Freestanding Bank Building with
9780 W Fairview Ave Boise, ID 83704
For Sale
Contact for pricing
Freestanding corner bank building with a drive-thru setup and ample on-site parking in a high-traffic retail corridor.
Property Size3,755 SF
Price / SF$426.10
Days on Market12
Property Features for 9780 W Fairview Ave
General Information
- Standard status
- Active
- Size
- 3,755 SF
- Property subtype
- RETAIL
Listing Agency:
Summit Commercial Real Estate
(208) 890-4028
Listed By:
Andrea Nilson · License #SP39275
(208) 890-4028
Source:
Moodyscre
Added: Jul 16
Changed: Jul 25
Last Checked: Jul 26 at 11:51AM
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 Summit Commercial Real Estate
Investment Insights
Based on property information with market context.
9780 W Fairview Ave is a freestanding commercial property built as a bank and continuously occupied by a financial institution since the mid-1990s. The building includes an existing drive-thru configuration and established banking infrastructure, with ample on-site parking and practical ingress and egress for customer access.
Located on a prominent corner of Fairview Avenue in one of Boise’s busiest retail corridors, the property is positioned among national retailers, restaurants, and professional services. The area also includes dense residential neighborhoods, supporting consistent daytime and commuter exposure along a primary east-west commercial corridor.
For sale as an owner-user or investment opportunity, the property offers adaptive reuse potential for financial institutions, credit unions, medical or dental practices, retail, office, restaurant, pharmacy, quick-service, coffee, or other specialty commercial users. Its freestanding design supports branding visibility and operational flexibility, while the existing bank infrastructure may help reduce renovation effort for qualified occupants.
Located on a prominent corner of Fairview Avenue in one of Boise’s busiest retail corridors, the property is positioned among national retailers, restaurants, and professional services. The area also includes dense residential neighborhoods, supporting consistent daytime and commuter exposure along a primary east-west commercial corridor.
For sale as an owner-user or investment opportunity, the property offers adaptive reuse potential for financial institutions, credit unions, medical or dental practices, retail, office, restaurant, pharmacy, quick-service, coffee, or other specialty commercial users. Its freestanding design supports branding visibility and operational flexibility, while the existing bank infrastructure may help reduce renovation effort for qualified occupants.
Key Highlights
- Freestanding commercial building on a prominent corner of Fairview Avenue in one of Boise’s busiest retail corridors.
- Originally built as a bank and continuously occupied by a financial institution since the mid‑1990s.
- Existing drive‑thru configuration with established banking infrastructure.
Financial Insights For Specialty Retail
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 | $72.1k | $19.20 |
| − Vacancy | −$3.2k | −$0.86 |
| EGI | $68.9k | $18.34 |
| − OpEx | −$17.2k | −$4.58 |
| NOI | $51.6k | $13.75 |
3,755 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$737.7K
$645.5K – $860.7K
NOI $51,639 @ 7.0% cap · market cap 3.23%
Second Best
Office B
$726.6K
$635.8K – $847.7K
NOI $50,861 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$1.04M
$907.4K – $1.21M
NOI $72,592 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
WaFd Bank
Bank
FAQs
What type of property is this?
Bank - Freestanding corner bank building with a drive-thru setup and ample on-site parking in a high-traffic retail corridor.
Where is this bank located?
The property is located at 9780 W Fairview Ave Boise, ID.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Freestanding commercial building on a prominent corner of Fairview Avenue in one of Boise’s busiest retail corridors.; Originally built as a bank and continuously occupied by a financial institution since the mid‑1990s.; Existing drive‑thru configuration with established banking infrastructure.
