Listing Agency: Boise s***@colliers.com Show Phone

Listed By: Scott Feighner · License #SP37920 Show Phone

Source: Colliers

Added: Jul 26 Changed: Aug 8 Last Checked: Aug 12 at 3:14AM

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Investment Insights

Based on property information with market context.

Plaza 121 offers modern office suites with shared conference room access, including a full kitchen. The property also features an outdoor patio with cityscape views.

The building is located at 1299 N Orchard St in Boise, in the core Downtown Boise area. The on-site restaurant is available for tenants, described in the remarks as award-winning.

Suites are positioned within the overall Plaza 121 setting, combining professional office space with shared meeting facilities and on-site dining.

Key Highlights

• Modern office suites in Plaza 121 in downtown Boise
• Cityscape outdoor patio included
• Shared conference room with a full kitchen

Property Analytics

Property Profile

Current Use

Idaho Department of Correction Government Office Carrington College Trade School ORCHARD PLACE EARL ... Business Service Center Saint Alphonsus Health ... Financial Advisor Sunwest Bank - Boise ... Bank

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Travel Agency Parking Lot & Garage Garden Center Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$0.15 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,958

Businesses Nearby

Explore this area Business Placement

Demographics for 83706, ID

34,446

Population

15,992

Households

2.2

Avg Household Size

31

Median Age

57%

College-Educated

95%

High-School Grad

7.4 sq mi

ZIP Area

4,655

Density / Sq Mi

$81,101

Median Household Income

$33,331

Median Earnings

$1,378

Median Rent

$488,900

Median Home Value

Market

Lease Benchmarks for Boise, ID

$29.53 /SF/Yr

Avg Asking Price

$1.03–$241 /SF/Yr

Price Range

9,498 SF

Avg Space Size

This space is priced 97% below the average of $29.53 /SF/Yr.

Vacancy Rate% for Office in Boise, ID

7.5% 2020

5.8% 2021

8.8% 2022

11.1% 2023

10.6% 2024

11.5% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Modern office suites in Plaza 121 feature a cityscape outdoor patio and shared conference amenities with a full kitchen.

Where is this office units located?

The property is located at 1299 N Orchard St Boise, ID.

What is the lease rate?

The lease rate is $344/Mo.

What are key features of this property?

This property features: Modern office suites in Plaza 121 in downtown Boise; Cityscape outdoor patio included; Shared conference room with a full kitchen