.27 Acres
Property subtype Retail
Zoning C-2/D

Additional Details

Cap Rate 4.5%

Building Details

Year Built 1986
Tenancy Single
Listing Agency: Summit Commercial Real Estate Group
Listed By: LeAnn Hume · License #ID DB28514
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 11:25PM

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 Summit Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This leased pizzeria investment is structured as an “absolute NNN” arrangement, with no landlord responsibilities under the lease type. The building totals 2,250 SF and was built in 1986 and is described as well maintained. The current lease provides a 10-year initial term with a 5% rent increase in year 6, along with four 5-year renewal options that include 5% rent increases. There is on-site parking for 16 vehicles (+/-).

The property is located at 4320 W State St in Boise, Idaho, on a 0.2650-acre parcel. The zoning is City-of-Boise C-2/D.

The offering is for a single building leased under an absolute NNN structure, providing a long-term, income-oriented ownership profile through the initial term and stated renewal options.

Key Highlights

  • Absolute NNN leased investment with Flying Pie Pizzeria
  • 10‑year initial lease term with a 5% rent increase in year 6
  • 4–5 year renewal options (4 total) with 5% rent increases

Property Analytics

Current Use

Flying Pie Pizzaria- ... Restaurant

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency HVAC Service Grocery & Convenience Store Pharmacy

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Home Improvements & Furnishings 24% Dining 14%
b's Ace Hardware Home Improvements & Furnishings
5,498 visits/mo 0.3 miles
AutoZone Shops & Services
3,355 visits/mo 0.4 miles
The Human Bean Dining
3,152 visits/mo 0.1 miles
Texaco Station Shops & Services
2,566 visits/mo 0.4 miles
Wells Fargo Shops & Services
2,109 visits/mo 0.3 miles

Demographics for 83703, ID

18,163
Population
7,971
Households
2.3
Avg Household Size
40
Median Age
54%
College-Educated
97%
High-School Grad
8.1 sq mi
ZIP Area
2,242
Density / Sq Mi
$74,415
Median Household Income
$41,938
Median Earnings
$1,336
Median Rent
$477,000
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Absolute NNN investment featuring a 10-year leased pizzeria in a well-maintained 1986 building.
Where is this conventional restaurant located?
The property is located at 4320 W State St Boise, ID.
What are key features of this property?
This property features: Absolute NNN leased investment with Flying Pie Pizzeria; 10‑year initial lease term with a 5% rent increase in year 6; 4–5 year renewal options (4 total) with 5% rent increases
(208) 975-4447 Call to check price and availability
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