Restore Hyper Wellness Expands to Bown Crossing, Their Second Treasure Valley Location in 2020

Submitted by Anonymous (not verified) on Fri, 12/04/2020 - 09:12
Restore Invests in Second Location at 3046 Bown Way

The Situation: Seeking a Second Location for Restore

  • Restore, a hyper wellness company offering services such as IV Drip Therapy, Cryotherapy and Hyperbaric Oxygen Therapy, recently opened their first Treasure Valley location at The Village at Meridian.
  • With a strong first location opening, the owner of Restore Meridian was looking to expand their storefronts in Boise.
  • In search of leasable space in a highly frequented area, the owner sought out JP’s expertise in the fitness and retail industry.  

Our Response: Leading Knowledge in a Low Vacancy Market

  • After identifying the owner’s desires in a second location, JP offered an exhaustive search of the downtown market.  The results fell short in producing many viable options to fit Restore’s needs in the low vacancy submarket.
  • JP quickly pivoted his search to Bown Crossing, an energetic retail corridor for the rapidly growing neighborhoods of Southeast Boise.
  • With his knowledge of the market, JP presented the owner with an opportunity to purchase a property with prime Bown Crossing exposure, just minutes from the downtown core, with ample foot traffic.

The Results: Cost Savings & Added Income for the Client

  • The owner found the property, at 3046 Bown Way, to be an excellent fit. The property offered Restore ample space for their street-level retail storefront while providing additional second floor space, which has given the owner opportunity for added income through leasing out the additional space to an office user. 
  • JP skillfully negotiated an aggressive offer, awarding his client a lower purchase price than originally listed.
  • JP is now working to secure a third location for Restore Hyper Wellness.

Client Recommendation:

“While looking for a retail space for lease JP encouraged us to think outside the box and helped us envision converting an office building into a top retail/medical space.  He helped us think of this as not just a location for our business but as a long term investment in a booming market.

JP and TOK Commercial were a valuable resource!  Their market knowledge and industry connections were integral in helping us select our second location.“

Tim Jolicoeur, Owner |  Restore Hyper Wellness 

For assistance in site selection contact Retail Tenant Agent,  JP Green

Five Locations to Serve You

Boise Office
250 S 5th Street, 2nd Floor
Boise, Idaho 83702
Main Phone: 208.378.4600

Nampa Office
16150 N. High Desert Street, Suite 200
Nampa, Idaho 83687
Main Phone: 208.378.4600

Twin Falls Office
195 River Vista Place, Suite 204
Twin Falls, Idaho 83301
Main Phone: 208.944.9694

Idaho Falls Office
1135 Pier View Drive, Suite 120
Idaho Falls, Idaho 83402
Main Phone: 208.227.8148

Coeur d'Alene Office
3322 N. Grand Mill Lane
Coeur d'Alene, Idaho 83814
Main Phone: 208.449.1908