Single-Tenant Industrial Headquarters with
5090 N Sawyer Ave, Garden City, ID 83714
New
Functional industrial headquarters with substantial paved yard, leased long term to Diamond Heating & Cooling.
Type:Industrial
Property size:
19,000 SFLot size:
1.46 AcresPrice / SF:
$184/SF- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 26 at 3:08 am
Property Features for 5090 N Sawyer Ave
General Information
- Standard status
- Active
- Size
- 19,000 SF
- Lot size
- 1.46 Acres
- Property subtype
- Industrial
Listing office (208) 947-0850
Listing date Jun 24, 2026
Source Tokcommercial
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 Dan Minnaert, SIOR, CCIM
HighLights
- Single‑tenant industrial property leased 100% to Diamond Heating & Cooling as its primary operational headquarters
- Long‑term lease in place with approx. 2 years and 10 months remaining, plus one 1‑year renewal option
- 19,000 SF headquarters facility on 1.46 acres with substantial paved yard for fleet parking, equipment storage, material staging, and vehicle circulation
- Boise area industrial corridor location with immediate access to Chinden Boulevard and I‑184
- Investment price noted as $184/SF
Overview
5090 N. Sawyer Avenue is a single-tenant industrial investment property leased to Diamond Heating & Cooling. The facility serves as the company’s primary operational headquarters and is supported by substantial paved yard space designed for fleet parking, equipment storage, material staging, and vehicle circulation.
The property is located in the Boise area’s established industrial corridor in Garden City, with immediate access to Chinden Boulevard and I-184, providing convenient connectivity throughout the Treasure Valley.
The building is 100% leased to Diamond Heating & Cooling under a long-term lease structure. Approximately 2 years and 10 months remain on the current term, with one 1-year renewal option available. The combination of a functional headquarters layout and dedicated yard areas makes the property well suited to an owner-operator or investor seeking an industrial asset tied to an established local business.
The property is located in the Boise area’s established industrial corridor in Garden City, with immediate access to Chinden Boulevard and I-184, providing convenient connectivity throughout the Treasure Valley.
The building is 100% leased to Diamond Heating & Cooling under a long-term lease structure. Approximately 2 years and 10 months remain on the current term, with one 1-year renewal option available. The combination of a functional headquarters layout and dedicated yard areas makes the property well suited to an owner-operator or investor seeking an industrial asset tied to an established local business.
Local Financial Insights For Warehouse
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 | $262.2k | $13.80 |
| − Vacancy | −$23.3k | −$1.23 |
| EGI | $238.9k | $12.57 |
| − OpEx | −$35.8k | −$1.89 |
| NOI | $203.0k | $10.69 |
19,000 SF · lease $13.80/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.90M
$2.54M – $3.38M
NOI $203,035 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.25M
$4.59M – $6.12M
NOI $367,308 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Warehouses
Similar Places Nearby
- Republic Storage Of Idaho — 210 Murray St, Garden City, ID 83714
- 48th Street Storage LLC — 114 E 48th St, Garden City, ID 83714
- Embassy Inc — 210 Murray St, Boise, ID 83714
- Better Way Moving & Storage — 504 E 45th St Ste 1, Garden City, ID 83714
- Riverview Mini Storage — 523 E 47th St, Garden City, ID 83714
Location Insight
- Map
- Local Demand
- City
- Garden City
- County
- Ada
- State
- Idaho
- Longitude
- -116.2663759
- Latitude
- 43.6448074
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Functional industrial headquarters with substantial paved yard, leased long term to Diamond Heating & Cooling.
Where is this warehouse located?
The property is located at 5090 N Sawyer Ave Garden City, ID.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Single‑tenant industrial property leased 100% to Diamond Heating & Cooling as its primary operational headquarters; Long‑term lease in place with approx. 2 years and 10 months remaining, plus one 1‑year renewal option; 19,000 SF headquarters facility on 1.46 acres with substantial paved yard for fleet parking, equipment storage, material staging, and vehicle circulation
