Listing Courtesy of:
exp Realty, LLC
Agency Phone: 208-890-7776
SQUARE FEET8,290
MLS#98972899
STATUSActive
PROPERTY TYPECommercial - Office
Listing Courtesy of:
exp Realty, LLC
Agency Phone: 208-890-7776
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.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.91 Acres
Roof Type: Composition
Year Built: 1997
Amenities
Paved Outside Area
Feature Descriptions
Building Features: Lighting
Construction Materials: Frame, Stucco
Days on Site: 125
Exterior: Frame, Stucco
Lot: 1/2 - .99 Acre
Parcel#: S1111233955
Possible Use: Office Suitable(Medical Office, Business Park, Office Building)
Utilities: Sewer Connected
Water: City Service
Listed By / Shown By
Listed By
Agency Name: exp Realty, LLC
Agency Phone: 208-890-7776
Shown By
Agent Name: David Morgan
Agent Phone: (208) 859-5545
Agency Title: Coldwell Banker Tomlinson
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1110 N Five Mile Rd | MLS# 98972899
This commercial property located at 1110 N Five Mile Rd, Boise, ID 83713 is currently listed for sale with an asking price of $2,100,000. Search Boise real estate on dmorgan.cbboise.com today.