Ernie's Automotive | 1116 Garrity Blvd
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Ernie's Automotive 1116 Garrity Blvd
3,020 SF Retail Building Nampa, ID 83687 £631,218 (£209/SF) 11.03% Net Initial Yield
Investment Highlights
- Heavy traffic -Ideally located on Garrity Boulevard near both the Franklin and Garrity Road off ramps to Interstate 84.
- Able to expand by adding more equipment.
- High visiblility
Executive Summary
Location, Location! Commercial building w/ Turnkey Auto Repair business including great customer base is located on one of Nampa's busiest streets. With a .25 acre lot, semi-fenced yard for storage and a 3100 sqft shop that can accommodate 3 mechanic bays or 4 vehicles at a time. Customer reception and waiting area, restroom and more. Comes with all equipment listed. New roof in 2016, new HVAC in 2018, lots of other improvements, including 3-Phase power. Plenty of storage room in basement and large concrete pad in back ready for additional lift installation. 2 additional overhead doors can be easily installed. Signage on property pays 3K annually to owner. Average daily traffic count on Garrity Boulevard approximately 30,000 vehicles. Zoning is BC/Community Business District. ******Owner will carry, 75k, the business portion of purchase, not the building, which is not currently built into price******
Data Room Click Here to Access
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£69,511
|
£23.02
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £69,511 |
| Annual Per SF | £23.02 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,020 SF
Building Class
C
Year Built/Renovated
1939/2018
Price
£631,218
Price Per SF
£209
Net Initial Yield
11.03%
NOI
£69,601
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Land Acres
0.25 AC
Zoning
BC-Community Business - See attached document for BC usage
Parking
20 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
110 ft on Garrity
Amenities
- Signage
- Storage Space
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1482700000 | Improvements Assessment | £148,601 (2024) |
| Land Assessment | £75,406 (2024) | Total Assessment | £224,007 (2024) |
PROPERTY TAXES
Parcel Number
1482700000
Land Assessment
£75,406 (2024)
Improvements Assessment
£148,601 (2024)
Total Assessment
£224,007 (2024)
-
Joshua Hubert -
Silvercreek Realty Group
1 of 27
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Ernie's Automotive | 1116 Garrity Blvd
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