Description
This high-quality office condo offers an exceptional investment opportunity in the heart of downtown Boise. This fully leased 2,200sf property is home to the renowned law firm Wilson Sonsini Goodrich & Rosati, with a lease in place through August 2026 (and two 1-year renewals with escalations). Investors will benefit from a strong net operating income of ~$42,000 in 2024, which equates to a 6% cap rate. Total current monthly rent = $5028.46. Included with the property are two off-street parking spaces, enhancing convenience for tenants as well as a storage unit in the garage. This premium office asset presents a rare chance to own a stable, income-generating property in one of Boise's most desirable locations.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
2,200SQFT
-
$320$/SQFT
School Ratings & Info
Courtesy of Story Commercial, LLC.Description
This high-quality office condo offers an exceptional investment opportunity in the heart of downtown Boise. This fully leased 2,200sf property is home to the renowned law firm Wilson Sonsini Goodrich & Rosati, with a lease in place through August 2026 (and two 1-year renewals with escalations). Investors will benefit from a strong net operating income of ~$42,000 in 2024, which equates to a 6% cap rate. Total current monthly rent = $5028.46. Included with the property are two off-street parking spaces, enhancing convenience for tenants as well as a storage unit in the garage. This premium office asset presents a rare chance to own a stable, income-generating property in one of Boise's most desirable locations.
© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-04-25T00:10:21.71.