16245 Norco Way Nampa, ID 83687

Property Details for 16245 Norco Way

Year built

2023

Lot size

7.46 lot acres

Property size

75,000 SF

Property type

Manufacturing properties

Property subtype

Distribution centers

Description

This exceptional Class A industrial property in Nampa, Idaho, offers a compelling investment opportunity. The 75,000-square-foot warehouse and manufacturing facility, built in 2023, sits on a 7.46-acre lot and boasts 100% occupancy with two stable tenants: Irby Electric and Coast Aluminum, Inc. The building features 4,000 square feet of office space, 76 parking spaces, and 3 acres of fenced, compacted, and lit yard space. Loading is convenient with 3 dock-high doors and 3 grade-level doors, a 120-foot truck court depth, and 24-foot clear ceiling height. The property includes ESFR sprinklers and is zoned I-l, Light Industrial. Its strategic location just off I-84, with easy access to Exit 35, places it near major industrial users and provides excellent visibility. Current rents are approximately 10% below market, presenting significant upside potential for the investor. This premier-quality building, with its thoughtful design and prime location, represents a sound, long-term asset. The property's features include a 12' x 14' grade-level door (Irby) and two 24' x 16' grade-level doors (Coast). The building's proximity to Nampa's retail and service businesses further enhances its appeal. This is a rare opportunity to acquire a high-quality, fully occupied industrial asset with substantial future growth potential.