Versatile Office Property in
1740 North Milwaukee Street Boise, ID 83704
For Sale
Contact for pricing
Office property suitable for single or multi-tenant occupancy.
Property Size3,120 SF
Price / SF$279.17
Days on Market151
Property Features for 1740 North Milwaukee Street
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing Agency:
TOK Commercial
(208) 890-2209
Listed By:
Michael Ballantyne · License #ID DB18541
Source:
Crexi
Added: Feb 24
Changed: Jul 6
Last Checked: Jul 24 at 6:03AM
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 TOK Commercial
Investment Insights
Based on property information with market context.
The property at 1740 North Milwaukee Street is a versatile office space suitable for either single-tenant or multi-tenant occupancy. This location in Boise offers excellent visibility and is well-suited for a medical office, dental practice, therapy center, or related healthcare services. The property benefits from its location along a primary retail and services corridor, supported by nearby residential and retail areas. Strong consumer traffic contributes to a built-in customer base and employee conveniences. The property size is 3120 square feet.
Key Highlights
- Strategic Boise location with excellent visibility.
- Versatile office property suited for single‑tenant or multi‑tenant occupancy.
- Ideal for medical office, dental practice, therapy center, or related healthcare services.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.5k | $21.00 |
| − Vacancy | −$9.2k | −$2.94 |
| EGI | $56.3k | $18.06 |
| − OpEx | −$14.1k | −$4.52 |
| NOI | $42.3k | $13.54 |
3,120 SF · lease $21.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$603.7K
$528.3K – $704.3K
NOI $42,260 @ 7.0% cap · market cap 4.85%
Second Best
Healthcare Medical
$564.0K
$493.5K – $658.0K
NOI $39,480 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$861.7K
$754.0K – $1.01M
NOI $60,316 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cereset Boise
Medical Group
Audiology & Hearing Aid ...
Hearing Aid Store
James H. Bingham, ...
Alternative Medicine Practice
Women's Wellness Clinic
Medical Clinic
Cynthia Olsen
Physician
Similar Off Market Nearby
- Northwest Animal Hospital — 7107 Fairview Ave, Boise, ID 83704
- All Valley Pet Clinic at Emerald, A Thrive Pet Healthcare Partner — 9140 W Emerald St, Boise, ID 83704
- Neher Talitha DVM — 7107 Fairview Ave, Boise, ID 83704
- Barton O Michael DVM — 7107 Fairview Ave, Boise, ID 83704
- Hunt Chad DVM — 7107 Fairview Ave, Boise, ID 83704
FAQs
What type of property is this?
Medical Office Space - Office property suitable for single or multi-tenant occupancy.
Where is this medical office space located?
The property is located at 1740 North Milwaukee Street Boise, ID.
What is the asking price?
The asking price for this property is $871,000.
What are key features of this property?
This property features: Strategic Boise location with excellent visibility.; Versatile office property suited for single‑tenant or multi‑tenant occupancy.; Ideal for medical office, dental practice, therapy center, or related healthcare services.
