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.
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0BEDS
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0.91ACRES
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0BATHS
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01/2 BATHS
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8,290SQFT
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$253$/SQFT
School Ratings & Info
Courtesy of exp Realty, LLC at 208-890-7776.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.
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