Exceptional Investment Opportunity | Above 6% Cap Rate – Boise, Idaho Presenting a Class A office building in Boise with a strong investment profile and nearly a 6% 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.
- Heating:
- Forced Air
- Cooling:
- Central air
- Parking:
- 21 - 50 spaces
- Country:
- US
- State:
- ID
- County:
- Ada
- City:
- Boise
- Zipcode:
- 83713
- Street:
- 1110 N Five Mile Rd
- Longitude:
- W117° 41' 10.8''
- Latitude:
- N43° 36' 54.3''
- Status:
- New
- Type:
- Office
- Taxes:
- $6
- Potential Short Sale:
- No
- Age:
- 21 - 30 Years
- In Foreclosure:
- No
- Land Size:
- 1/2 - .99 Acre
- Structure Features:
- Paved street, Paved outside area, Lawn sprinklers, Lighting
- Construction:
- Frame, Stucco
- Roof:
- Composition shingle
- Water:
- City service
Business/Commercial For Sale
1110 N Five Mile Rd, Boise, Idaho 83713
- Property Type :
- Business/Commercial
- Listing Type :
- For Sale
- Status :
- Active
- Listing ID :
- 98972899
- Price :
- $2,200,000
- Apx SqFt :
- 8,290 SqFt
- Year Built :
- 1997
- Lot Area :
- 0.91 Acres
- Days on Market :
- 1
- Update Date :
- 01/27/2026 19:46:31