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.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,200SQFT
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$0$/SQFT
School Ratings & Info
Courtesy of Story Commercial, LLC at 208-841-8320.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.
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