6.84% cap rate with immediate cash flow from a newly established, 100% leased tenant New construction (2025) offering modern design and low maintenance Attractive income profile with $20,250 annual base rent and lease term stability 1,350 SF versatile unit ideal for business storage, RVs, boats, and collector cars Premium build features including 18’ clear height, 14’ x 16’ roll-up doors, and climate control Secure, amenitized facility with gated access, security cameras, and clubhouse (Wi-Fi, kitchen, restrooms, shower) Strategic location in growing Meridian/Star corridor with strong regional demand drivers Proximity to future Highway 16 extension enhancing accessibility and long-term upside
| MLS # | 98982820 |
|---|---|
| Listing Type | For Sale |
| Building Name | Club Storage Condos Unit A110 - 30x45 (Building A) |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 141 |
| Listing Provided By | TOK Commercial | Mike Ballantyne |
| SQ Feet | 1,350 |
|---|
| Heating Yes / No | No |
|---|
| State | ID |
|---|---|
| County | Canyon |
| City | Nampa |
| Zip Code | 83687 |
| Area | Canyon |
| Listing VS Median (in 83687) | |
Price: $280,000 low | high Med: $499,990 sqft: 1,350 low | high Med: 2,318 $ / sqft: $207 low | high Med: $220 On site: 141 low | high Med: 39 | |
| State | ID |
|---|---|
| County | Canyon |
| City | Nampa |
| Zip Code | 83687 |
| Area | Canyon |
| Listing VS Median (in 83687) | |
Price: $280,000 low | high Med: $499,990 sqft: 1,350 low | high Med: 2,318 $ / sqft: $207 low | high Med: $220 On site: 141 low | high Med: 39 | |