1290 W Myrtle Street,Boise, ID 83702
Boise, ID 83702
Description
Premier five-story, Class A office building totaling approximately 123,529 sq. ft. in the heart of Boise, Idaho. Located within a vibrant five-acre mixed-use development anchored by a Hilton Garden Inn and Panera Bread, the Property features institutional-quality construction and a durable, diversified income stream. Currently 96% leased to 12 tenantsincluding a long-term anchor lease with the General Services Administration extending through 2040Pioneer Crossing offers investors a stabilized asset with a weighted average lease term (WALT) of 5.8 years. Offered at a significant discount to replacement cost, Pioneer Crossing presents a compelling value proposition in a market characterized by rising asking rents and vacancy rates well below national averages. Investors will benefit from immediate, stable cash flow anchored by government and national credit tenants, while gaining exposure to one of the fastest-growing metropolitan areas in the United States.
Details
| MLS # | 98998293 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 14 |
| Listing Provided By | CBRE, Inc | Montana Carranza |
Features
| SQ Feet | 123,529 |
|---|---|
| Acreage | 1.42 |
Interior
| Heating Yes / No | No |
|---|
Exterior
| Lot Features | 1 - 4.99 Acres |
|---|
Area Information
| State | ID |
|---|---|
| County | Ada |
| City | Boise |
| Zip Code | 83702 |
| Area | Ada |
| Listing VS Median (in 83702) | |
Price: $31,827,000 low | high Med: $828,950 sqft: 123,529 low | high Med: 2,198 $ / sqft: $258 low | high Med: $379 On site: 14 low | high Med: 91.5 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Ada |
| City | Boise |
| Zip Code | 83702 |
| Area | Ada |
| Listing VS Median (in 83702) | |
Price: $31,827,000 low | high Med: $828,950 sqft: 123,529 low | high Med: 2,198 $ / sqft: $258 low | high Med: $379 On site: 14 low | high Med: 91.5 | |