Manufacturing Facility With Office
For Sale
$15,500,000
1406 N Galleria Dr, Nampa, ID 83687
Conditioned production space integrates R&D, executive offices, shipping, storage, and employee amenities under one roof.
Property Size103,459 SF
Price / SF$149.82
Days on Market54
Property Features for 1406 N Galleria Dr
General Information
Standard status
Active
Size
103,459 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Conditioned Warehouse
Yes
Building Details
Building Size
103,459 SF
Year Built
2009
Listed By:
Gavin Phillips, SIOR
(208) 401-4101
Source:
Tokcommercial
Added: Aug 14
Changed: Sep 8
Last Checked: Oct 5 at 3:27PM
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 Gavin Phillips, SIOR
Investment Insights
Based on property information with market context.
The 103459-square-foot facility, completed in 2009, combines manufacturing, research and development, and corporate operations within a single building. Its layout includes a fully conditioned production environment, executive offices, conference and training areas, shipping, storage, and employee amenities. The property is suited to operations requiring a coordinated mix of industrial and office functions, with BC-Community Business zoning.
At 1406 N Galleria Dr in Nampa, the facility is positioned in the Gateway area with access to Interstate 84 and the future Highway 16 corridor. The surrounding amenity base includes restaurants, hotels, healthcare, and retail, while the location provides regional connectivity across the Treasure Valley.
At 1406 N Galleria Dr in Nampa, the facility is positioned in the Gateway area with access to Interstate 84 and the future Highway 16 corridor. The surrounding amenity base includes restaurants, hotels, healthcare, and retail, while the location provides regional connectivity across the Treasure Valley.
Key Highlights
- 103459 SF manufacturing and corporate operations facility
- Fully conditioned manufacturing environment with integrated R&D space
- Executive offices, conference rooms, and training areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,033,742
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,674,840
$20.7M
Cap Rate 7%
$14,767,743
$14.8M
Cap Rate 9%
$11,486,022
$11.5M
Market Conditions
NOI Build-Up for 103,459 SF
Gross rent
$1.74M $16.80/SF
− Vacancy
−$147.7K −$1.43/SF
EGI
$1.59M $15.37/SF
− OpEx
−$556.6K −$5.38/SF
NOI
$1.03M $9.99/SF
Area
Nampa, ID
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,674,840
Cap Rate 7%
$14,767,743
Cap Rate 9%
$11,486,022
Alternative Uses
Best Use
Flex RnD
$14.77M
$12.92M – $17.23M
NOI $1,033,742 @ 7.0% cap · market cap 6.67%
Second Best
Industrial
$12.70M
$11.11M – $14.82M
NOI $889,044 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$26.17M
$22.90M – $30.53M
NOI $1,831,969 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Explore this area
Business Placement
Demographics for 83687, ID
37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Conditioned production space integrates R&D, executive offices, shipping, storage, and employee amenities under one roof.
Where is this manufacturing property located?
The property is located at 1406 N Galleria Dr Nampa, ID.
What is the asking price?
The asking price for this property is $15,500,000.
What are key features of this property?
This property features: 103459 SF manufacturing and corporate operations facility; Fully conditioned manufacturing environment with integrated R&D space; Executive offices, conference rooms, and training areas
