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Multi-Tenant Office Investment Opportunity

Office Investment Building For Sale, Garden City, ID 83714

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For Sale

$1,575,000

Multi-tenant office building with diversified income and strong occupancy momentum.

Property size:

6,806 SF

Price / SF:

$231/SF

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Contact an agent

Michael L. Bergmann, SIOR

Real Estate License ID: SP 51803

HighLights

Anchored by MicroTech Systems with a new five‑year lease starting January 1, 2026, ensuring long‑term stability.
Diversified income stream from 12 executive office suites, with 9 currently occupied, indicating strong occupancy.
Located in a sought‑after market in the Treasure Valley.
Attractive investment opportunity priced at $1,620,000.
Suited for both investors seeking reliable returns and owner‑users looking to occupy space.
Built in 2005.

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For Sale

$1,575,000

Multi-tenant office building with diversified income and strong occupancy momentum.

Property size:

6,806 SF

Price / SF:

$231/SF

Added:: Nov 26, 2025
Days on Market:: 222
Last Refresh:: May 9 at 1:24 am

Property Features for Office Investment Building For Sale

General Information

Standard status: Active
Size: 6,806 SF

Building Details

Year Built: 2005

We can help!

Contact an agent

Michael L. Bergmann, SIOR

Listing office Lee & Associates Idaho

Listing date Nov 26, 2025

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

Anchored by MicroTech Systems with a new five‑year lease starting January 1, 2026, ensuring long‑term stability.
Diversified income stream from 12 executive office suites, with 9 currently occupied, indicating strong occupancy.
Located in a sought‑after market in the Treasure Valley.
Attractive investment opportunity priced at $1,620,000.
Suited for both investors seeking reliable returns and owner‑users looking to occupy space.
Built in 2005.

Overview

This 6,806 square foot multi-tenant office building presents an investment opportunity in Garden City. The building is anchored by MicroTech Systems, which will be entering into a new five-year lease beginning January 1, 2026. The property also features 12 executive office suites, with nine currently occupied, providing diversified income. The property is located off of W. Chinden Blvd./Hwy. 20. This asset may be suitable for investors seeking reliable returns or an owner-user looking to occupy space while benefiting from existing tenancy.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$142.9k	$21.00
− Vacancy	−$20.0k	−$2.94
EGI	$122.9k	$18.06
− OpEx	−$30.7k	−$4.52
NOI	$92.2k	$13.54

6,806 SF · lease $21.00/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.32M

$1.15M – $1.54M (±1% cap)

NOI $92,187 @ 7.0% cap · market cap 5.85%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.88M

$1.64M – $2.19M (±1% cap)

NOI $131,574 @ 7.0% cap · market cap 8.35%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office buildings

Map

City: Garden City
County: Ada
State: Idaho
Longitude: -116.29
Latitude: 43.6542

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For sale
Office buildings
ID
Garden City
83714
Office Investment Building For Sale

What type of property is this?

Office building - Multi-tenant office building with diversified income and strong occupancy momentum.

Where is this office building located?

The property is located at Office Investment Building For Sale Garden City, ID.

What is the asking price?

The asking price for this property is $1,575,000.

What are key features of this property?

This property features: Anchored by MicroTech Systems with a new five‑year lease starting January 1, 2026, ensuring long‑term stability.; Diversified income stream from 12 executive office suites, with 9 currently occupied, indicating strong occupancy.; Located in a sought‑after market in the Treasure Valley.