For Sale
$5,600,000

5963 Avimor Dr Boise, ID 83714

Boise, ID: Prime Commercial Property

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a brand-new, 14,394 square foot multi-tenant office and retail building located at 5963 W. Avimor Dr., Boise, ID 83714. Situated on a 0.416-acre lot (APN R0623562080) within the rapidly growing Avimor master-planned community in Ada County, this property boasts excellent visibility and ample on-site parking. Constructed in 2023, the building features a desirable mix of local service-based tenants secured by long-term leases, generating a strong net operating income (NOI) of $359,800 and a 6.42% cap rate. The asking price is $5,600,000. Avimor's strategic location at the entrance to the community and its projected growth to approximately 8,000 homes ensures sustained demand for commercial space. The property is zoned APD, offering significant potential for future development and appreciation. This is a rare chance to acquire a high-performing asset in a thriving market. The property's strong tenant base and prime location make it an ideal investment for discerning buyers seeking stable income and long-term growth.

Highlights

  • Brand new construction.
  • Strong tenant mix of local service businesses.
  • Long-term lease agreements secured.
  • High visibility location.

Property Details for 5963 Avimor Dr

Property type
Retail properties, Office properties
Square Feet
14,394 SF
Year Built
2023
Buildings
1
Lot Size (sq. ft)
18,121 SF

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.773403021288
Longitude
-116.2653870303

FAQs

What type of property is this?
Retail property - Boise, ID: Prime Commercial Property
Where is the retail property located?
The property is located at 5963 Avimor Dr Boise, ID.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Brand new construction.; Strong tenant mix of local service businesses.; Long-term lease agreements secured.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5963 Avimor Dr
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