Exceptional Investment Opportunity | Nearly 6% Cap Rate – Boise, Idaho
Presenting a Class A office building in Boise with a strong investment profile and nearly a 6% cap rate. Recently renovated throughout (completed September), this property offers modern upgrades, functional layouts, and excellent tenant appeal.
Key Highlights:
Prime Location: Situated on Five Mile Road, a high-traffic corridor providing strong visibility and signage opportunities for tenants.
Property Features: Well-maintained landscaping, ample on-site parking, and professional curb 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.
Confidential financials, including leases and APOD, are available upon execution of a confidentiality agreement. A virtual tour link is also provided below for convenient viewing.