CapEd Credit Union
Single-Tenant Offerings
CapEd Credit Union
12195 W McMillan Road
Boise (Meridian), ID
- Price:
- $2,161,000
- Cap Rate:
- 6.00%
- NOI:
- $129,662
- Rentable SQFT:
- 3,247 SF
- Year Built:
- 1994
- Lot Size:
- 0.880 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- Rare 2.5% Annual Increases Throughout the Base Term and Options
- Corporate Guaranty by 3rd Largest Credit Union in Idaho with 11 Locations
- 18+ Year Operating History at This Proven Location
- Serving Over 247,000 Residents in Rapidly Growing Boise Suburb
- Boise is One of the Fastest-Growing Metro Areas in the U.S.
- Affluent Trade Area, Average Household Income Exceeds $123,000 in 1-Mile and $105,000 in 3 Miles
- 1-Mile to $126 Million Idaho State Chinden Campus on 197 Acres with Thousands of Employees
- Minutes to $1 Billion District at Ten Mile Development on 222 Acres, an Apartment/Business Hub Under Construction
- 1.5 Miles to Idaho’s Densest Super Regional Trade Area with 2.6+ Million SF of Retail
- Across from Centennial High School (1,931 Students), Surrounded by K-12 Schools with 23,000+ Students
- Close Proximity to Boise State University with 27,250 Students
- Draws from Treasure Valley MSA Labor Force of 337,000+ Employees
- Home to Micron Technology Campus (5,400+ Employees) and $15 Billion Semiconductor Fabrication Facility (Under Construction)
- Hard Corner Location at Signalized Intersection with 26,000+ Cars/Day
- West of the Expo Idaho Fairgrounds (1+ Million Visitors/Year) and Boise National Forest (1.5 Million Visitors/Year)
- 11 Miles to Boise Airport with Nearly 5 Million Passengers Annually and Gowen Field Air National Guard Base
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