Brewery and Taproom
For Sale
Contact for pricing
9719 W Chinden Blvd, Garden City, ID 83714
Turnkey brewery and taproom with established customer base.
Property Size8,353 SF
Price / SF$299.29
Days on Market184
Property Features for 9719 W Chinden Blvd
General Information
Standard status
Active
Size
8,353 SF
Property subtype
Industrial, Retail
Zoning
C2
Lease Type
NNN
Building Details
Year Built
2017
Buildings
1
Stories
1
Listing Agency:
NAI Select
(208) 781-9524
Listed By:
Travis Dunn · License #ID SP52954
Source:
Crexi
Added: Feb 9
Changed: Aug 8
Last Checked: Aug 10 at 10:48AM
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 NAI Select
Investment Insights
Based on property information with market context.
This fully built-out brewery and taproom facility is currently home to Powderhaus Brewing Co. With over 7 years of successful operation, the brewery has cultivated a customer base. The property features infrastructure built for production and hospitality. It is move-in ready for brewery or beverage production use, complete with full brewing infrastructure, including industrial grade plumbing, trench drains, and cold storage. A 26-tap draft system supports a range of house and guest beers. The property also includes a dedicated pub and retail area, ideal for tasting room operations and merchandise sales, as well as private office space and ample warehouse and storage areas to support operations and distribution. A spacious outdoor patio and maintained grounds expand seating capacity and create an environment for events, live music, or community gatherings. The layout supports both production efficiency and customer experience, allowing future operators to step into a functional environment with minimal capital improvements. The property is located at 9719 W Chinden Blvd, Garden City, ID 83714 and has a size of 8353 square feet.
Key Highlights
- Turnkey brewery and taproom facility, move‑in ready for beverage production.
- Includes full brewing infrastructure with industrial‑grade plumbing, trench drains, and cold storage (equipment purchased separately).
- Features a 26‑tap draft system for a wide range of beers.
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
$105,872
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
4.23%
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%
$2,117,440
$2.1M
Cap Rate 7%
$1,512,457
$1.5M
Cap Rate 9%
$1,176,356
$1.2M
Market Conditions
NOI Build-Up for 8,353 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
$158.4K $18.96/SF
− Vacancy
−$7.1K −$0.85/SF
EGI
$151.2K $18.11/SF
− OpEx
−$45.4K −$5.43/SF
NOI
$105.9K $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 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%
$2,117,440
Cap Rate 7%
$1,512,457
Cap Rate 9%
$1,176,356
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,872 @ 7.0% cap · market cap 4.23%
Second Best
Industrial
$1.05M
$918.9K – $1.23M
NOI $73,509 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,480 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 83714, ID
26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Brewery - Turnkey brewery and taproom with established customer base.
Where is this brewery located?
The property is located at 9719 W Chinden Blvd Garden City, ID.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Turnkey brewery and taproom facility, move‑in ready for beverage production.; Includes full brewing infrastructure with industrial‑grade plumbing, trench drains, and cold storage (equipment purchased separately).; Features a **26‑tap draft system** for a wide range of beers.
