New Black Rock Coffee Bar

FOR SALE

New Black Rock Coffee Bar

7901 West Fairview Avenue, Boise, Idaho 83704

ABSOLUTE NNN INVESTMENT

Property Highlights

Sale Price

$1,371,428.57

Cap Rate 5.25%

NOI $72,000

Primary Term

12 Years

Annual Increases

2% Bumps

Renewal Options

2 - 5 Year Options

Lease Expiration

2029

Building Size 600 SF

Lot Size

0.41 AC/ 17,860 SF

Status

Open & Operating Since September

Listing Features

? Newly Constructed Black Rock Coffee Located East of the Intersection of North Milwaukee St. and West Fairview Ave. which Provides Easy Access to the Surrounding Areas

? Black Rock - Fairview Provides the Opportunity for an Investor to Acquire a Newly Constructed Building while Achieving Stable Cash-Flow Backed by a New 12-Year Lease with Two Five Year Renewal Options

? The Property is Currently Open and Operating

? Surrounding Tenants Include Shopko, Key Bank, McDonald's, Taco Time, Walgreens, Dollar Tree & WinCo

? High Traffic Counts - 30,000 ADT & Good Demographics

CLICK HERE DOWNLOAD, EXECUTE & RETURN CONFIDENTIALITY AGREEMENT TO RECEIVE OFFERING MEMORANDUM

LeAnn Hume, CCIM, CLS Senior Director Retail / Investment Specialist +1 208 287 8436 leann.hume@

Andrea Nilson Senior Director Retail / Investment Specialist +1 208 287 8439 andrea.nilson@

Sara Shropshire Senior Associate Retail / Investment Specialist +1 208 287 9494 sara.shropshire@

398 South 9th Street, Ste 260

Boise, Idaho 83702

Main +1 208 287 9500

Fax

+1 208 287 9501



Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

FOR SALE

New Black Rock Coffee Bar

7901 West Fairview Avenue, Boise, Idaho 83704

DEMOGRAPHICS

1 MILE 3 MILE 5 MILE

POPULATION

2017 Estimated Population

14,566

107,440

235,309

2022 Projected Population

15,662

114,360

253,035

HOUSEHOLDS

2017 Estimated Households

6,473

43,866

95,444

2022 Projected Households

6,957

46,715

102,575

2017 Est. Average HH Income $50,937

$59,683

$69,467

2022 Est. Average HH Income $55,509

$65,370

$77,051

BUSINESSES / EMPLOYEES

Total Businesses

1,060

5,607

12,014

Total Employees

18,308

76,316

173,858

SOURCE: U.S. BUREAU OF THE CENSUS, 2010 CENSUS OF POPULATION AND HOUSING. ESRI FORECASTS FOR 2017 AND 2022. ESRI CONVERTED CENSUS 2000 DATA INTO 2010 GEOGRAPHY

MILWAUKEE ST - 13,000 ADT

23,000 ADT

35 34,000 ADT

IOU Sushi

35

FAIRVIEW AVE - 30,000 ADT

SITE

30

Average Daily Traffic (ADT) courtesy of Idaho Department of Transportation.

LeAnn Hume, CCIM, CLS

Andrea Nilson

FSeaniiorrvDiierewctoAr ve. & MilwauSekneioer DSiretctor

BR+1eot2ai0isl8/e2I,n8v7Ied8st4am3he6not Specialist

Retail / Investment Specialist +1 208 287 8439

leann.hume@

andrea.nilson@

Sara Shropshire Senior Associate Retail / Investment Specialist +1 208 287 9494 sara.shropshire@

398 South 9th Street, Ste 260

Boise, Idaho 83702

Main +1 208 287 9500

Fax

+1 208 287 9501



Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

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