6850 Fairview Ave Boise, ID 83704-8501

Property Details for 6850 Fairview Ave

Year built

1977

Lot size

1.11 lot acres

Property size

10,828 SF

Zone code

C-2D

Property type

Commercial real estate

APN

S1006347150

APU

S1006347150

Description

This exceptional commercial investment opportunity presents a remodeled Class B office building situated on a high-traffic corner lot in Boise, Idaho. The property, located at 6850 Fairview Ave, boasts a total of 12,043 square feet and features a national anchor tenant, Enterprise Rent-A-Car, under a net lease agreement. The building includes a recently constructed 1,640 square foot rental car wash bay. The property is comprised of three separate tax lots, providing multiple curb cuts and ample parking for tenants and customers. The main office building offers an inviting open lobby with vaulted high ceilings and abundant natural light. Currently, there is 4,876 square feet of leasable space available in the lower level. The asking price is $3,590,000, representing a price per square foot of $298.10 and a 6.50% cap rate, with a net operating income (NOI) of $233,298. The property is zoned C-2D. This is a rare opportunity to acquire a well-located, income-producing asset with a strong tenant in a thriving market. Financial details are available upon request.