KeyBank & Vacant Lot | Absolute Triple Net (NNN) Lease

1020 Caldwell Blvd & 1714 Midland Blvd, Nampa, ID

$1,703,600

Price

6%

Cap Rate

$102,216

NOI

Overview
Cap Rate
6%
NOI
$102,216
Building Size
4,000 sqft
Lot Area
83,509 sqft
Lease Type
Absolute Net
Year Built
1993
Price Per Sqft
$425.90
Roof & Structure
Tenant’s Responsibility
HVAC
Tenant’s Responsibility
Repairs & Maintenance
Tenant’s Responsibility
Description

We Are Pleased to Exclusively Offer For Sale the 4,000 SF KeyBank and Vacant Lot Located at 1020 Caldwell Blvd & 1714 Midland Blvd in Nampa, Idaho. This Opportunity Includes a Rare Offering of Both a Stable Bank Investment in Addition to a 32,088 SF Vacant Lot Value–Add Opportunity, Providing For an Exceptional Investment.

JENNIFER D. STEIN
JDS Real Estate Services, Inc.
ID LIC. # DB40618
213.446.5366 | DIRECT
jstein@jdsreservices.com

Highlights
  • KeyBank Recently Invested Heavily in Brand New Signage and Lighting For Both the Branch and Drive-Thru, Showing a Commitment to the Site
  • The Property is an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • The Boise City MSA Was the Fastest Growing City in the U.S. During 2018 (Forbes), With an Estimated Continued Growth of 10% Over the Next Five Years
  • This is a Rare Offering of Both a Stable Bank Investment in Addition to a Vacant Lot Value-Add Opportunity
  • Boise-Nampa MSA Ranks as the 5th Best Overall Performing Medium Metro in the Country (HeadlightData)
  • KeyBank Recently Consolidated the Nearest Branch Into the Caldwell Location, Signaling Dedication to the Location
  • The Branch is Strategically Located on a Hard Signalized Corner, Just South of the Main Retail Corridor
  • Well Placed Ingress and Egress to the Pad Site
  • Neighboring Tenants Include: Dairy Queen, Starbucks, Goodwill, Target, Ross, Taco Bell, Lowe’s, Wendy’s and Much More
Documents

Location
Gallery