Coffee Shop
For Sale
Contact for pricing
2999 N Lake Harbor, Boise, ID 83616
The property previously operated as a coffee shop and may suit another beverage-focused business.
Property Size51,360 SF
Days on Market14
Property Features for 2999 N Lake Harbor
General Information
Standard status
Active
Size
51,360 SF
Property subtype
Office
Lease Term
FSEJ
Site & Location
Neighborhood
Collister
Building Details
Building Size
51,360 SF
Properties For Sale
at 2999 N Lake Harbor
Suite 201
Size
1,179 SF
Type
Office Building
Term
Negotiable
Listed By:
Galen Miller
(208) 947-0841
Source:
Tokcommercial
Added: Oct 23
Changed: Nov 3
Last Checked: Nov 4 at 10:48AM
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 Galen Miller
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This coffee shop property previously operated as a coffee shop. Its former use provides a factual basis for considering a coffee or juice business.
Key Highlights
- Former coffee shop use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$706,303
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,126,060
$14.1M
Cap Rate 7%
$10,090,043
$10.1M
Cap Rate 9%
$7,847,811
$7.8M
Market Conditions
NOI Build-Up for 51,360 SF
Gross rent
$986.1K $19.20/SF
− Vacancy
−$44.4K −$0.86/SF
EGI
$941.7K $18.34/SF
− OpEx
−$235.4K −$4.58/SF
NOI
$706.3K $13.75/SF
Area
Ada County, ID
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,126,060
Cap Rate 7%
$10,090,043
Cap Rate 9%
$7,847,811
Alternative Uses
Best Use
Specialty Retail
$10.09M
$8.83M – $11.77M
NOI $706,303 @ 7.0% cap · market cap 4,154,723.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.18M
$12.41M – $16.55M
NOI $992,892 @ 7.0% cap · market cap 5,840,541.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
24k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Shell
Shops & Services
9,961 visits/mo
0.5 miles
Starbucks
Dining
8,533 visits/mo
0.3 miles
Pick A Part
Shops & Services
2,623 visits/mo
0.1 miles
Domino's Pizza
Dining
1,697 visits/mo
0.3 miles
Meineke Car Care Center
Shops & Services
982 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Boise, ID
Similar Off Market Nearby
- Disciples Coffee Roasters — 199 E 52nd St, Boise, ID 83714
- The Human Bean — 4213 W State St, Boise, ID 83703
- Karuna Kava & Tea — 5220 N Sawyer Ave Unit A, Garden City, ID 83714
- Caffeina Roasting Company — 4774 W State St, Boise, ID 83703
- Starbucks — 5021 W State St, Boise, ID 83703
Frequently Asked Questions
What type of property is this?
Coffee shop - The property previously operated as a coffee shop and may suit another beverage-focused business.
Where is this coffee shop located?
The property is located at 2999 N Lake Harbor Boise, ID.
What are key features of this property?
This property features: Former coffee shop use
