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6.73% CAP NNN Investment Garden City 104-108 W 31st St 13,113 SF Flex Building Garden City, ID 83714 $2,500,000 ($190.65/SF) 6.73% Cap Rate

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Investment Highlights

  • Excellent turnkey NNN Investment in the heart of Garden City with 7 units
  • Located one block off Chinden Boulevard with 34,000+ VPD
  • Beautifully renovated and maintained property with excellent lease history
  • Highly versatile mixed use building with blended retail, office and warehouse & fenced yard
  • Well-connected location next to I-84 Connector on ramp. Less than 5 minutes from Downtown Boise

Executive Summary

Property Investment Idaho is pleased to present The Art Block, an exceptional investment opportunity in Garden City, Idaho. This completely renovated mixed-use property, formerly housing two tenants, now offers seven versatile units seamlessly blending retail, office, and warehouse spaces. Positioned off Chinden Boulevard with 37,500 VPD, The Art Block boasts prime accessibility to Downtown Boise and the I- 84 connector, appealing to a diverse range of tenants. Under market rent provide attractive upside potential. The Art Block stands as a solid investment choice in this high-demand location. Please do not disturb tenants. Call agent to schedule showing.

Data Room Click Here to Access

Property Facts

Price $2,500,000
Price Per SF $190.65
Sale Type Investment or Owner User
Cap Rate 6.73%
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
  • FlexLight Distribution
Building Class B
Lot Size 0.35 AC
Rentable Building Area 13,113 SF
No. Stories 2
Year Built 1989
Parking Ratio 0.99/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning C-2 - C-2 Zoning allows for all permitted uses in C-1 as well as C-2. Light manufacturing, retail, office

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Yard
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • 8-bit Barber
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • BTG Distribution
  • Wholesaler
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Colvita Creative
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Kindness Ai
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Little Studio Collective
  • -
  • 99,999 SF
  • -
  • -
  • -
  • The Studio
  • -
  • 99,999 SF
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
8-bit Barber - 99,999 SF - Lorem Ipsum Jan 0000
BTG Distribution Wholesaler 99,999 SF $9.99 Lorem Ipsum Jan 0000
Colvita Creative - 99,999 SF - Lorem Ipsum Jan 0000
Kindness Ai Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Little Studio Collective - 99,999 SF - - -
The Studio - 99,999 SF - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 108
  • 3,905 SF
  • Flex
  • Partial Build-Out
  • May 2026

Available May 2026, Suite 108 offers a rare blend of modern office and heated warehouse space. This 3,905 sqft true flex space features 1,560 sqft open office area, one ADA restroom, and a dedicated break room for a kitchenette and sink. The adjoining 2,345 sqft warehouse includes a 10' x 10' overhead door, providing seamless access to the shared yard for efficient deliveries. Ideal for businesses seeking a dynamic, adaptable headquarters. • Base rent of $13/psf includes following buildout: Vanilla shell, 1 ADA bathroom, mechanical closet, rough-in for kitchenette with sink, open office layout, heated warehouse with 10x10 overhead door, new LED lights, flooring allowance in office • Additional TI negotiable • 10x10 Overhead Door • Fully fenced share yard with alley access

Space Size Space Use Condition Available
1st Fl - 108 3,905 SF Flex Partial Build-Out May 2026

1st Fl - 108

Size
3,905 SF
Space Use
Flex
Condition
Partial Build-Out
Available
May 2026

1st Fl - 108

Size 3,905 SF
Space Use Flex
Condition Partial Build-Out
Available May 2026

Available May 2026, Suite 108 offers a rare blend of modern office and heated warehouse space. This 3,905 sqft true flex space features 1,560 sqft open office area, one ADA restroom, and a dedicated break room for a kitchenette and sink. The adjoining 2,345 sqft warehouse includes a 10' x 10' overhead door, providing seamless access to the shared yard for efficient deliveries. Ideal for businesses seeking a dynamic, adaptable headquarters. • Base rent of $13/psf includes following buildout: Vanilla shell, 1 ADA bathroom, mechanical closet, rough-in for kitchenette with sink, open office layout, heated warehouse with 10x10 overhead door, new LED lights, flooring allowance in office • Additional TI negotiable • 10x10 Overhead Door • Fully fenced share yard with alley access

Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R2734530597
  • R2734530587
  • R2734530592
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,043,700
  • Listing ID: 37939034

  • Date on Market: 10/3/2025

  • Last Updated:

  • Address: 104-108 W 31st St, Garden City, ID 83714

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