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24662217
24662218

6565 W Emerald St, Boise, ID 83704

TOK Commercial
MG
ID SP34044
TOK Commercial
PO
ID SP18349
TOK Commercial
Listed by TOK Commercial
$4,300,000
327 days on market
Updated 28 days ago
Opportunity zone

6565 W Emerald St

Details
Property Type Office
Sub Type Medical Office
Square Footage 13,047
Cap Rate 6.50%
NOI $278,814
Occupancy 100%
Tenancy Single
Brand/Tenant Full Circle Health
Lease Type NNN
Lease Term 5
Lease Expiration 07/30/2030
Price per SqFt $329
Class A
Year Built 2012
Year Renovated 2017
Stories 1
Acreage 1.700
Zoning MX-1
Lease Commencement 07/31/2025

Office | 6.50% CAP | 13,047 SqFt

Marketing description

TOK is pleased to offer for sale this fully occupied single tenant medical office building.

6565 W Emerald St is a 13,047 square foot single story building with a basement, occupied and leased by Full Circle Health Emerald Clinic since 2012. The property was remodeled in 2017, with a brand new roof in May of 2025.

Situated on 1.7 acres, the property offers ample parking; and high exposure to Emerald St. The property is well located off I-84 and adjacent to the St. Alphonsus campus.

Investment highlights

  • Brand new roof
  • Long term tenancy (2012)
  • Exposure to Emerald street
  • Adjacent to St. Al’s campus
  • Centrally located with access to I-84
  • Potential for additional development
  • New 5-year NNN Lease with 3% annual increases; commencing 8/1/25

Listing Contacts

TOK Commercial
MG
ID SP34044
TOK Commercial
PO
ID SP18349
TOK Commercial
Listed by TOK Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$278,814.00
$23,234.50/mo

Valuation Metrics

0
DSCR
6.48%
Cap Rate
6.48%
ROI

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