Leased Office/Flex
For Sale
$8,735,000
12501 - 12585 W Explorer Drive, Boise, ID 83713
A research and office flex campus is 100% leased to established firms, including long-term tenants since 2006.
Property Size11,424 SF
Days on Market42
Property Features for 12501 - 12585 W Explorer Drive
General Information
Standard status
Active
Size
11,424 SF
Property subtype
Office/Flex
Occupancy
100%
Net Operating Income
$567,822
Building Details
Building Size
11,424 SF
Listed By:
Al Marino, SIOR
(208) 947-0811
Source:
Tokcommercial
Added: Jul 23
Changed: Aug 28
Last Checked: Sep 1 at 6:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Al Marino, SIOR
Investment Insights
Based on property information with market context.
Explorer Campus is a research and office flex campus developed with functional, flexible floor plans. The property consists of a 44,688 SF campus that is 100% leased, with a diverse mix of engineering, technology, and professional service firms in place. Several occupants have been at the campus since 2006, reflecting long-term tenant stability.
The campus is located in Boise’s established business districts and sits adjacent to the Treasure Valley Family YMCA, with nearby retail and dining amenities. Carollo is in the midst of a major expansion of its water testing laboratory, investing significant capital into the building and supporting its continued commitment to the campus.
The campus is located in Boise’s established business districts and sits adjacent to the Treasure Valley Family YMCA, with nearby retail and dining amenities. Carollo is in the midst of a major expansion of its water testing laboratory, investing significant capital into the building and supporting its continued commitment to the campus.
Key Highlights
- 44,688 SF research and office flex campus in Boise Research Center with 100% leased occupancy
- 100% leased providing immediate and stable in‑place cash flow
- Several tenants have occupied the campus since 2006 for long‑term stability
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83713, ID
30,056
Population
12,019
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
4,554
Density / Sq Mi
$86,419
Median Household Income
$45,276
Median Earnings
$1,716
Median Rent
$421,600
Median Home Value
Market
Vacancy Rate% for Office in Boise, ID
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Frequently Asked Questions
What type of property is this?
Flex space - A research and office flex campus is 100% leased to established firms, including long-term tenants since 2006.
Where is this flex space located?
The property is located at 12501 - 12585 W Explorer Drive Boise, ID.
What is the asking price?
The asking price for this property is $8,735,000.
What are key features of this property?
This property features: 44,688 SF research and office flex campus in Boise Research Center with 100% leased occupancy; 100% leased providing immediate and stable in‑place cash flow; Several tenants have occupied the campus since 2006 for long‑term stability
