4355 W Emerald St - Office FOR SALE


Boise, ID 83706- Morris Hill
$5,759,000 USD
208-947-0802
4355 W Emerald St, Boise, ID for Sale
$5,759,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

4355 W Emerald St
Boise, ID 83706
Morris Hill


OVERVIEW

Emerald Square is offered for sale or lease, presenting a compelling investment or owner-user opportunity to occupy a significant portion of the 38,396-square-foot multi-tenant office building while generating income from existing in-place tenants. Currently 56% leased, the property allows a buyer to step into immediate cash flow and offset occupancy costs with rental revenue, while utilizing available suites ranging from 1,995 to 7,804 square feet. Offered at $5,759,000 ($150/SF),—well below replacement cost—the asset features clear mark-to-market potential and a defined path to NOI growth through lease-up and rental rate increases, all situated on a 2.43-acre site with R-1C zoning in Boise’s established Central Bench corridor.

FOR SALE DETAILS

PRICE

$5,759,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Emerald Square

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

166

LAND DETAILS

LAND ACRES

2.43 AC

LAND SF

105,851 SF

ZONING

R-1C

APN/PARCEL ID

R7777775514

ASK ABOUT THIS PROPERTY

Nick Schuitemaker, CCIMTOK CommercialMore Info
208-947-0802

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Nick Schuitemaker, CCIMTOK CommercialMore Info
208-947-0802

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