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Corporate Credit | Prime Location | Annual Increases Invest in the Single Tenant Net Leased Investment Opportunity, located in a prime location at 7733 W Emerald St, Boise, ID 83704. The property is fully occupied by the Dermatology Clinic of Idaho and is guaranteed by its parent company, which operates 41 other dermatology clinics nationwide, assuring institutional quality credit. With an initial term of 5 years and an attractive 3% annual increase, this is an excellent opportunity for long-term, passive income, leaving minimal landlord responsibilities. The property is situated in central Boise, just 5 minutes away from downtown and Meridian. It is surrounded by a strong roster of amenities including shopping, restaurants, and other daily need services, making it an ideal location. Additionally, the Saint Alphonsus Campus, the second-largest medical provider in Idaho, is in close proximity. The tenant has recently renewed their lease for an additional 5 years, showing their commitment to the location. The Dermatology Clinic of Idaho offers best-in-class dermatological care, specializing in medical dermatology, Mohs Micrographic Surgery for skin cancer, cosmetic dermatology, and injectables including BOTOX® and JUVEDERM®.Don't miss this ideal 1031 Exchange replacement or portfolio addition opportunity!
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