1104 Cole Rd Boise, ID 83704

This exceptional Class A executive office building, located at 1104 N Cole Road in Boise, Idaho, presents a compelling owner-user opportunity. The 4,666 square foot building sits on a 0.16-acre lot and boasts prominent monument signage with excellent visibility along Cole Road, ensuring high brand recognition. Built in 1976, the property underwent a significant roof replacement in 2023, eliminating immediate maintenance concerns. The building is currently configured as a single-tenant space, but offers the potential for divisibility, allowing for an owner to occupy a portion while leasing the remainder for additional income. An owner leaseback option is also available, providing further flexibility and a steady revenue stream. The property features a Net Net Net (NNN) lease structure with a remaining lease term of five years. The asking price is $725,000, representing a price per square foot of $155 and a strong 6.50% capitalization rate based on a net operating income (NOI) of $72,000. Ample parking is provided, with a ratio of 4.6 spaces per 1,000 square feet. This West Boise location offers easy access to major transportation routes and amenities, making it an ideal choice for businesses seeking a high-profile presence in a thriving market. The property's strong financial performance, coupled with its excellent location and recent improvements, makes it an attractive investment for discerning buyers.