920 Blaine St Caldwell, ID 83605
- Lifestyle centers
- 10,158 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 920 Blaine St
- Property size
- 10,158 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 10,158 square foot shopping center, located at 920 Blaine St in Caldwell, Idaho, presents a compelling investment opportunity. The property boasts a strong 6.50% capitalization rate and a substantial net operating income (NOI) of $136,679. Situated on the highly visible, signalized corner of 10th and Blaine Streets in downtown Caldwell, this single-story building benefits from exceptional daily traffic exceeding 25,000 vehicles. The five-unit, multi-tenant structure is currently 100% leased to a diverse mix of businesses, ensuring a stable income stream. Each unit contributes to a vibrant and attractive shopping environment, drawing a wide customer base. The strategic location and signalized access points provide convenient entry and exit for both customers and employees. The asking price is $2,100,000, translating to $206.73 per square foot. This represents a rare chance to acquire a well-performing retail property in a rapidly growing commercial area of Caldwell, Idaho, within the 83605 zip code. The property's strong tenant mix and high visibility make it an ideal investment for those seeking a stable and appreciating asset in a thriving market. This NNN-leased property offers a low-maintenance, high-return investment opportunity.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caldwell
- County
- Canyon
- State
- Idaho
- Longitude
- -116.6875756
- Latitude
- 43.6635496
