6850 Fairview AveBoise, ID 83704

For Sale
$3,590,000
High-traffic corner, national tenant.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial investment opportunity presents a remodeled Class B office building situated on a high-traffic corner lot in Boise, Idaho. The property, located at 6850 Fairview Ave, boasts a total of 12,043 square feet and features a national anchor tenant, Enterprise Rent-A-Car, under a net lease agreement. The building includes a recently constructed 1,640 square foot rental car wash bay. The property is comprised of three separate tax lots, providing multiple curb cuts and ample parking for tenants and customers. The main office building offers an inviting open lobby with vaulted high ceilings and abundant natural light. Currently, there is 4,876 square feet of leasable space available in the lower level. The asking price is $3,590,000, representing a price per square foot of $298.10 and a 6.50% cap rate, with a net operating income (NOI) of $233,298. The property is zoned C-2D. This is a rare opportunity to acquire a well-located, income-producing asset with a strong tenant in a thriving market. Financial details are available upon request.

Highlights

  • Financial proforma available upon request and signed NDA.

Property Details for 6850 Fairview Ave

Property type
Office properties
Square Feet
12,043 SF
Class
B

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.619470772145
Longitude
-116.26667086444
6850 Fairview Ave, Boise, Idaho

FAQs

What type of property is this?
Office property - High-traffic corner, national tenant.
Where is the office property located?
The property is located at 6850 Fairview Ave Boise, ID.
What is the asking price?
The asking price for this property is $3,590,000.
What are key features of this property?
This property features: Financial proforma available upon request and signed NDA.; ;
How can I contact the broker?
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6850 Fairview Ave
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