1355 Caldwell Blvd Nampa, ID 83651-1723
- Commercial real estate
- 0.52 lot acres
Oct 27, 2022
Current Use by Public Records
- Breeze, Better Laundry / Laundromat
- Tropical Smoothie Cafe / Restaurant / Breakfast Restaurant
Property Details for 1355 Caldwell Blvd
- Lot size
- 0.52 lot acres
- Property type
- Commercial real estate
- APN
- 12143200 0
- APU
- 121432000
Description
This exceptional investment opportunity presents a newly constructed (2021), single-story, multi-tenant retail building totaling 5,250 square feet on a 0.52-acre lot in Nampa, Idaho. The property boasts a strong 5.50% cap rate and a projected net operating income (NOI) of $178,384 for 2025. The building features a drive-thru and is occupied by two tenants under long-term, fully reimbursed NNN leases. One tenant is a prominent national brand, Tropical Smoothie, and the other is a successful local business, Breeze Better Laundry, with four locations in the area. This prime location within Nampa's major retail hub offers excellent visibility and accessibility, with daily traffic counts exceeding 34,000 vehicles. The property benefits from its proximity to major retailers such as MOR Furniture, Ross, Big 5, Boot Barn, JoAnn Fabric, Lowe's, Winco, and Home Depot. Furthermore, the property is adjacent to a newly constructed high-density residential complex with 288 units, providing a strong customer base. Easy access to Caldwell Boulevard and Interstate 84 adds to its appeal. The asking price for this exceptional investment is $3,250,000. This is a rare opportunity to acquire a high-performing, multi-tenant retail property in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $405,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Nampa
- County
- Canyon
- State
- Idaho
- Longitude
- -116.598
- Latitude
- 43.6013
- CBSA code
- 14260
- CBSA name
- BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
