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    10346 Overland Rd Boise, ID 83709

    For Lease
    $18 SF/Yr

    High-traffic retail center, strong anchors

    Lot size:
    161,259 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Five Mile Plaza, a 161,259 square foot retail shopping center in Ada County, Idaho, presents a compelling investment opportunity. Strategically located at the intersection of Five Mile Road and Overland Road, two high-traffic corridors boasting a combined 48,500 vehicles per day, this center benefits from exceptional visibility and accessibility. The property features 24 suites, with a minimum divisible space of 1,526 square feet, offering flexibility for a variety of tenants. The center is anchored by a prominent Albertsons grocery store and shadow-anchored by a Fred Meyer, ensuring consistent foot traffic and strong consumer draw. A diverse mix of established businesses already occupy the center, including Jack in the Box, Wells Fargo, Ridgeline Bike & Ski, the UPS Store, and Idaho Fitness Factory, creating a vibrant and synergistic retail environment. The 13.3-acre site is situated within a densely populated area exhibiting robust demographics, promising sustained growth and profitability. This well-established center offers a rare opportunity to acquire a prime retail asset in a thriving market. The property's size, location, and existing tenant mix make it an ideal investment for both seasoned and emerging investors seeking a stable and high-performing retail portfolio addition.

    Property Features for 10346 Overland Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    161,259 SF
    Total Rate
    241888.5

    Unit(s) available at that property

    Space
    Suite 10352
    Size
    1,500 SF
    Rate per SF
    $18

    HighLights

    • High‑traffic retail shopping center totaling 161,259 square feet.
    • Anchored by Albertsons and shadow‑anchored by Fred Meyer.
    • Features 24 suites, with a minimum divisible space of 1,526 square feet.
    • Located at the intersection of Five Mile Road and Overland Road, boasting 48,500 vehicles per day.
    • Situated on 13.3 acres in Ada County, Idaho.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rocky Vape Co Vaporizer Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.311853
    Latitude
    43.5917303

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail center, strong anchors
    Where is this lifestyle center located?
    The property is located at 10346 Overland Rd Boise, ID.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail shopping center totaling 161,259 square feet.; Anchored by Albertsons and shadow-anchored by Fred Meyer.; Features 24 suites, with a minimum divisible space of 1,526 square feet.
    Request Owner's contact information
    10346 Overland Rd Boise, ID 83709
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    Boise, ID 83709
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10346 Overland Rd Boise, ID 83709
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