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Eagle Rd Office Building 4037 N Eagle Rd

5,147 SF Office Building Boise, ID 83713 $1,599,000 ($311/SF) 4.80% Cap Rate

Investment Highlights

  • Single story commercial building
  • 3 years left of an existing lease with a 5 year option to extend
  • 4.8 Cap Rate
  • Fully leased single tenant
  • 48,890 VPD per ACHD/Traffic Counts (2016)
  • Eagle Road (Highway 55) Frontage and Visibility

Executive Summary

Prime location just off Eagle Road, halfway between Ustick & McMillan west side. Frontage on Eagle Rd. & Wainwright Dr. Property building is 5,147 SF and is zoned City of Boise - (L-O/D) on .65 acres.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
5,147 SF
Building Class
B
Year Built
2007
Price
$1,599,000
Price Per SF
$311
Cap Rate
4.80%
NOI
$76,752
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,147 SF
Building FAR
0.18
Lot Size
0.65 AC
Zoning
L-OD - Limited Office
Parking
32 Spaces (3.7 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R9846840050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,149,800
  • Listing ID: 24276980

  • Date on Market: 10/12/2021

  • Last Updated:

  • Address: 4037 N Eagle Rd, Boise, ID 83713

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