34th & Chinden - Garden City, Idaho

3420 W Chinden Blvd, Garden City, ID 83714

1.53 Acres | $3,500,000


Located just blocks from the Water Front District, the White Water Park & Recreational Area, the Boise Greenbelt, the Farmer’s Market, the Riverside Hotel, the Connector to I84 and Downtown Boise, this property is in the heart of the up & coming Work/Live/Create (WLC) District in Garden City.​ 

The WLC District future use plan includes mixed high density residential combined with retail, entertainment, food/drink and artistic space.​ Garden City’s Comprehensive Plan speaks volumes about this area situated between the major thoroughfare of Chinden Blvd and the Boise River’s recreational opportunities, with West & East boundaries between the Connector and Veteran’s Memorial Parkway.​ This already popular area is currently undergoing Urban Renewal and is expected to grow exponentially over the next 5 years as it continues to fill in.​

Rental market trends indicate a strong rental market with high demand and low inventory delivering competitive rental rents  The WLC District is adjacent to the White Water + VMP District and Downtown Boise, both attracting high end renters desiring to be close to this area’s recreational opportunities and proximity to downtown and area conveniences.​ Rent Range: $1,925—$2,100 Rent Growth: 9-15% rent growth YOY per market trends.​ Vacancy: Last 18 month market conditions prove < 5% annual vacancy rate. Cap Rates: Average 5% in the Boise market.

Seller prefers to sell as bundle for all 5 parcels.​ Additional 6th parcel is possible to acquire adjacent (SE corner off 34th for additional 0.17 acres highlighted on map).​ 2.5% cooperative broker commission will be paid to Buyer’s Agent.​  No entitlement work has been completed.​ Concept Design for suggested uses above are being presented to the city.​ Click links for more zoning information.​




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