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4320 W State Street

Boise, ID 83703
  • $1,200,000
  • STATUS: Active
  • ON SITE: 251 Days
  • MLS #: 98793043
UPDATED: 45 min ago
$1,200,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $533
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1986
County:
Ada

School Ratings & Info

Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.

Description

Our office been retained as the exclusive agents in the sale of a 2,250 square foot Flying Pie Pizzeria located on State Street in Boise, Idaho. Tenant Operating For 35 Years Absolute NNN Lease Zero Landlord Responsibility Under-Market Rent Ten Year Term with a 5% Rent Increase in Year 6 Multiple Renewal Options with 5% Rental Increases Strong Operating History Lease Guaranteed by Flying Pie With 7 Locations Tenant Self Maintains and Pays All Taxes and Insurance New Roof

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© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-10-19T19:10:34.673.
www.build-idaho.com/homes/114076469
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4320 W State Street Boise, ID 83703

  • Price: $1,200,000
  • Status: Active
  • Updated: 45 min ago
  • MLS #: 98793043
0
Beds
0
Baths
0
½ Baths
0.27
Acres
2,250
SQFT
$533
$/SQFT
1986
Built
Neighborhood:
Boise Nw - 0800
County:
Ada
Area:
Boise Nw - 0800
Property Description
Our office been retained as the exclusive agents in the sale of a 2,250 square foot Flying Pie Pizzeria located on State Street in Boise, Idaho. Tenant Operating For 35 Years Absolute NNN Lease Zero Landlord Responsibility Under-Market Rent Ten Year Term with a 5% Rent Increase in Year 6 Multiple Renewal Options with 5% Rental Increases Strong Operating History Lease Guaranteed by Flying Pie With 7 Locations Tenant Self Maintains and Pays All Taxes and Insurance New Roof
Exterior Features

Construction Masonry Fenced None Land Size 10000 Sf - .49 Acre Parking Spaces 16 Roof Flat

Interior Features

Cooling Central Air Heating Forced AirGas Structure Handicap AccessOn City Bus RoutePaved Outside AreaPaved StreetGas/PropaneLighting

Property Features

Anchor Tenant1 Flying Pie Pizzeria Cap Rate Percent 4.5 Commercial Type Retail Corridor Yes Docs On File LeaseOther Existing Yes Gas Available YN Yes Highlight1 Absolute Nnn - No Landlord Responsibilities Highlight2 10 Yr Initial Term With A 5% Rent Increase in Yr 6 Highlight3 4 €€Œ 5 Year Renewal Options With 5% Rent Increases Highlight4 Tenant Operating For 35 Years In Foreclosure YN No Income Expense Info Actual Investment Property Yes Lease Type Nnn Net Lease Investment Yes Net Operating Income 54000 Occupancy Percent 100 Potential Short Sale YN No Price Rate Type Price Prop On Ground Lease YN No Property Name 10 Yr Absolute Nnn Leased Investment-Flying Pie Pizzeriaã¢Â‚¬Â€Œstate Street- No Landlord Responsibilities Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Suitable For Retail Restaurant/BarOtherFree Standing BuildingRetail PadStreet Retail Tenancy Single Terms Consider All Vac Suited For Owner User No Water City Service Years Lefton Lease 10 Zoning City-Of-Boise C-2/D

Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.


© 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2021-10-19T19:10:34.673.
 
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Build Idaho | Keller Williams Realty Boise
1065 S Allante Pl.
Boise ID, 83706
Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.