3040 North Five Mile Road, Boise, ID for sale

Investment Overview

Lee & Associates is pleased to present the exclusive opportunity to acquire a premier four building, net leased investment located in the heart of Boise, Idaho. This institutional-quality offering provides investors with stable in place cash flow from a credit tenant operating in an essential, government funded industry while offering significant long-term value creation. Priced substantially below today’s replacement cost and leased at below market rates, the property represents an opportunity to acquire a strategically located asset at an attractive basis that provide potential for future income growth as leases expire. Flexible ownership structure, with each building situated on its own legal parcel, allowing for future disposition, refinancing, or portfolio management strategies on an individual basis. Surrounded by dense established rooftops in one of Boise’s most desirable infill locations, the property benefits from strong underlying real estate fundamentals, exceptional accessibility, and positioned in a low vacancy market.

Investment Highlights

• VALUE PRICING: Priced below replacement cost, creating an attractive value opportunity
• RENTAL UPSIDE: Leased at below market lease rates, providing upside potential through future lease renewals
• CREDIT TENANT: Leased to a tenant with more than $150 million in annual revenue.
• Four Buildings that are individually parceled