Nampa Office/Retail Space
For Sale
Contact for pricing
E Commerce St, Nampa, ID 83687
High-visibility office/retail space with freeway signage and easy access.
Property Size8,496 SF
Price / SF$207.74
Days on Market850
Property Features for E Commerce St
General Information
Standard status
Active
Size
8,496 SF
Property subtype
Retail, Office, Land
Zoning
BC
Listing Agency:
Colliers - Boise, Idaho
(208) 472-2866
Listed By:
Scott Feighner · License #ID SP37920
Source:
Crexi
Added: Apr 25, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:17AM
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 Colliers - Boise, Idaho
Investment Insights
Based on property information with market context.
This high-visibility office and retail space is located in Nampa and features freeway signage, benefiting from 114,500 vehicles per day of eastbound traffic on I-84. The new build allows for maximum floor plan efficiency. Monument and building signage are available. Ease of access from I-84 is provided. The property is situated near numerous amenities in the Nampa Gateway Shopping Center and the surrounding area. The space is divisible to 4,000 square feet. The property size is 8,496 square feet. There is a partial ownership or joint venture opportunity.
Key Highlights
- High visibility location with freeway signage and 114,500 VPD eastbound I‑84 traffic.
- New build with efficient floor plan.
- Ease of access from I‑84.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$109,726
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,194,520
$2.2M
Cap Rate 7%
$1,567,514
$1.6M
Cap Rate 9%
$1,219,178
$1.2M
Market Conditions
NOI Build-Up for 8,496 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$178.4K $21.00/SF
− Vacancy
−$32.1K −$3.78/SF
EGI
$146.3K $17.22/SF
− OpEx
−$36.6K −$4.31/SF
NOI
$109.7K $12.92/SF
Area
Nampa, ID
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,194,520
Cap Rate 7%
$1,567,514
Cap Rate 9%
$1,219,178
Alternative Uses
Best Use
Office B
$1.57M
$1.37M – $1.83M
NOI $109,726 @ 7.0% cap · market cap 6.22%
Second Best
Retail
$1.45M
$1.27M – $1.69M
NOI $101,697 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,440 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 83687, ID
37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - High-visibility office/retail space with freeway signage and easy access.
Where is this office units located?
The property is located at E Commerce St Nampa, ID.
What is the asking price?
The asking price for this property is $1,765,000.
What are key features of this property?
This property features: High visibility location with freeway signage and 114,500 VPD eastbound I‑84 traffic.; New build with efficient floor plan.; Ease of access from I‑84.
