4203 Garrity Blvd Nampa, ID 83687
Property profile & analytics
4203 Garrity Blvd Nampa, ID 83687
- Lifestyle centers
Property ID
US27-0146875
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Lifestyle centers
Property Details for 4203 Garrity Blvd
- Year built
- 2024
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, single-tenant retail building located at 4203 Garrity Blvd, Nampa, ID, within the rapidly growing Boise MSA. The property, constructed in 2024, is a Class A building housing a Take 5 Oil Change, a national brand tenant, under a 20-year absolute NNN lease commencing December 10, 2024, and expiring November 9, 2044. The lease includes 10% rent bumps every five years, ensuring consistent income growth. The property boasts a current Net Operating Income (NOI) of $130,000, resulting in a 5.75% cap rate. The tenant is an experienced multi-unit operator with a presence in Idaho, Washington, and Oregon. This prime location benefits from high traffic counts exceeding 32,400 vehicles daily, situated in a bustling retail corridor just off I-84. Nampa, the third-largest city in Idaho with a population of 110,951, is part of the Boise MSA, home to approximately 825,000 residents. The investment offers significant tax advantages due to eligibility for a 15-year depreciation schedule (consult your accountant). The asking price is $2,260,870. The lease includes four five-year renewal options, providing long-term stability and predictable cash flow. This is a rare opportunity to acquire a secure, long-term investment in a high-growth market with minimal landlord responsibilities. The property is 100% occupied with an occupancy date of January 15, 2025.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Nampa
- County
- Canyon
- State
- Idaho
- Longitude
- -116.51922145255
- Latitude
- 43.593837647143
