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    4320 W State Street

    Boise, ID 83703
    • $1,200,000
    • STATUS: Active
    • ON SITE: 95 days
    • MLS #: 98793043
    UPDATED: 26 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

    Monthly Payment Calculator



    © 2021 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Hessing Group Real Estate | Silvercreek Realty Group 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 2021-05-16T07:10:44.07.
    www.hessinggroup.com/homes/114076469
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    4320 W State Street Boise, ID 83703

    • Price: $1,200,000
    • Status: Active
    • Updated: 26 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 Hessing Group Real Estate | Silvercreek Realty Group 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 2021-05-16T07:10:44.07.
     
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    Hessing Group Real Estate | Silvercreek Realty Group
    1099 S. Wells St.
    Meridian ID, 83642
    Courtesy of Cushman & Wakefield Pacific Commercial Realty Advisors.