Retail or Office Drive-Thru
For Sale
Contact for pricing
Pending
1010 N Whitewater Park Blvd, Boise, ID 83703
Prominent drive-thru approved and monument signage, with 42 on-site parking spaces and a backup generator.
Property Size10,660 SF
Days on Market573
Property Features for 1010 N Whitewater Park Blvd
General Information
Standard status
Pending
Size
10,660 SF
Total Parking Spaces
42
Property subtype
RETAIL
Amenities
monument signage
approved drive-thru
backup generator
Listing Agency:
CBRE Boise
(208) 947-0817
Listed By:
Mark Schlag · License #SP40048
Source:
Moodyscre
Added: Jan 3, 2025
Changed: Jul 27
Last Checked: Jul 27 at 3:47PM
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 CBRE Boise
Investment Insights
Based on property information with market context.
This retail or office building for sale includes prominent monument signage and an existing approved drive-thru. The property is equipped with a backup generator and provides 42 on-site parking spaces, with flexibility to reconfigure as needed.
Located along Whitewater Park Blvd., the building is described as visible from State Street. It is positioned about 1.4 miles from downtown, 0.5 miles from Esther Simplot Park, and 1.3 miles from the Chinden Blvd and I-84 Connector.
The offering is sized at 10,660 square feet.
Located along Whitewater Park Blvd., the building is described as visible from State Street. It is positioned about 1.4 miles from downtown, 0.5 miles from Esther Simplot Park, and 1.3 miles from the Chinden Blvd and I-84 Connector.
The offering is sized at 10,660 square feet.
Key Highlights
- Prominent monument signage plus an approved drive‑thru
- Backup generator included
- 42 on‑site parking spaces, with flexibility to reconfigure
Financial Insights For Office B
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 | $223.9k | $21.00 |
| − Vacancy | −$31.3k | −$2.94 |
| EGI | $192.5k | $18.06 |
| − OpEx | −$48.1k | −$4.52 |
| NOI | $144.4k | $13.54 |
10,660 SF · lease $21.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.06M
$1.80M – $2.41M
NOI $144,390 @ 7.0% cap · market cap 5.18%
Second Best
Retail
$1.93M
$1.69M – $2.25M
NOI $135,113 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$2.94M
$2.58M – $3.43M
NOI $206,079 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Explore this area
Business Placement
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 Office in Boise, ID
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Prominent drive-thru approved and monument signage, with 42 on-site parking spaces and a backup generator.
Where is this retail space located?
The property is located at 1010 N Whitewater Park Blvd Boise, ID.
What is the asking price?
The asking price for this property is $2,785,000.
What are key features of this property?
This property features: Prominent monument signage plus an approved drive‑thru; Backup generator included; 42 on‑site parking spaces, with flexibility to reconfigure
