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    801 E Parkcenter Blvd Boise, ID 83706

    For Sale
    $15,900,000

    Premier fitness facility with long-term NNN lease in Boise.

    Lot size:
    4.04 Acres

    Property Features for 801 E Parkcenter Blvd

    General Information

    Lot size
    4.04 Acres

    Source: Colliers International Idaho - Boise Agent David McDonald

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Boise Fitness Center Investment Opportunity

    This fitness center is located in South East Boise. Constructed in 2004, the building has a size of 49,546 square feet and is situated on a 4.036-acre lot. The property is zoned L-OD. It operates under a 15-year NNN lease, set to expire in September 2036, with options to renew for three additional 5-year terms. The lease includes annual increases of 2%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Axiom Fitness Parkcenter Gym Palm Beach Tan Tanning Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Master Lee's Tae Kwon Do, Orangetheory Fitness, Carriage Crossing Apartment gym, InnerQiYoga, Idaho Nutrition and Wellness Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.1737108
    Latitude
    43.5840596

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    FAQs

    What type of property is this?
    Fitness center & gym - Premier fitness facility with long-term NNN lease in Boise.
    Where is this fitness center & gym located?
    The property is located at 801 E Parkcenter Blvd Boise, ID.
    What is the asking price?
    The asking price for this property is $15,900,000.
    What are key features of this property?
    This property features: - Premier fitness facility in South East Boise.; - Strong NOI: $1,072,603.; - Attractive Cap Rate: 6.75%.
    (208) 345-9000
    Request Owner's contact information
    801 E Parkcenter Blvd Boise, ID 83706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801 E Parkcenter Blvd Boise, ID 83706
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