121 N Phillippi St - Warehouse FOR SALE


Boise, ID 83706
$6,000,000 USD
208-947-0814
121 N Phillippi St, Boise, ID for Sale
$6,000,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

121 N Phillippi St
Boise, ID 83706


HIGHLIGHTS

  • Fully occupied buildings, at below market rents, with short remaining lease terms, creating opportunities for near term upside and owner-users
  • Average in place rents are $0.45 SF/mo modified gross
  • Leases expire in 2025, 2026, 2029

OVERVIEW

This 35,440 SF industrial property, built in 1987, offers a strategic location and I-1 zoning, perfectly suited for warehouse and distribution operations. Currently fully occupied with below market rents and short remaining lease terms, this property presents compelling near-term upside potential for investors.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.59

LAND SF

69,086

ZONING

I-1

APN/PARCEL ID

R7777811029

ASK ABOUT THIS PROPERTY

John StevensTOK CommercialMore Info
208-947-0814

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John StevensTOK CommercialMore Info
208-947-0814

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