Corner Retail Condominium
For Sale
$750,000
36 N Echohawk Ln Unit 103, Eagle, ID 83616
Occupied corner retail condominium in a maintained business complex with strong visibility and convenient access.
Property Size1,880 SF
Price / SF$398.94
Days on Market116
Property Features for 36 N Echohawk Ln Unit 103
General Information
Standard status
Active
Size
1,880 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Amenities
Lot Features: Sm Lot 5999 SF, Lot Size Acres: 0.03, Lot Size Area: 0.03, Lot Size Square Feet: 1306.8, Lot Size Units: Acres
Tax Legal Description: See Exhibit A
Cooling: Central Air, Cooling YN: t
Heating: Forced Air, Heating YN: t
Business Type: Commercial, Lease Amount: 3169, Listing Id: 98990464, Listing Service: Full Service, Listing Terms: Cash, Consider All, 1031 Exchange, List Price: 750000, Mls Status: Active, Number Of Units Total: 1, Standard Status: Active
Parking Features: 11 - 20 Spaces
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 1880, Building Area Units: Square Feet, Building Name: Hill Road Crossing Commercial Unit, Living Area: 1880, Living Area Units: Square Feet, Stories: 2, Year Built: 2020
City: Eagle, Coordinates: -116.31987419, 43.69301, Country: US, County Or Parish: Ada, Directions: Do not show without scheduling an appointment., Latitude: 43.69301, Longitude: -116.31987419, Postal Code: 83616, State Or Province: ID, Street Name: N Echohawk Ln, Street Number: 36, Street Number Numeric: 36, Unit Number: 103, Unparsed Address: 36 N Echohawk Ln # 103, Eagle ID 83616
Farm Land Area Units: Square Feet, Leasable Area: 1880, Leasable Area Units: Square Feet, Parcel Number: R7070300180, Property Type: Commercial Sale
Utilities: Sewer Connected
Water Source: City Service
Building Details
Year Built
2020
Tenancy
Single
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Beck Forster · License #SP40146
(208) 631-5516
Source:
Thgboise
Added: Jun 16
Changed: Oct 8
Last Checked: Oct 7 at 1:57PM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
Located within Hill Road Crossing, this commercial condominium unit offers a retail suite configured for an in-place occupant. The property is part of a well-maintained business complex and is positioned as a corner unit, designed to take advantage of surrounding traffic and storefront presence.
The suite sits at the intersection of Highway 55 and Hill Road, providing visibility to passing vehicles. It offers convenient access to downtown Eagle and the surrounding Treasure Valley, with the added benefit of being within an established commercial development.
For investors or owner-operators seeking a retail asset with immediate occupancy, the unit is currently leased to a longstanding tenant. The property’s location within the corridor and its traffic-generating setting support ongoing retail use, while the offering notes the possibility of future rent adjustments to better align with current market conditions.
The suite sits at the intersection of Highway 55 and Hill Road, providing visibility to passing vehicles. It offers convenient access to downtown Eagle and the surrounding Treasure Valley, with the added benefit of being within an established commercial development.
For investors or owner-operators seeking a retail asset with immediate occupancy, the unit is currently leased to a longstanding tenant. The property’s location within the corridor and its traffic-generating setting support ongoing retail use, while the offering notes the possibility of future rent adjustments to better align with current market conditions.
Key Highlights
- Commercial condominium unit built in 2020 within the Hill Road Crossing business complex
- Occupied corner retail unit located at the intersection of Highway 55 and Hill Road
- Currently leased by a longstanding tenant for immediate income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,829
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,580
$476.6K
Cap Rate 7%
$340,414
$340.4K
Cap Rate 9%
$264,767
$264.8K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$35.6K $18.96/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$34.0K $18.11/SF
− OpEx
−$10.2K −$5.43/SF
NOI
$23.8K $12.67/SF
Area
Ada County, ID
Vacancy
4.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,580
Cap Rate 7%
$340,414
Cap Rate 9%
$264,767
Alternative Uses
Best Use
Retail
$340.4K
$297.9K – $397.2K
NOI $23,829 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$519.2K
$454.3K – $605.7K
NOI $36,344 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Occupied corner retail condominium in a maintained business complex with strong visibility and convenient access.
Where is this retail space located?
The property is located at 36 N Echohawk Ln Unit 103 Eagle, ID.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Commercial condominium unit built in 2020 within the Hill Road Crossing business complex; Occupied corner retail unit located at the intersection of Highway 55 and Hill Road; Currently leased by a longstanding tenant for immediate income
