For Sale
$3,528,900

8665 Emerald StBoise, ID 83704

17,958 SF, 100% Occupied, 6.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 17,958-square-foot, Class A, multi-tenant office building situated in Boise's vibrant Emerald Tech corridor. The property, constructed in 1989 and boasting a new roof (2022) and HVAC systems, is currently 100% occupied by two tenants: Intermountain Claims and Adler Industrial, under a gross lease. Strategically located on 1.418 acres (APN R9316280200) at 8665 W Emerald St, Boise, ID 83704, this single-story building benefits from its prime position near major thoroughfares including Maple Grove Road, Cole Road, Emerald Street, and Franklin Road, providing easy access to Interstate 84/184 via Milwaukee Street near the "Flying Y" interchange. Just five minutes from Downtown Boise, the property enjoys convenient access to the entire Treasure Valley. The building features ample on-site parking, a low-maintenance wood frame with stucco exterior, and a comprehensive fire sprinkler/suppression system. Zoned M-1D (limited industrial), this well-maintained property is part of a larger, professionally designed office park, offering a strong investment with a 6.50% cap rate and an asking price of $3,528,900. The property's strong tenant base and desirable location make it an attractive investment prospect.

Highlights

  • $3,528,900 asking price for a 17,958 SF multi-tenant office building.
  • Located in Boise's Emerald Tech corridor, near Maple Grove, Cole, Emerald, and Franklin Roads.
  • Convenient access to I-84/184 via Milwaukee Street near the "Flying Y" interchange.
  • Five-minute drive to Downtown Boise.
  • Easy access throughout the Treasure Valley.
  • Part of a well-maintained professional office park.

Property Details for 8665 Emerald St

Property type
Office properties, Office space
Square Feet
17,958 SF
Class
A
Year Built
1989
Buildings
1
Stories
1
Lot Size (sq. ft)
61,768 SF

Location Insight

City
Boise
County
Ada
State
Idaho
Latitude
43.611098524644
Longitude
-116.28997286282
8665 Emerald St, Boise, Idaho

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8665 Emerald St
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