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Investment Highlights
- Premier Gateway Location: Ideally positioned between Downtown Boise and the North End, walking distance to public transportation, major employers
- Strong Site Fundamentals: 3,424 SF building on a 0.28-acre parcel with 9 on-site parking spaces supporting tenant accessibility and long-term marketab
- Signalized Corner with Exceptional Visibility: Located at a high-profile intersection along State Street with prominent monument signage and exposure
- In-Demand Zoning & Surrounding Drivers: MX-3 zoning with strong nearby traffic generators including Albertsons (shadow anchor), Starbucks, Saint Alpho
Executive Summary
1625 W. State Street presents the opportunity to acquire a fully leased office investment at the gateway between Downtown Boise and the North End, one of the region’s most desirable, high-density residential neighborhoods. Offered at $1,200,000, the property provides immediate income stability with 100% occupancy and two established tenants: State Farm Insurance and Trailhead Sports Clinic.
The 3,424 SF building sits on a 0.28-acre corner parcel with 9 on-site parking spaces and is zoned MX-3, supporting long-term adaptability in a high-demand urban corridor. The asset is prominently positioned at a signalized intersection along State Street, a primary downtown accessway, delivering exceptional visibility with prominent monument signage and exposure to 24,000+ vehicles per day. Its corner location on the morning-commute side further enhances daily exposure and tenant accessibility.
The surrounding area features strong, everyday traffic drivers—including Albertsons as a shadow anchor, Starbucks, Saint Alphonsus, and other major employers and services—reinforcing tenant demand. With walkable connectivity to public transportation, close proximity to Downtown’s employment base, and just blocks from the Connector, 1625 W. State Street offers a compelling blend of core Boise location strength, durable tenancy, and high-profile frontage.
The 3,424 SF building sits on a 0.28-acre corner parcel with 9 on-site parking spaces and is zoned MX-3, supporting long-term adaptability in a high-demand urban corridor. The asset is prominently positioned at a signalized intersection along State Street, a primary downtown accessway, delivering exceptional visibility with prominent monument signage and exposure to 24,000+ vehicles per day. Its corner location on the morning-commute side further enhances daily exposure and tenant accessibility.
The surrounding area features strong, everyday traffic drivers—including Albertsons as a shadow anchor, Starbucks, Saint Alphonsus, and other major employers and services—reinforcing tenant demand. With walkable connectivity to public transportation, close proximity to Downtown’s employment base, and just blocks from the Connector, 1625 W. State Street offers a compelling blend of core Boise location strength, durable tenancy, and high-profile frontage.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
3,424 SF
Building Class
B
Year Built
1984
Price
$1,200,000
Price Per SF
$350.47
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,424 SF
Building FAR
0.28
Lot Size
0.28 AC
Zoning
C2-D
Parking
10 Spaces (2.92 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R5538920530 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $847,000 |
Property Taxes
Parcel Number
R5538920530
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$847,000
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1625 W State St
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