3501 Elder St Boise, ID 83705

This exceptional Class A office building in Boise, Idaho, presents a compelling investment opportunity. The 51,264 square foot property boasts 100% occupancy with five tenants, generating a strong net operating income (NOI) of $420,279 and a 6.00% capitalization rate. Built in 2006 and renovated in 2018, the building features ample on-site parking, including 20 covered basement spaces, and basement storage. Situated on a 2.902-acre lot at 3501 West Elder Street, Boise, ID 83705, this property enjoys prime freeway exposure along Interstate 84, near the Boise Airport, hotels, restaurants, and other amenities. The building is zoned City of Boise-L-OD and offers key fob access with secured underground parking. A recent lease of 27,279 square feet for a ten-year term, including $600,000 in tenant improvements, further solidifies the property's strong financial performance. The asking price is $7,000,000 ($124 per square foot). The property is suitable for various office uses, including creative, medical, and traditional office spaces. This is a rare opportunity to acquire a high-performing, fully occupied office building in a desirable Boise location.