NNN Retail
For Sale
Contact for pricing
398 S Eagle Rd, Eagle, ID 83616
Leased retail asset with absolute NNN structure and scheduled rent growth supported by a national-style shopping center setting.
Property SizeContact for details
Days on Market145
Property Features for 398 S Eagle Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Summit Commercial Real Estate Group
Listed By:
LeAnn Hume · License #ID DB28514
(208) 975-4447
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:14PM
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 retail property is leased to Flying Pie under an absolute NNN arrangement, placing property-level operating responsibilities with the tenant. The 2,560 SF building was constructed in 1999 and remodeled in 2022. Lease economics include a 15-year initial term, a 5.5% cap rate, a 5% rent increase in Year 6, and four 5-year renewal options with additional 5% increases.
Located at 398 S Eagle Rd in Eagle, Idaho, the property occupies a 0.378-acre parcel within the City of Eagle CBD-DA zoning district. The site provides 21 parking stalls that are cross-parked with the surrounding shopping center, supporting access for the retail operation. The lease structure includes no landlord responsibilities as stated in the property information.
Located at 398 S Eagle Rd in Eagle, Idaho, the property occupies a 0.378-acre parcel within the City of Eagle CBD-DA zoning district. The site provides 21 parking stalls that are cross-parked with the surrounding shopping center, supporting access for the retail operation. The lease structure includes no landlord responsibilities as stated in the property information.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- 2,560 SF building remodeled in 2022
- 15 Year Initial Term with a 5% Rent Increase in Year 6
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,477
Businesses Nearby
172k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 25%
Groceries 23%
Hotels & Casinos 5%
Albertsons
Groceries
37,802 visits/mo
0.1 miles
McDonald's
Dining
19,290 visits/mo
0.2 miles
Chevron
Shops & Services
8,623 visits/mo
0.1 miles
The Griddle
Dining
8,321 visits/mo
0.1 miles
Sinclair
Shops & Services
8,084 visits/mo
0.1 miles
Demographics for 83616, ID
33,311
Population
13,756
Households
2.4
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
111.3 sq mi
ZIP Area
299
Density / Sq Mi
$118,013
Median Household Income
$58,728
Median Earnings
$1,752
Median Rent
$720,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Leased retail asset with absolute NNN structure and scheduled rent growth supported by a national-style shopping center setting.
Where is this nnn property located?
The property is located at 398 S Eagle Rd Eagle, ID.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; 2,560 SF building remodeled in 2022; 15 Year Initial Term with a 5% Rent Increase in Year 6
