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OVERLAND RITE AID FOR SALE OR LEASE 5005 W Overland Rd
14,457 SF of Retail Space Available in Boise, ID 83705
Highlights
- For Sale or Lease - Negotiable Price & Rate - Terms
- Offering can include display cases, freezer-coolers, shelving and other furniture-fixtures & equipment, contact agents for details
- East of the “Flying Y”, and major retail developments
- Former Rite Aid
- Located at the busy signalized intersection of Overland Road and Orchard Street
- Contact agents to discuss negotiable sales price & lease rate, terms, potential uses, and schedule a walk-through today!
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 14,457 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Triple Net |
1st Floor
Former Rite Aid offered for sale or lease - prime redevelopment opportunity with strong retail synergy, surrounded by several local, regional, and national tenants and professional service providers - strong demographic profile.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air Conditioning
- Former Rite Aid offered for sale or lease
- Drive-Through, 2 Pylons And Building Signage Space
- Low-maintenance construction
- Strong demographic profile
- Busy signalized intersection
- East of the “Flying Y”
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5005 W Overland Rd , Boise, ID 83705
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Freestanding | Parking Ratio | 3.67/1,000 SF |
| Gross Internal Area | 14,457 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 14,457 SF |
| Year Built | 1998 |
| Parking Ratio | 3.67/1,000 SF |
About the Property
Former Rite Aid offered for sale or lease - prime redevelopment opportunity with strong retail synergy, surrounded by several local, regional, and national tenants and professional service providers - strong demographic profile. Low-maintenance construction & built in 1998, property amenities include high traffic counts, unobstructed visibility, 2 pylon signs, multiple building signage areas, on-site parking, multiple curb-cuts and access points, drive-through, shipping receiving area with over-head roll-up door, large sales floor area, managers office, restrooms, offering can include display cases, freezer-coolers, shelving and other furniture-fixtures & equipment, contact agents for details. Located at the busy signalized intersection of Overland Road and Orchard Street - two major thoroughfares servicing the Treasure Valley. East of the “Flying Y”, and major retail developments including the Century Landmark Shopping Center, Costco, the Boise Spectrum, & the Overland Park Shopping Center, adjacent to the Hillcrest Shopping Center & Golf Course. Contact agents to discuss negotiable sales price & lease rate, terms, potential uses, and schedule a walk-through today!
- Signalised Intersection
- Drive Thru
Nearby Major Retailers
Contacts
-
LeAnn Hume CCIM, CLS, CRRP -
Andrea Nilson -
Julie Kissler -
Summit Commercial Real Estate Group
Presented by
OVERLAND RITE AID FOR SALE OR LEASE | 5005 W Overland Rd
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