401 Front St
$11,880,318
401 West Front Street, Boise, ID 83702
40,491 sqft
Building Size
A
Class
Details:
Highlights:
- Professionally built-out floors with quality finishes and flexible layouts.
- Offered below replacement cost, providing immediate value to investors.
- Diverse tenant mix across industries supports long-term occupancy stability.
- Direct access to parking lot enhances tenant convenience and leasing appeal.
- Staggered lease expirations reduce rollover risk and maintain consistent cash flow.
- Microsoft recently committed $1.5 million toward significant improvements to their space.
- Parking income adds stable, diversified revenue with the option to completely redevelop the lot.
- Microsoft and LPL Financial are two publicly traded companies, providing institutional-grade income security.
Description:
401 W Front Street presents a rare opportunity to acquire a Class A office investment in the heart of downtown Boise, offered below replacement cost and anchored by institutional-grade tenancy including Microsoft and LPL Financial. The offering consists of 40,491 square feet across three floors within an 80,478-square-foot building built in 2007, currently 100% occupied. The property generates $712,819 in actual NOI, offering a 6% cap rate at the $11,880,318 asking price, and features professionally built-out suites, staggered lease expirations, and diversified industry tenancy supporting long-term income stability.
Located just three blocks from the downtown core and surrounded by major employers, civic institutions, and over 132,000 employees within a five-mile radius, 401 W Front Street offers investors both durable income today and meaningful long-term investment potential in one of the Mountain West’s strongest-performing markets.
Documents:
| Title | ||
|---|---|---|
| 401-Front-St-OM-Public.pdf |
Location
Gallery
