5963 Avimor DrBoise, ID 83714

Property Details for 5963 Avimor Dr

Year built

2023

Lot size

0.42 AC

Property size (Sq ft)

14,394 SF

Property type

Office properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Boise

County

Ada

State

Idaho

Latitude

43.7734

Longitude

-116.265

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