1110 N Five Mile Rd, Boise, ID 83713
- $2,100,000
- 8,290
- SqFt
- List Price
- $2,100,000
- Status
- ACTIVE
- Days on Market
- 226
- Price Change
- ▼ $100,000 1770759836
- MLS#
- 98972899
- Year Built
- 1997
- Living Area
- 8,290
- Lot Size
- 39,639
- Acres
- 0.91
- Building Name
- 1110 N Five Mile Rd
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.
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Additional Information
- Exterior Features
- Paved Outside Area
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Exterior Construction
- Frame, Stucco
- Roof
- Composition
- Parking Features
- 21 - 50 Spaces
Courtesy of exp Realty, LLC. Cell: 208-249-0079
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