1290 W Myrtle St - Office FOR SALE


Boise, ID 83702- Downtown Boise
$31,827,000 USD
208-678-6281
1290 W Myrtle St, Boise, ID for Sale
$31,827,000 USD
Office - FOR SALE
1/8
null | 7.25% Cap Rate

1290 W Myrtle St
Boise, ID 83702
Downtown Boise


HIGHLIGHTS

  • Class A Office Asset in 5-Acre Mixed-Use Development | Boise, ID
  • Strategic Location with Gateway to Downtown Boise via I-84
  • Diverse blend of national, regional, and government tenants
  • Pricing Advantage - Offered below replacement cost

OVERVIEW

AMENITIES & LOCATION ADVANTAGES * State-of-the-Art Fitness Facility: Pivot by Kristen Armstrong located on the first floor * Direct Access: Immediate connectivity to I-84 Connector * Dedicated parking in constrained market: 828 space parking structure (NAP) * Proximity: 3 blocks from Boise’s downtown core; 1 block from downtown’s newest developments, including Saratoga Apartments and the new AC/Westin Hotel * Lifestyle & Convenience: Surrounded by abundant food and beverage options BOISE MARKET RESILIENCY * Vacancy rates (~11–12%) remain far below national averages (~20%) * Asking rents continue to rise, averaging $23.84/SF FSG, with Class A commanding $25.26/SF * Limited new supply and steady absorption contrast sharply with negative absorption trends in major U.S. metros

FOR SALE DETAILS

PRICE

$31,827,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pioneer Crossing

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

841

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

C-5DD

APN/PARCEL ID

S1010223280

ASK ABOUT THIS PROPERTY

Timothy ReidCBREMore Info
208-678-6281

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Timothy ReidCBREMore Info
208-678-6281

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.