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Listed by Enoch Worth • exp Realty, LLC
$2,100,000
Est. payment /mo
8,290 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 8,290 sqft
Price per Sqft $253
MLS Listing ID 98972899
HOA Y/N No
Year Built 1997
Lot Size 0.910 Acres
Acres 0.91
Source IMLS 2
Property Description
Exceptional Investment Opportunity | Above 6% Cap Rate – Boise, Idaho Presenting a Class A office building in Boise with a strong investment profile and a 6.36% cap rate. Recently renovated throughout (completed September), this property offers modern upgrades, functional layouts, and excellent tenant appeal. Tenant Mix: Currently leased to six tenants, including a primary anchor tenant who occupies the majority of the building and carries significant CAM charges. Leasing Stability: Two additional full office suites on the west side feature newly executed long-term leases. Smaller office tenants in the main building are on short-term agreements (month-to-month or 6-month leases), with minimal risk of income disruption as the anchor tenant has expressed interest in absorbing any vacated space.
Location
State ID
County Ada
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Exterior Feature Paved Outside Area
Utilities Available Sewer Connected
Roof Type Composition
Street Surface Paved
Building
Lot Description 1/2 - .99 Acre, Lawn Sprinklers
Building Description Frame,Stucco, Lighting
Water City Service
Structure Type Frame,Stucco
New Construction No
Others
Senior Community No
Tax ID S1111233955
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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