Office Condo For Sale • 40,491 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 4th Floor - Unit Floors 4-6 | Office | 40,491 SF | $11,880,318 USD | |
DescriptionProfessionally built-out floors with quality finishes and flexible layouts. Sale Notes401 W Front Street presents a rare opportunity to acquire a Class A office investment in the heart of downtown Boise, offered below replacement cost and anchored by institutional-grade tenancy including Microsoft and LPL Financial. The offering consists of 40,491 square feet across three floors within an 80,478-square-foot building built in 2007, currently 100% occupied. The property generates $712,819 in actual NOI, offering a 6% cap rate at the $11,880,318 asking price, and features professionally built-out suites, staggered lease expirations, and diversified industry tenancy supporting long-term income stability. |
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Located just three blocks from the downtown core and surrounded by major employers, civic institutions, and over 132,000 employees within a five-mile radius, 401 W Front Street offers investors both durable income today and meaningful long-term investment potential in one of the Mountain West’s strongest-performing markets.
| Professionally built-out floors with quality finishes and flexible layouts. |
| Offered below replacement cost, providing immediate value to investors. |
| Diverse tenant mix across industries supports long-term occupancy stability. |
| Direct access to parking lot enhances tenant convenience and leasing appeal. |
| Microsoft recently committed $1.5 million toward significant improvements to their space. |
| Parking income adds stable, diversified revenue with the option to completely redevelop the lot. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Boise Air Trml/Gowen Field | 18 min | - | 7.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 100 |
| Type: | Surface |
| Included in Rent: | Yes |