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Downtown Boise Office Space Available
For Lease
$26 SF/Yr Modified Gross

420 W Main Street, Boise, ID 83702

Historic Veltex Building office space for lease in downtown Boise.

Space Size1,412 SF
Property Size50,000 SF
Days on Market165

Property Features for 420 W Main Street

General Information

Standard status Active
Size 1,412 SF
Property subtype Office
Lease Term MG

Building Details

Building Size 50,000 SF

Spaces For Lease

at 420 W Main Street Contact us

Suite - 204 $26/SF/Yr

Size
1,412 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: TOK Commercial
Listed By: Nick Schuitemaker, CCIM · License #SP44833
Source: Tokcommercial
Added: Mar 6 Changed: Aug 16 Last Checked: Aug 18 at 4:40AM

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.

Suite 204 in the historic Veltex Building provides 1,412 square feet of second-floor office space. Located in the heart of downtown Boise at the corner of 5th and Main, the suite features abundant natural light and a flexible layout. The layout includes a reception area, conference room, private offices, a break room, and a storage/file room. Tenant improvements are negotiable. The space is offered at $26.00 per square foot on a modified gross lease and will be available starting April 1, 2026. Garage parking and additional storage are available. The building is well-built and quiet, with easy access to services and foothills recreation. Telecom and IT services are provided by CenturyLink/Lumen. The property has an excellent corner location at 5th and Main Streets.

Key Highlights

  • Prime downtown Boise location at the corner of 5th and Main Streets.
  • Ready‑to‑occupy office space with reception, conference room, private offices, break room, and storage/file room.
  • Abundant natural light and a flexible layout.

Property Analytics

Current Use

Clark Development Construction Company McLock Team at Rate Loan Service Matthew Cooper at Guaranteed ... Loan Service Erik Antink at Guaranteed ... Loan Service Thomas Development Co Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Auto Parts Store Tanning Salon Nursing Home Pet Grooming Service

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

6,608
Businesses Nearby

Demographics for 83702, ID

23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value

Market

Lease Benchmarks for Boise, ID

$22.34 /SF/Yr
Avg Asking Price
$1.03–$227 /SF/Yr
Price Range
9,751 SF
Avg Space Size

This space is priced 16% above the average of $22.34 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Historic Veltex Building office space for lease in downtown Boise.
Where is this office units located?
The property is located at 420 W Main Street Boise, ID.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Prime downtown Boise location at the corner of 5th and Main Streets.; Ready‑to‑occupy office space with reception, conference room, private offices, break room, and storage/file room.; Abundant natural light and a flexible layout.
More about this property
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