1110 N Five Mile Rd, Boise, ID 83713
Courtesy of exp Realty, LLC. Main: 208-890-7776
- $2,100,000
- 8,290
- SqFt
- List Price
- $2,100,000
- Price Change
- ▼ $100,000 1770759836
- Days on Market
- 17
- Status
- ACTIVE
- MLS#
- 98972899
- County
- Ada
- Sq. Ft
- 8290
- Parking Feature
- 21 - 50 Spaces
- Year Built
- 1997
- Acres
- 0.91
- Age
- 21 - 30 Years
Property 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.
Additional Information
- Sq. Ft
- 8290
- Garagetype
- 21 - 50 Spaces
- Roof
- Composition
- Construction
- Frame, Stucco
- Lot Features
- 1/2 - .99 Acre, Lawn Sprinklers
- Air Conditioning
- Central Air
- Heating
- Forced Air
- Water
- City Service
- Parcel Number
- S1111233955
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