13013 W Persimmon Ln - Office FOR SALE


Boise, ID 83713- West Valley
$2,343,000 USD
208-371-1607
13013 W Persimmon Ln, Boise, ID for Sale
$2,343,000 USD
Office - FOR SALE
1/23
null | 5.9% Cap Rate

13013 W Persimmon Ln
Boise, ID 83713
West Valley


HIGHLIGHTS

  • New 10-Year NNN Lease
  • 100% Occupied Single-Tenant Investment
  • Three (3) Five-Year Renewal Options
  • Strong Residential Demographics
  • Essential-Service Real Estate
  • Mission-Critical Childcare Facility

OVERVIEW

Boise Kid Co. presents the opportunity to acquire a single-tenant net leased childcare investment located within the Boise Metropolitan Area. The property consists of a 5,280 SF purpose-built childcare facility leased under a new 10-year NNN lease with annual 2.0% rental escalations and three (3) five-year renewal options. The property generates $138,276 in annual rental income and is offered at $2,343,000, representing a 5.90% in-place cap rate and approximately 6.02% forward cap rate following the first contractual rent increase. The tenant is responsible for taxes, insurance, maintenance, and operating expenses, providing investors with a passive ownership structure and predictable long-term cash flow. The facility serves as a mission-critical operating location and benefits from strong surrounding demographics, continued residential growth, and increasing demand for childcare services throughout the Boise market. Located near the intersection of W McMillan Road and N Cloverdale Road, the property is strategically positioned within one of the region's fastest-growing residential corridors. This offering is well suited for 1031 exchange buyers and net lease investors seeking stable income, contractual rent growth, and long-term occupancy within a growing market.

FOR SALE DETAILS

PRICE

$2,343,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

ZC-268

APN/PARCEL ID

R8192260110

ASK ABOUT THIS PROPERTY

Matt BauscherBauscher Real EstateMore Info
208-371-1607

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Matt BauscherBauscher Real EstateMore Info
208-371-1607

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