Nampa Office/Retail Building For
1510 N Happy Valley Rd Nampa, ID 83687
1510 N Happy Valley Rd, Nampa, ID, 83687
Contact for pricing
For Sale
Contact for pricing
Office/retail building with freeway access near medical facilities and shopping.
Property Size13,716 SF
Price / SF$149.46
Days on Market815
Property Features for 1510 N Happy Valley Rd
General Information
- Standard status
- Active
- Size
- 13,716 SF
- Property subtype
- Retail, Office, Mixed Use, Land
Listing Agency
Colliers - Boise, Idaho
(208) 472-2866
Listed by
Scott Feighner · License #ID SP37920
Source
Crexi
Added: Apr 25, 2024 Checked: Jul 16 at 11:31 am
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 highly desirable office/retail building is located in Nampa and offers convenient freeway access. The property is situated near Primary Health, St. Alphonsus’ Nampa Campus, and Nampa Digestive Health and Endoscopy Center. The location provides access to numerous amenities within the Nampa Gateway Shopping Center and the surrounding area. The building features a high parking ratio of over 7 stalls per 1,000 SF. As a new build, the property allows for efficient floor plans. The property size is 13,716 SF.
Key Highlights
- Highly desirable office/retail building with ease of freeway access
- High parking ratio at over 7 stalls per 1,000 SF
- New build, allowing for efficient floor plans
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $288.0k | $21.00 |
| − Vacancy | −$51.8k | −$3.78 |
| EGI | $236.2k | $17.22 |
| − OpEx | −$59.0k | −$4.31 |
| NOI | $177.1k | $12.92 |
13,716 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.53M
$2.21M – $2.95M
NOI $177,142 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M
NOI $242,872 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office/retail building with freeway access near medical facilities and shopping.
Where is this office building located?
The property is located at 1510 N Happy Valley Rd Nampa, ID.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Highly desirable office/retail building with ease of freeway access; High parking ratio at over 7 stalls per 1,000 SF; New build, allowing for efficient floor plans
