KeyBank Absolute NNN Lease Bank Nampa Idaho

Investment Offering

Tenant: KeyBank | Nampa, ID
Premises: 4,000 SF
Renewal Options: 1 x 5 Year

Lease Expiration: 8/31/2023
Lease Type: Absolute NNN
Rental Increases: 12% at Option

We Are Pleased to Exclusively Offer For Sale the Absolute NNN Lease Bank Investment Opportunity Located at 1020 Caldwell Blvd & 1714 Midland Blvd in Nampa, Idaho.

KeyBank Recently Invested Heavily in Brand New Signage and Lighting For Both the Branch and Drive-Thru, Showing a Commitment to the Site
The Property is an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
The Boise City MSA Was the Fastest Growing City in the U.S. During 2018 (Forbes), With an Estimated Continued Growth of 10% Over the Next Five Years
This is a Rare Offering of Both a Stable Bank Investment in Addition to a Vacant Lot Value-Add Opportunity
Boise-Nampa MSA Ranks as the 5th Best Overall Performing Medium Metro in the Country (HeadlightData)
KeyBank Recently Consolidated the Nearest Branch Into the Caldwell Location, Signaling Dedication to the Location
The Branch is Strategically Located on a Hard Signalized Corner, Just South of the Main Retail Corridor
Well Placed Ingress and Egress to the Pad Site
Neighboring Tenants Include: Dairy Queen, Starbucks, Goodwill, Target, Ross, Taco Bell, Lowe’s, Wendy’s and Much More

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Tenant Overview

KeyCorp's (NYSE: KEY) roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $141.5 billion at March 31, 2019. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of over 1,100 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC. KeyBank has been recognized for their efforts from their employees and the entire organization, some awards include: A perfect 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index (11 times); Best Place to Work for LGBT Equality by the HRC (11 times); Top 10 Company for Supplier Diversity by DiversityInc (6 times); Top Regional Company by DiversityInc (3 times); Top Company for Diversity Councils by DiversityInc (4 times); Top 10 Company for Progress by DiversityInc (2 times); Outstanding ratings for lending under the Community Reinvestment Act (8 times).

Area Overview