1509 Caldwell Blvd
Nampa, ID 83651 Nampa

$2,100,000 USD

General Retail For Sale • 60,340 SF

Property Details

Property Type General Retail
Total Building Size 60,340 SF
Lot Size 4.21 AC
Building Class B
Year Built 1965
Tenancy Single

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                A privately-owned company, acquired in February 2020 for $68.4M by Healthcare Co. Ltd, and is now one of the West Coast’s largest furniture retailers
                            
                                This location ranks first in the state in terms of visits, per Placer.ai
                            
                                Offered at an extremely low basis of $35 per building square foot and $11.46 per land square foot
                            
                                Effective NOI of $1.74/SF with a modified gross lease structure, paying directly for utilities serving their space
                            
                                Current ownership completely rebuilt and renovated the eastern facade of the store
                            
                                Mor has occupied the premises for nearly 9 years and has just recently excuted their first of four, five-year options