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NNN Medical Office - Victory & Cole 7350 W Victory Rd 6,340 SF Office Building Boise, ID 83709 $5,305,801 ($836.88/SF) 6% Cap Rate



Investment Highlights
- State of the Art Medical Facility
- Located in One of Idaho's Fastest Growing Markets
- Reputable Tenant
Executive Summary
PROPERTY SUMMARY
Office property
Net Operating Income*: $318,348
CAP Rate: 6.00%
Purchase Price: $5,305,801
Net Rentable Area: 6,340 sf
Lot Size: 0.711 +/- acres
Year Built: 2022
*Analysis Period: 8/1/2026-7/31/2027
LEASE TERMS
Lease Expiration: 12/31/2033
Lease Term Remaining: 7.5 Years
Lease Type: NNN
Option Periods: 2 X 5 Years
Annual Escalations: 2.00%
Common Area Expenses: Tenant Responsibility
Structural, Roof, Foundation: Landlord Responsibility
Property Taxes: Tenant Responsibility
Insurance: Tenant Responsibility
QUICK FACTS
23
Clinics in
Southwest
Office property
Net Operating Income*: $318,348
CAP Rate: 6.00%
Purchase Price: $5,305,801
Net Rentable Area: 6,340 sf
Lot Size: 0.711 +/- acres
Year Built: 2022
*Analysis Period: 8/1/2026-7/31/2027
LEASE TERMS
Lease Expiration: 12/31/2033
Lease Term Remaining: 7.5 Years
Lease Type: NNN
Option Periods: 2 X 5 Years
Annual Escalations: 2.00%
Common Area Expenses: Tenant Responsibility
Structural, Roof, Foundation: Landlord Responsibility
Property Taxes: Tenant Responsibility
Insurance: Tenant Responsibility
QUICK FACTS
23
Clinics in
Southwest
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Building Size
6,340 SF
Building Class
B
Year Built
1990
Price
$5,305,801
Price Per SF
$836.88
Cap Rate
6%
NOI
$318,348
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,268 SF
Building FAR
0.20
Lot Size
0.71 AC
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R5511270025 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,747,100 |
Property Taxes
Parcel Number
R5511270025
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,747,100
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NNN Medical Office - Victory & Cole | 7350 W Victory Rd
