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4355 W Emerald St
Boise, ID 83706
Emerald Square · Office Property For Sale
Executive Summary
Emerald Square is offered for sale or lease, presenting a compelling investment or owner-user opportunity to occupy a significant portion of the
38,396-square-foot multi-tenant office building while generating income from existing in-place tenants. Currently 56% leased, the property allows
a buyer to step into immediate cash flow and offset occupancy costs with rental revenue, while utilizing available suites ranging from 1,995 to
7,804 square feet. Offered at $5,759,000 ($150/SF),—well below replacement cost—the asset features clear mark-to-market potential and a
defined path to NOI growth through lease-up and rental rate increases, all situated on a 2.43-acre site with R-1C zoning in Boise’s established
Central Bench corridor.
38,396-square-foot multi-tenant office building while generating income from existing in-place tenants. Currently 56% leased, the property allows
a buyer to step into immediate cash flow and offset occupancy costs with rental revenue, while utilizing available suites ranging from 1,995 to
7,804 square feet. Offered at $5,759,000 ($150/SF),—well below replacement cost—the asset features clear mark-to-market potential and a
defined path to NOI growth through lease-up and rental rate increases, all situated on a 2.43-acre site with R-1C zoning in Boise’s established
Central Bench corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
40,044 SF
Building Class
B
Year Built/Renovated
1987/2007
Price
$7,826,481 CAD
Price Per SF
$195.45 CAD
Percent Leased
56%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,198 SF
Slab To Slab
12’
Building FAR
0.38
Lot Size
2.43 AC
Zoning
R-1C - Single Family Residential
Parking
166 Spaces (6 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | R7777775514 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,322,068 CAD |
Property Taxes
Parcel Number
R7777775514
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,322,068 CAD
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