COMMERCIAL DEVELOPMENT LAND I-84 & CHERRY LANE TBD Cherry Lane | Nampa, ID

JAKE TUCKER 208 472 2846 [email protected]

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Overview

Profile Highlights »» Utilities at or near site Address: TBD Cherry Lane, Nampa »» 2,000 feet of frontage on Interstate 84, more than 55,000 vehicles pass by the property each day »» 1/2 mile to Midland Boulevard Land Size: 26.2 Acres (2 parcels) »» Next to 63 Acres owned by Saint Alphonsus »» Within Nampa TIF district R3097400000 — 20.49 Acres »» Future general commercial zoning Parcels: R3097300000 — 5.72 Acres »» Easy access to I-84, on/off ramp is only 1 mile away Zoning: Agriculture, Canyon County

General Commercial Future Zoning: (2018 Future Use) Development Resources City Government: https://www.cityofnampa.us/ Asking Price: $2,000,000 | $1.75 psf Planning & Zoning: https://www.cityofnampa.us/255/Planning-Zoning Economic Development: https://www.cityofnampa.us/858/Economic-Development Utilities: https://www.cityofnampa.us/directory.aspx?eid=35 http://www.pioneerirrigation.com/

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Location

SITE

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Demographics

Site 1 Mile 3 Miles 5 Miles 10 Min Drive POPULATION 2018 Estimated Population 3,582 44,504 126,859 166,978 2023 Projected Population 4,062 50,554 144,264 189,855 2010 Census Population 2,573 36,093 104,195 141,129 Historical Annual Growth ‘00-‘18 11.0% 7.1% 4.9% 4.2%

HOUSEHOLD 2018 Estimated Households 1,247 15,200 43,210 57,433 2023 Projected Households 1,347 16,437 46,890 62,292 2010 Census Households 890 12,132 34,846 47,631 Historical Annual Growth ‘00-‘18 10.8% 6.5% 4.6% 4.1%

INCOME 2018 Est. Average HH Income $70,627 $55,858 $53,314 $54,639 2018 Est. Median HH Income $51,128 $48,307 $47,265 $48,384

MISC. 2010 Median Home Value * $159,842 $141,074 $147,729 $152,497 2010 Median Rent $698 $721 $683 $688 2018 Est. Median Age 29.6 31.6 31.5 32.2 2010 Average Travel Time to Work 21.0 20.7 20.7 20.9 2018 Est. Labor Population Age 16+ 2,662 32,576 94,261 124,498 2018 Est. Total HH Expenditure $69.2 M $716 M $1.97 B $2.66 B

* The Wall Street Journal recently reported in April 2018 that the median price of a single-family home in the Boise area has doubled from $147,000 in 2011 to $297,000 in 2018.

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Land Use

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Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Area Overview — Nampa

Nampa is Idaho’s 3rd largest city and the western anchor of the Treasure Valley where nearly half of Idahoans reside. Nampa’s undeniable quality of life, affordability and urban proximity make it one of the most desirable places to live in the West.

Find more Treasure Valley accolades at: https://www.bvep.org/lifestyle/national-accolades

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Area Overview

Quality of Life What about logistics? Referred to as the “Treasure Valley”, the region is home to about 675,000 There are 50 motor freight people. The workforce of roughly 330,000, live within a 45-minute draw companies traveling 5 area. Known for its extraordinary quality of life and affordable cost of living interstates, 20 U.S. highways (currently one of the lowest in the western states, according to the ACCRA and 30 state highways that Cost of Living Index), the Valley is consistently ranked by Forbes, The Wall serve the Boise Valley. More Street Journal, Livability and Inc. Magazine as one of the best places in the than 1,600 miles of rail line U.S. to live and work. through Union Pacific and Burlington Northern Santa Fe Commuting in the Valley provide connection points to The major interstate serving the Treasure Valley is I-84, running through the Canada, Mexico and the U.S. metro area’s major cities (Boise, Meridian, Nampa and Caldwell). Branching They are aided by the state’s off to the northeast is I-184, which runs into downtown Boise. Daily commutes regional line and 6 short line are easy, with several U.S. and state highways providing direct routes railroads. Annually, the rail and minimal traffic. The average commute time is only 18 minutes. Public system transports over 11 transportation is handled by ValleyRide, Treasure Valley Transit and ACHD million tons of freight. Commuteride.

Recreation The Boise River runs through downtown and is accessible through a greenbelt system with over 25 miles of bike paths and 850 acres of parks. Up in Foothills you’ll find more than 135 miles of nationally acclaimed hiking and mountain biking trails that extend from the city up to Bogus Basin Ski Area. Only 17 miles from the city center Bogus Basin offers winter skiing and summer adventure. With world-class golf courses, hiking, fishing and mountain biking, the recreation opportunities are virtually unlimited within a 30-minute drive.

Diversity The City of Boise has been recognized for its work welcoming over 800 new citizens (refugees) each year from over 20 foreign countries. Annual diversity events and resources include PRIDE activities, The Basque Cultural Center, Hispanic Cultural Center and the Black History Museum. More than 90 different languages are spoken in the Boise School District and the Mexican Consulate also has an office in Boise.

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Canyon County Development Resources

Nampa City Government: https://www.cityofnampa.us/

Planning & Zoning: https://www.cityofnampa.us/255/Planning-Zoning

Economic Development: https://www.cityofnampa.us/858/Economic-Development

Utilities: https://www.cityofnampa.us/directory.aspx?eid=35 http://www.pioneerirrigation.com/

Caldwell City Government: https://www.cityofcaldwell.org/

Planning & Zoning: https://www.cityofcaldwell.org/departments/planning-and-zoning

Economic Development: https://www.cityofcaldwell.org/departments/economic-development

Utilities: https://www.cityofcaldwell.org/departments/irrigation

Canyon County County Government: https://www.canyonco.org/

Planning & Zoning: https://www.canyonco.org/elected-officials/commissioners/development-services/de- velopment-services-forms/

Economic Development: http://westernallianceed.org/

Property Assessment & Recording: http://id-canyon-assessor.governmaxa.com/propertymax/rover30.asp https://www.canyonco.org/elected-officials/clerk/recorder/

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 INTERSTATE 84 & CHERRY LANE Area Overview

IDAHO TAX OVERVIEW Sales and Use Tax in Idaho is 6%. This would apply to items purchased or consumed in Idaho. Exemptions are available for CORPORATE equipment and raw materials used directly in manufacturing, MINIMUM INCOME TAX processing, or fabrication; clean rooms used in semiconductor and 7% $7.25/hr WAGE semiconductor equipment manufacturing; and any equipment or material used in research and development activities. SALES & USE TAX We do not tax services including telecommunication services, and 6% utilities such as water, gas, electricity, or natural gas. In our region we do not have any local option sales tax. STATE UNEMPLOYMENT INSURANCE RATE Property Tax personal (machinery/equipment) and real (land/ 1.91% buildings) – based on market value. 2018 Average Rates: Ada County: 1.1% - 1.8% 1.6%-7.8% Bannock County: 0.8 - 1.2% PERSONAL INCOME TAX Bonneville County: 0.77% #2 BEST RATE RANGE Canyon County: 1.5% - 2.5% Rate range on a bracketed Elmore County: 1.8% STATE system based on income levels Twin Falls Count: 0.82% Property tax rate (2013 Tax Foundation Study) Idaho does not have an inventory tax. Corporate Income Tax – Computed at 7.4% of the Idaho taxable income of a corporation. Corporations that are taxable in Idaho PROPERTY and another state or country or are part of a unitary group of UNION MEMBERSHIP corporations, use a 3 factor formula to ascertain how much of the EXEMPTION business is conducted in Idaho. The apportionment formula is made 7.1% (NAT’L AVG: 11.9%) First $100,000 of personal up of a property factor, a payroll factor, and a sales factor. These property is exempt from taxation three factors, with the sales factor being double weighted for all taxpayers except for electrical and telephone companies, are totaled IDAHO IS A and divided by 4 to compute the Idaho apportionment factor. The Idaho apportionment factor is then applied to the business income of right to work the corporation to compute income assigned to Idaho. Non-business STATE income allocable to Idaho is added to the income apportioned to Idaho to arrive at Idaho taxable income.

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000 I-84 & CHERRY LANE TBD Cherry Lane — Nampa, Idaho

JAKE TUCKER 208 472 2846 [email protected]

Colliers International Idaho | 755 West Front Street, Suite 300 Boise, Idaho 83702 | www.colliers.com/idaho | 208 345 9000