401 West Front St Boise, ID 83702
Downtown Boise office building with institutional-grade tenants.
Source:
Tokcommercial
Listing Agent: Peter Oliver, Sior, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Class A Office Investment Opportunity
Located in downtown Boise, 401 W Front Street is a Class A office investment opportunity. The property, built in 2007, consists of 40,491 square feet across three floors within an 80,478-square-foot building. It is currently 100% occupied by tenants including Microsoft and LPL Financial. The property generates $712,819 in actual NOI. The suites feature professional build-outs and flexible layouts. The tenant mix spans various industries. Lease expirations are staggered. Direct access to the parking lot enhances tenant convenience. Microsoft recently committed $1.5 million toward significant improvements to their space. The location is three blocks from the downtown core and surrounded by major employers, civic institutions, and over 132,000 employees within a five-mile radius. Parking income adds stable, diversified revenue with the option to completely redevelop the lot. Microsoft and LPL Financial are two publicly traded companies.
Location Intelligence
Current Use by Public Records
HeadWaters Wealth Management
Financial Advisor
Idaho Central Credit ...
Credit Union
Idaho MSA
Consultant
Microsoft Corporation
Corporate Office
Driven Capital
Bank
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.2010453
- Latitude
- 43.6113984
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FAQs
What type of property is this?
Office building - Downtown Boise office building with institutional-grade tenants.
Where is this office building located?
The property is located at 401 West Front St Boise, ID.
What is the asking price?
The asking price for this property is $11,880,318.
What are key features of this property?
This property features: - Anchored by **institutional-grade tenants Microsoft and LPL Financial**, providing secure income.; - Offered below replacement cost, representing immediate value.; - Generates **$712,819 in actual NOI with a 6% cap rate.**
