SKYWAY INDUSTRIAL CONDOS

| GEM O S H T A A ID T E INDUSTRIAL CONDOS FOR SALE ✴ SEC Aviation & Skyway Street, Caldwell, ID 83605 CONTENTS

SECTION 01 EXECUTIVE SUMMARY SECTION 03 INVESTMENT HIGHLIGHTS ...... 4 LOCATION FINANCIAL PRO-FORMA ...... 5 PRICING AND AVAILABILITY...... 6 LOCATION MAP ...... 12 SITE PLAN...... 7 NEARBY AMENITIES ...... 13 [ ] 3-D RENDERINGS...... 8 CALDWELL STATISTICS ...... 14

SECTION 02 DISTRIBUTION CENTERS SECTION 04 NEARBY DISTRIBUTION CENTERS . .10 DEMOGRAPHICS

QUICK STATS ...... 16 SUBMARKET ...... 17 MARKET ...... 18

SKYWAY INDUSTRIAL CONDOS | 2 SECTION 01 EXECUTIVE SUMMARY

INVESTMENT HIGHLIGHTS ...... 4 FINANCIAL PRO-FORMA ...... 5 PRICING AND AVAILABILITY ...... 6 SITE PLAN...... 7 3-D RENDERINGS...... 8 SKYWAY INDUSTRIAL CONDOS | 3 EIGHT INDUSTRIAL BUILDINGS FOR INVESTMENT HIGHLIGHTS SALE, SCHEDULED FOR COMPLETION SPRING 2021, LOCATED IN THE SKY RANCH BUSINESS PARK.

Lee & Associates is pleased to present these rare Industrial Owner User/ Investor proposed buildings for sale. Each building contains approximately 5,000 SF and is zoned Light Industrial. 18’ Clear Height ceilings that allow for easy maneuverability, restroom and vanilla shell included along with state of the art lighting package.

PRICE: $330,000 - $350,000 Per Unit AVAILABLE SF: 2,500 - 5,000 Per Building PROPERTY SIZE: 16 Units Available ZONING: Light Industrial INVESTMENT TYPE: Owner User / Investor

BUILDING TYPE: Industrial AVAILABLE SF: 40,000 CLEAR HEIGHT: 18’ ROLL UP DOORS: 16’ X 14’ TYPE: Commercial Grade Construction

PROPOSAL FOR SERVICES | 3

SKYWAY INDUSTRIAL CONDOS | 4 PROPOSAL FOR SERVICES | 3 FINANCIAL PRO-FORMA

ESTIMATED SBA FINANCING

Building SF 2,500 SF Occupied By Buyer 2,500 Sale Price $350,000

Down Payment (10%) $35,000 Total Amount Financed $315,000 Purchase Price Financed (Bank) $227,500 Purchase Price Financed (SBA) $87,500 Interest Rate (25 yr Amortization) 4%

Total Monthly P&I (Both Loans) $1,662.69

Estimated SBA Financing provided by SVP Commercial Banking Group, Financing OAC

SKYWAY INDUSTRIAL CONDOS | 5 PRICING AND AVAILABILITY

AVAILABLE UNITS PRICING

Building #1 Unit 1 $350,000 Unit 2 $345,000 Building #2 Unit 1 $345,000 Unit 2 $340,000 Building #3 Unit 1 $345,000 Unit 2 $340,000 Building #4 Unit 1 $345,000 Unit 2 $340,000 Building #5 Unit 1 $345,000 Unit 2 $340,000 Building #6 Unit 1 $340,000 Unit 2 $330,000 Building #7 Unit 1 $340,000 Unit 2 $330,000 Building #8 Unit 1 $340,000 Unit 2 $330,000

SKYWAY INDUSTRIAL CONDOS | 6 PRICING AND AVAILABILITY SITE PLAN

AVAILABLE UNITS PRICING

Building #1 Unit 1 $350,000 Unit 2 $345,000 Building #2 Unit 1 $345,000 Unit 2 $340,000 Building #3 Unit 1 $345,000 Unit 2 $340,000 Building #4 Unit 1 $345,000 Unit 2 $340,000 Building #5 Unit 1 $345,000 Unit 2 $340,000 Building #6 Unit 1 $340,000 Unit 2 $330,000 Building #7 Unit 1 $340,000 Unit 2 $330,000 Building #8 Unit 1 $340,000 Unit 2 $330,000

SKYWAY INDUSTRIAL CONDOS | 7 3-D RENDERINGS

SKYWAY INDUSTRIAL CONDOS | 8 3-D RENDERINGS

SECTION 02 DISTRIBUTION CENTERS

NEARBY DISTRIBUTION CENTERS . .10

SKYWAY INDUSTRIAL CONDOS | 9 NEARBY DISTRIBUTION CENTERS

SKYWAY INDUSTRIAL CONDOS | 10 SECTION 03 LOCATION

LOCATION MAP ...... 12 NEARBY AMENITIES ...... 13 LOCATION ...... 14

SKYWAY INDUSTRIAL CONDOS | 11 LOCATION MAP

Freeway On & Off Ramp

Fra nklin Rd.

n Way Aviatio Sk yway St.

SKYWAY INDUSTRIAL CONDOS | 12 NEARBY AMENITIES

...... Caldwell GROCERY . . Airport Grocery Outlet, . . 1.7 Miles Away Resers Fine Foods . Albertsons ...... SERVICE & . FOOD . Idaho Pizza Company, Mi OTHER . Pueblito Mexican Cafe, . . Imelda’s Coffee Casa, Sun- West Valley Medical Cen- . rise Family Restaurant ter, Primary Heath, Best . . Western, The Home Depot, . The College of Idaho, . . Flying J Travel Center, Wal . Mart Supercenter, ...... Retail & . . Entertainment . Terrace Drive-In Theatre, . Grizzly Sports, D&B Sup- . . ply, Dennis Dillon Dodge .

SKYWAY INDUSTRIAL CONDOS | 13 CALDWELL STATISTICS

MARKET HIGHLIGHTS | CALDWELL, ID

• Located 2 Miles from I-84, Highway 20/26, Highway 19, Union Pacific Railroad & The College of Idaho

• Caldwell events attract over 100,000 visitors annually 14% Less Expensive than the • In 2018, more than 200,000 square feet of industrial business moved to Sky National Average Ranch, bringing hundreds of jobs to Caldwell

• Caldwell has an established Foreign-Trade Zone 280 Less than 2 miles • 14% less expensive than the average US city from I-84

• Total crime is 20% lower than US average

• Caldwell housing is 39% lower than US average

For more information on the Treasure Valley’s Accolades, please visit: SKYWAY INDUSTRIAL CONDOS | 14 www.bvep.org www.compassidaho.org SECTION 04 DEMOGRAPHICS

QUICK STATS ...... 16 SUBMARKET ...... 17 MARKET ...... 18

SKYWAY INDUSTRIAL CONDOS | 15 QUICK STATISTICS CALDWELL, IDAHO

Availability Rate 30%

25% 84,448 20% 2019 Population

15%

10% MILES TO DOWNTOWN BOISE MILES TO I-84

5%

0% 15 16 17 18 19 20 26.7 0.5 . © 2020 CoStar Realty Information Inc. 05/05/2020 . . . “This is a unique owner user opportunity to purchase quality industri- Miles Miles . . . . al buildings in the up and coming Sky Ranch area.” . . . - Shane Jimenez

SKYWAY INDUSTRIA CONDOS | 15 SUBMARKET

DEMOGRAPHIC HIGHLIGHTS This industrial property is positioned in one of the fast- est growing industrial submarkets in the Treasure Val- ley. With a population of over 84,4489, residents, Cald- well is one of the fastest growing cities in the United States. The population has nearly doubled since 2010 and is expected to increase an additional 10.43% by 2024.

2019 POPULATION 5 MILE & INCOME RADIUS Median Income $47,672

Population 84,448

2019 POPULATION & INCOME 3 MILE RADIUS [ ] Median Income $45,423 1 MILE Population RADIUS 56,200

2019 POPULATION & INCOME Median Income $50,968

Population 899

SKYWAY INDUSTRIAL CONDOS | 16 | GEM O S H T A A MARKET ID T E

✴

Caldwell, Idaho Area

AREA SUMMARY IN THE NEWS Caldwell is the county seat of Canyon County Estimated Economic Impact Projections for the newly and a growing part of the Boise Metropolitan finished Indian Creek Plaza are 330,000 Patrons and a $2.7 area. Located on the Boise River and Interstate Million Economic Impact to the Caldwell Community in 84, Caldwell lies approximately 30 miles west of the first year of operation. More information on this project Boise, towards the Snake River. It is roughly 20 can be found at www.destinationcaldwell.com. minutes north of Lake Lowell and the Deer Flat 26.7 Miles National Wildlife Refuge and is considered a 29 Minutes gateway to the Snake River Recreation Area. It From Downtown is home to the College of Idaho and becoming ✴ known as a prominent wine-growing region in addition to hosting many outdoor recreational 26 Miles opportunities. 27 Minutes From Airport Caldwell is increasingly desirable as a business center, citing ease of establishing a business, a highly motivated workforce, and a Pro-business city administration. growth and development through job retention and creation by providing incentives for companies to establish or expand operations. For more information visit www. cityofcaldwell.com. SKYWAY INDUSTRIAL CONDOS | 17 CONTACT INFO

Shane Jimenez Principal | CFO

O 208.343.2300 C 208.602.4500 F 208.389.2088 [email protected] leeidaho.com 802 W. Bannock Street, 12th Floor Boise, ID 83702

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, ommissions, change of price, rental or other conditions prior to sale, lease or financing or withdraw- al without notice. No liability of any kind is to be immposed on the broker herein.

SKYWAYPROPOSAL INDUSTRIAL FOR SERVICES CONDOS | 24| 18