11,445 SF | Value-Add Triple Net Investment For Sale | Boise, ID
Lee & Associates is pleased to present an outstanding net-leased investment opportunity at 8707 W. State St., Boise, Idaho, an area poised for significant rent growth due to the surrounding surge of new multifamily developments. Priced at $2,815,000, this 11,445 square-foot property spans a 2.12-acre parcel, offering ample parking and excellent accessibility. The property features a flexible building layout, including a garage door on the end cap and the potential to add garage doors in the back, making it highly adaptable for diverse tenant needs. With strong existing tenants, prime visibility, 36,000 AADT (Annual Average Daily Traffic), and proximity to a growing customer base, this investment presents a rare combination of stability and future upside. Additionally, the back parcel offers a value-add opportunity, with potential for development into a mixed-use or multifamily residential project.
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