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Property profile & analytics
OFF-MARKET
Lifestyle centers

5100-5350 Overland Rd Boise, ID 83705

168,693 SF Built 1963
Property ID
Property summary
AI-generated overview

Hillcrest Shopping Center presents a unique investment opportunity in Boise, Idaho. This established 168,693 square foot shopping center, built in 1963 and situated on a 24.73-acre lot, offers multiple retail spaces for lease. Currently, 7,299 square feet of space is available, with units ranging from a minimum of 999 square feet to a maximum contiguous space of 6,300 square feet. The property boasts ample parking, a significant advantage for both tenants and customers. Its location in a rapidly growing area of Boise offers excellent visibility and accessibility, with convenient proximity to major freeways and the airport. The MX-3 zoning allows for flexible use, encompassing retail, office, and even industrial applications, thanks to the presence of roll-up and dock doors in some units. This mixed-use potential provides significant adaptability for prospective tenants. Highly competitive lease rates and low NNN expenses make this a financially attractive proposition. The strong retail synergy within the existing development further enhances the value and potential for success. This is an exceptional opportunity to establish a presence in a thriving Boise submarket.

Property profile
Verified
Property type Lifestyle centers
Year built 1963
Total area 168,693 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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