Boise Office Building For
12754 W Lasalle St., Boise, ID 83713
16,940 SF office building in Boise Research Center.
Property size:
16,940 SFPrice / SF:
$200/SF- Added:
- Mar 4, 2026
- Days on Market:
- 82
- Last Refresh:
- Apr 5 at 10:05 pm
Property Features for 12754 W Lasalle St.
General Information
- Standard status
- Active
- Size
- 16,940 SF
Listing agent Matt Mahoney, SIOR License #SP47888 (208) 319-1003
Listing office Lee & Associates Idaho (208) 319-1003
Listing date Mar 4, 2026
Source Lee-associates
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 Lee & Associates Idaho
HighLights
- Below replacement cost asset in the low vacancy Boise MSA.
- Strategically located with convenient access to Boise, Meridian, and Eagle.
- Flexible modern layout with potential for single or two‑tenant occupancy.
- Ample on‑site parking available.
- Excellent overall condition.
- Situated within the Boise Research Center in a strong surrounding office environment.
Overview
The 16,940 square foot office building located on LaSalle Street in Boise is available for sale. Situated within the Boise Research Center, the property benefits from a strong surrounding office environment and is strategically located in a highly accessible Boise submarket, offering convenient access to Boise, Meridian, and Eagle. The building is located just off Chinden Rd., which experiences approximately 37,900 vehicles per day. Currently configured for single tenant occupancy, the asset can be easily reconfigured into a two-tenant building, providing flexibility for various users and investment strategies. The property is in excellent overall condition and features ample on-site parking suitable for a variety of professional office uses. This location presents an attractive opportunity for both owner-users and investors seeking a quality office asset in the Treasure Valley.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$2.55M
NOI $229,452 @ 9.00% cap · cautious / downside scenario
Moderate
$3.28M
NOI $229,452 @ 7.00% cap · market / base-case scenario
Aggressive
$4.59M
NOI $229,452 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $355.7k | $21.00 |
| − Vacancy | −$49.8k | −$2.94 |
| EGI | $305.9k | $18.06 |
| − OpEx | −$76.5k | −$4.52 |
| NOI | $229.5k | $13.54 |
16,940 SF · lease $21.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$3.28M
$2.87M – $3.82M
NOI $229,452 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.68M
$4.09M – $5.46M
NOI $327,484 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Schweitzer Engineering Laboratories
Software Company
SAP
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.329
- Latitude
- 43.6384
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 16,940 SF office building in Boise Research Center.
Where is this office building located?
The property is located at 12754 W Lasalle St. Boise, ID.
What is the asking price?
The asking price for this property is $3,390,000.
What are key features of this property?
This property features: Below replacement cost asset in the low vacancy Boise MSA.; Strategically located with convenient access to Boise, Meridian, and Eagle.; Flexible modern layout with potential for single or two‑tenant occupancy.
