Prime Retail Space
For Lease
Contact for pricing
1515 W STATE ST, Boise, ID
High-visibility retail space with drive-thru and flexible leasing options.
Space Size24,390 SF
Lot Size1.79 Acres
Days on Market394
Property Features for 1515 W STATE ST
General Information
Standard status
Active
Size
24,390 SF
Lot size
1.79 Acres
Property subtype
RETAIL
Spaces For Lease
at 1515 W STATE ST
Prime Retail Space for Lease – 16th & State
AVAILABLE, Now
Size
24,390 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
OTHER
Sublease
No
Prime Retail Space for Lease – Former Rite Aid at 16th & State Street, Boise, ID - This high-profile retail opportunity is located at the busy intersection of 16th and State Street, just minutes from Downtown Boise. The property offers outstanding visibility, excellent access, and sits on one of the city's most traveled commuter corridors. Previously a Rite Aid, the building features a rare double drive-thru, dock-high roll-up door, additional loading ramp, and multiple access points, making it ideal for a variety of retail, restaurant, or service-based uses. Ample on-site parking, along with prominent pylon and building signage, further enhances its appeal. The space is highly flexible and can be demised to accommodate a range of tenant sizes. Lease rate, building split, and terms are all negotiable, with details available upon request. The site benefits from strong retail and restaurant synergy, surrounded by established brands such as Albertsons, Starbucks, Dutch Bros Coffee, Carl’s Jr., Verizon, Papa Murphy’s, US Bank, and Smoky Mountain Pizzeria. Directly across the street, a new 110-unit residential development is underway, adding to the already dense and affluent customer base in Boise’s North End. There is a strong current year population of 178,561 in the identified area. The current household count in the area is 79,593. The five-year projected increase in households is 85,420, which will depend largely upon vertical in-fill construction. The property is strategically positioned between the North End and West End neighborhoods and is just minutes from the Interstate 84 Connector, enhancing regional accessibility. The area is experiencing rapid growth, with numerous new developments nearby—details of which can be explored through the Boise Dev Project Tracker website. This is a rare opportunity to secure space in a prime Boise location with high traffic, exceptional visibility, and flexible leasing options. Contact the listing agents today for more information, tours, or to discuss custom leasing solutions.
Contact us
Listing Agency:
Summit Commercial Real Estate
(208) 975-4447
Listed By:
Andrea Nilson · License #SP39275
(208) 890-4028
Source:
Moodyscre
Added: Sep 8, 2025
Changed: Sep 6
Last Checked: Oct 5 at 9:02PM
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
Investment Insights
Based on property information with market context.
This retail space, formerly a Rite Aid, is located at the intersection of 16th and State Street in Boise, minutes from Downtown Boise. The property features high visibility and excellent access on a major commuter corridor. The building includes a double drive-thru, a dock-high roll-up door, an additional loading ramp, and multiple access points. It is suitable for retail, restaurant, or service-based uses. Ample on-site parking is available, along with pylon and building signage. The space offers flexibility for various tenant sizes. The location benefits from retail and restaurant synergy, surrounded by brands such as Albertsons, Starbucks, Dutch Bros Coffee, Carl’s Jr., Verizon, Papa Murphy’s, US Bank, and Smoky Mountain Pizzeria. A new 110-unit residential development is under construction across the street. The current year population in the area is 178,561, with 79,593 households. A five-year projected increase to 85,420 households is anticipated. The property is positioned between the North End and West End neighborhoods, near the Interstate 84 Connector. The area is experiencing rapid growth, with new developments nearby. The property size is 24390 square feet.
Key Highlights
- High‑profile location at the busy intersection of 16th and State Street, minutes from Downtown Boise, offering outstanding visibility and access.
- Rare double drive‑thru, dock‑high roll‑up door, and additional loading ramp, suitable for diverse businesses.
- Strong retail synergy with established brands like Albertsons, Starbucks, and US Bank, attracting consistent customer traffic.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,917
Businesses Nearby
150k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 32%
Groceries 30%
Dining 22%
Hotels & Casinos 8%
Albertsons
Groceries
35,360 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
16,027 visits/mo
0.1 miles
Chevron
Shops & Services
12,547 visits/mo
0.1 miles
State Liquor Store
Groceries
8,683 visits/mo
0.1 miles
U.S. Bank
Shops & Services
7,635 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Boise, ID
$21.44 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
8,484 SF
Avg Space Size
Vacancy Rate% for Retail in Boise, ID
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail space with drive-thru and flexible leasing options.
Where is this retail space located?
The property is located at 1515 W STATE ST Boise, ID.
What are key features of this property?
This property features: High‑profile location at the busy intersection of 16th and State Street, minutes from Downtown Boise, offering outstanding visibility and access.; Rare double drive‑thru, dock‑high roll‑up door, and additional loading ramp, suitable for diverse businesses.; Strong retail synergy with established brands like Albertsons, Starbucks, and US Bank, attracting consistent customer traffic.
