Property Details
Retail Center For Sale | Boise, ID
This investment opportunity is for the interest in Country Square Shopping Center, a 96,480 square foot retail center sitting on 7.9 acres. The center has excellent tenant synergy and a dynamic cross-shopping experience with stable credit tenants and is shadow-anchored by strong national retailers. Country Square is located at the corner of Five Mile Road and Overland Road in Boise, Idaho. This intersection is one of the busiest in the valley and has an estimated 43,000 vehicles per day pass by. In February of 2018 Forbes named the Boise area as the #1 Fastest Growing City in America.
Investment includes 3 buildings
Strong tenant mix
Amazon-proof retailers
Low price per square foot
Stable credit tenants with long-term leases; Dollar Tree, AutoZone, US Bank, Papa Murphy’s, Trade Viet and Mac Life
Offered well below replacement cost ($90.76 PSF)
Synergistic shopping center with Walgreens; shadow-anchored by Fred Meyer and Albertsons
Surrounded by dense residential and higher than average household incomes
Southwest Boise’s sub-market has a 3.08% vacancy rate
- Property TypeRetail
- Submarket
- Year Built1978
- Total Acres2.21
- Number of Floors1
- ZoningC-1D, City of Boise
- Property ID2037435