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Family Dollar-Anchored Strip Center
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134 N 4th Street, Montpelier, ID 83254

Fully occupied retail center with an established anchor and complementary shop tenants.

Property Size12,180 SF
Lot Size1.25 Acres
Price / SF$69.97
Days on Market7

Property Features for 134 N 4th Street

General Information

Standard status Active
Size 12,180 SF
Lot size 1.25 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Asking Price $852,188
Anchor Co-Tenants Family Dollar

Building Details

Year Built 2005
Tenancy Multi
Listing Agency: Marcus & Millichap
Listed By: Daniel Hurd · License #FL SL3301193
Source: Crexi
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 21 at 4:58AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This 12,180-square-foot retail center occupies 1.25 acres and is fully leased to Family Dollar, Expressions Salon, and The Berry Patch. Family Dollar occupies approximately 75% of the center and has operated at the property since 2005. Its lease extends through December 31, 2036, with six additional five-year renewal periods subject to contractual cancellation rights. The shop tenants have renewed through October 2027.

The property fronts N 4th Street along the concurrent US-30 and US-89 alignment in Montpelier, the principal commercial corridor serving the community. Family Dollar operates under a modified NNN expense-reimbursement structure, while the two shop spaces use gross leases. The center reflects 100% occupancy and an 8.58% forward cap rate.

Key Highlights

  • 12,180‑square‑foot retail center on 1.25 acres
  • 100% occupied by Family Dollar, Expressions Salon, and The Berry Patch
  • Family Dollar occupies approximately 75% of the center and has operated there since 2005

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Hair Salon Furniture & Home Goods Bakery Law Firm Nail Salon

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 83254, ID

3,803
Population
1,806
Households
2.1
Avg Household Size
38
Median Age
19%
College-Educated
90%
High-School Grad
558.4 sq mi
ZIP Area
7
Density / Sq Mi
$60,570
Median Household Income
$32,210
Median Earnings
$633
Median Rent
$200,000
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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied retail center with an established anchor and complementary shop tenants.
Where is this strip mall located?
The property is located at 134 N 4th Street Montpelier, ID.
What is the asking price?
The asking price for this property is $852,188.
What are key features of this property?
This property features: 12,180‑square‑foot retail center on 1.25 acres; 100% occupied by Family Dollar, Expressions Salon, and The Berry Patch; Family Dollar occupies approximately 75% of the center and has operated there since 2005
(813) 387-4746 Call to check price and availability
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