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Prime Retail Space Available
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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 Market339

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 Contact us

Prime Retail Space for Lease – 16th & State

Size
24,390 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
OTHER
Availability
AVAILABLE, Now
Sublease
No
Prime Retail Space for Lease – Former Rite Aid at 16th & State Street, Boise, ID...
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Listing Agency: Summit Commercial Real Estate
Listed By: Andrea Nilson · License #SP39275
Source: Moodyscre
Added: Sep 8, 2025 Changed: Aug 8 Last Checked: Aug 11 at 10:07AM

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

Current Use

Rite Aid Pharmacy Pharmacy Rite Aid Pharmacy Rite Aid Photo (Bike/Boat/Book/etc) Store KeyMe Locksmiths Locksmith Western Union Bank

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,917
Businesses Nearby
150k
Monthly Visits Nearby

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

Market

Lease Benchmarks for Boise, ID

$19.89 /SF/Yr
Avg Asking Price
$10–$29 /SF/Yr
Price Range
8,450 SF
Avg Space Size

Vacancy Rate% for Retail in Boise, ID

6.2% 2019
6.7% 2020
5.3% 2021
4.7% 2022
4.4% 2023
3.6% 2024
5.1% 2025
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.
(208) 890-4028 Call to check price and availability
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