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29520909
29520905

1290 W Myrtle St, Boise, ID 83702

KG
ID 8261576
CBRE - Boise
CBRE - Boise
TR
SP22042
CBRE - Boise
Listed by CBRE - Boise
$31,827,000
125 days on market
Updated 53 days ago

1290 W. Myrtle, Boise, Idaho

Details
APN S1010223280
Property Type Office
Sub Type Creative Office
Square Footage 123,529
Cap Rate 7.25%
Occupancy 96%
Tenancy Multi
Price per SqFt $258
Class A
Year Built 2018
Buildings 1
Stories 5
Acreage 1.420
Zoning MX-5 (Mixed Use – Downtown) – City of Boise
Parking Spaces 828 spaces
Parking Per SqFt 6.70

CALL FOR OFFERS - MAY 7th | Class A Asset

Marketing description

BOISE MARKET RESILIENCY

• Vacancy rates (~11–12%) remain far below national averages (~20%)

• Asking rents continue to rise, averaging $23.84/SF FSG, with Class A commanding $25.26/SF

• Limited new supply and steady absorption contrast sharply with negative absorption trends in major U.S. metros

Investment highlights

CALL FOR OFFERS - MAY 7th | Rare Opportunity - Acquire Class A Asset Below Replacement in Supply Constrained Growth Market | Boise, ID

AMENITIES & LOCATION ADVANTAGES

• State-of-the-Art Fitness Facility: Pivot by Kristen Armstrong located on the first floor

• Direct Access: Immediate connectivity to I-84 Connector

• Dedicated parking in constrained market: 828 space parking structure (NAP)

• Proximity: 3 blocks from Boise’s downtown core; 1 block from downtown’s newest developments, including Saratoga Apartments and the new AC/Westin Hotel

• Lifestyle & Convenience: Surrounded by abundant food and beverage options

Listing Contacts

KG
ID 8261576
CBRE - Boise
CBRE - Boise
TR
SP22042
CBRE - Boise
Listed by CBRE - Boise

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Additional Information

Name
Kurt Gregg
License
8261576
Brokerage
CBRE
Name
Montana Carranza
License
3671379
Brokerage
CBRE
Brokerage Phone
2086448000
Title
Real Estate Associate
Brokerage Address
877 W Main St, Ste 600
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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