- 4924 West Overland Road, Boise, Idaho, is a 13,792 sq.ft. retail/commercial building on 1.19 acres just 1 mile north of the South Orchard Street offramp Interstate 84.
- The building is currently 100% leased to Walgreens. Walgreens Boots Alliance (NYSE: WBA) is the first global pharmacy-led, health and wellbeing enterprise with the company’s heritage dating back more than 100 years. Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the U.S. and Europe. WBA and the companies in which it has equity method investments together have a presence in more than 25 countries, employs more than 385,000 people, has more than 13,200 stores in 11 countries and one of the largest global pharmaceutical wholesale and distribution networks. The company did $118 billion in sales/revenue in 2017.
- The property is strategically located at the hard corner of West Overland Road and South Orchard Street with a traffic count of 42,314 vehicles per day and dedicated curb cuts on both West Overland Road and South Orchard Street.
- The building is a seasoned location with Walgreens operating at the site for 19+ years.
- The retail trade area in which the property is located benefits from the concentration of many national brand name tenants such as Rite Aid, Burger King, Jiffy Lube, US Bank, Family Dollar, Planet Fitness and Wendy’s to name a few.
- The property also benefits from a population demographic of 82,359 within a 3-mile radius and 205,138 within a 5-mile radius. The Boise airport is 2.5 miles to the South.
- The building was built in 2000.
- The property is served by 50 parking spaces.
- Boise is the capital of Idaho, its largest city and the state’s cultural center. It is also Idaho’s fastest growing city with an 81.5% increase in population since 2000. Boise attractive downtown is framed by mountains to the northeast and irrigated agricultural plains to the west. The economy is a diverse blend of agriculture, agricultural processing, light manufacturing and high-tech industries, including Micron Technology (semiconductors), Hewlett-Packard and J.R. Simplot. The presence of state government rounds out the economic picture. Due to the city’s high inbound migration, the area is experiencing an economic boom which has spurred growth in real estate construction and service business industries.
- For more information, please contact
David Marks
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
davidmarks@towerinv.com
www.towerinv.com
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