By signing in, you agree with: Terms & Conditions, Privacy Policy and Copyright







TOK Is pleased to present this unique opportunity to purchase the Flex Work Space business complex. This property consists of three multi-tenant light industrial buildings and three multi-tenant office buildings. With increasingly strong rent rolls and the potential for increase in rent, this property is competitively valued with a cap rate at 7.00%.
Highlights
Six multi-tenant office/flex buildings
87.4% occupied
2007 remodel
New roofs on Buildings 3 & 4
Located near St. Alphonsus Medical Center
Close proximity to the I-84 Connector
Easy access to Downtown Boise or Meridian
Priced below replacement cost ($91.74/SF)
Located in Boise’s only Opportunity Zone
Investor repositioning with upside in below-market rents
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 11,619 | 100,441 | 221,183 | |
| Population Median Age | 36 | 38 | 38 | |
| Population by Age | 0-9 Yrs | 1406 (12%) | 11271 (11%) | 25834 (11%) |
| 10-19 Yrs | 1345 (11%) | 11848 (11%) | 27390 (12%) | |
| 20-29 Yrs | 2318 (19%) | 18174 (18%) | 36160 (16%) | |
| 30-39 Yrs | 1997 (17%) | 15857 (15%) | 33861 (15%) | |
| 40-49 Yrs | 1272 (10%) | 12323 (12%) | 26932 (12%) | |
| 50-59 Yrs | 1170 (10%) | 11689 (11%) | 26451 (11%) | |
| 60-69 Yrs | 975 (8%) | 10449 (10%) | 24355 (11%) | |
| 70+ Yrs | 1137 (9%) | 8830 (8%) | 20201 (9%) | |
| Median HH Income | $40,628 | $49,142 | $56,489 | |
| Total Household Income | < 24K | 1488 (29%) | 10425 (24%) | 19252 (21%) |
| 25-49K | 1640 (32%) | 11131 (26%) | 21025 (23%) | |
| 50-74K | 1022 (20%) | 8540 (20%) | 17317 (19%) | |
| 75-99K | 506 (9%) | 4793 (11%) | 11381 (12%) | |
| 100-199K | 387 (7%) | 6037 (14%) | 16747 (18%) | |
| 200K+ | 43 (0%) | 1457 (3%) | 4688 (5%) | |
| Highest Education Level | No Diploma | 685 | 4608 | 8172 |
| Diploma or GED | 2759 | 18127 | 34495 | |
| Some College | 1941 | 16947 | 36362 | |
| Assoc. Degree | 609 | 6727 | 14443 | |
| Bachelors Degree | 1285 | 15209 | 37946 | |
| Higher Degree | 484 | 7079 | 19228 | |
| Total Housing Units | 5,528 | 45,069 | 95,684 | |
| --Owner-Occupied | 1,730 | 21,470 | 52,958 | |
| --Renter-Occupied | 3,355 | 20,914 | 37,453 | |
| Owner-Occupied Values | < 100K | 119 | 1966 | 3475 |
| 100-199K | 879 | 7978 | 15136 | |
| 200-299K | 506 | 6909 | 17843 | |
| 300-399K | 161 | 2732 | 9429 | |
| 400-499K | 11 | 966 | 3426 | |
| 500K+ | 55 | 918 | 3649 | |
| Total Working Age Population | 9,337 | 82,855 | 179,764 | |
| In Work Force | 6,389 | 57,486 | 122,693 | |
| Not In Work Force | 2,948 | 25,369 | 57,071 | |
| Workforce Employed | 6,117 | 54,765 | 116,684 | |
| Workforce Unemployed | 236 | 2,617 | 5,448 | |
| Civlian Workforce | 6,353 | 57,382 | 122,131 | |
| Military Workforce | 36 | 104 | 562 | |
| Total Households | 5,085 | 42,383 | 90,411 | |
| Family Households | 2,320 | 21,157 | 49,804 | |
| Non-Family Households | 2,765 | 21,226 | 40,606 | |
| Married Couple | 1,501 | 15,180 | 37,850 | |
| Other Family | 819 | 5,976 | 11,955 | |
| Married w/Child | 690 | 5,681 | 14,570 | |
| Single Male w/Child | 99 | 1,019 | 1,972 | |
| Single Female w/Child | 367 | 2,378 | 4,833 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Idaho | 1,293,953 | +21 | 1,567,582 | +13 | 1,766,032 | +6 | 1,880,212 |
| Ada County | 300,904 | +30 | 392,365 | +23 | 481,544 | +11 | 533,734 |
| Boise County | 6,670 | +5 | 7,028 | +3 | 7,233 | +1 | 7,288 |
| Elmore County | 29,130 | -7 | 27,038 | -7 | 25,168 | -6 | 23,618 |
| Owyhee County | 10,644 | +8 | 11,526 | -2 | 11,306 | -2 | 11,118 |