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1111 S Broadway Ave
Boise, ID 83706
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Property Type | Retail, Office, Medical
- Offer Price | $3,074,500 ($350 PSF)
- Parking | 5.1/1,000 SF
- CAP | 6.5%
EXECUTIVE SUMMARY
QUALITY PROPERTY
• Newly remodeled interior and exterior
• Abundant building and monument signage
• Join top tenants – Tropical Smoothie Café, Exten Hydration, Rehab Authority
CONVENIENCE
• Corner location with multiple ingress/egress options
• Prominent Broadway frontage
• Walking distance to Boise River and Greenbelt
• Abundant Parking! Cross access beyond 5/1,000 SF
HIGH TRAFFIC AREA
• Rare opportunity adjacent to Boise State campus – over 22,000 undergraduate students
• Adjacent to the #2 Albertsons Grocery in the State with over 1.7M annual visitors
• Average daily traffic volume 44,700 vehicles
• Newly remodeled interior and exterior
• Abundant building and monument signage
• Join top tenants – Tropical Smoothie Café, Exten Hydration, Rehab Authority
CONVENIENCE
• Corner location with multiple ingress/egress options
• Prominent Broadway frontage
• Walking distance to Boise River and Greenbelt
• Abundant Parking! Cross access beyond 5/1,000 SF
HIGH TRAFFIC AREA
• Rare opportunity adjacent to Boise State campus – over 22,000 undergraduate students
• Adjacent to the #2 Albertsons Grocery in the State with over 1.7M annual visitors
• Average daily traffic volume 44,700 vehicles
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
8,763 SF
Building Class
B
Year Built/Renovated
1976/2020
Price
$3,074,500
Price Per SF
$350.85
Cap Rate
6.50%
NOI
$199,843
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,382 SF
Building FAR
0.49
Lot Size
0.41 AC
Zoning
C-2D - Commercial
Parking
40 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R8048012862 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,371,200 |
PROPERTY TAXES
Parcel Number
R8048012862
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,371,200
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