Commercial · Boise, ID 83702

1290 W Myrtle Street, Boise, ID 83702

Boise, ID 83702

$31,827,000

ActiveMLS® 98998293

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ActiveMLS® 98998293
$31,827,000
1290 W Myrtle Street, Boise, ID 83702
Bds Ba 123,529 Sq.Ft. 1.42 Ac
Description

Premier five-story, Class A office building totaling approximately 123,529 sq. ft. in the heart of Boise, Idaho. Located within a vibrant five-acre mixed-use development anchored by a Hilton Garden Inn and Panera Bread, the Property features institutional-quality construction and a durable, diversified income stream. Currently 96% leased to 12 tenants—including a long-term anchor lease with the General Services Administration extending through 2040—Pioneer Crossing offers investors a stabilized asset with a weighted average lease term (WALT) of 5.8 years. Offered at a significant discount to replacement cost, Pioneer Crossing presents a compelling value proposition in a market characterized by rising asking rents and vacancy rates well below national averages. Investors will benefit from immediate, stable cash flow anchored by government and national credit tenants, while gaining exposure to one of the fastest-growing metropolitan areas in the United States.

Land and Lot
  • Lot size 1.42 acres (61,855 sq ft)
  • Lot description 1 - 4.99 Acres
Location and Zoning
  • County Ada
  • Neighborhood Downtown Boise
  • Zoning S1010223280
Schools
  • School District Boise City Independent School District 1
Tax and Legal
  • Parcel number S1010223280

Listing Information

Listing Agent
Montana Carranza
Listing Office
CBRE, Inc
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