503-221-4813
, Boise, ID for Sale
Industrial - FOR SALE
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Red River Commerce Center Bldg B & C
Boise, ID


HIGHLIGHTS

  • Durable Income Stream - 100% leased to credit tenants Micron, Platt Electric, and DB Schenker
  • High Growth Market - Boise is one of the fastest growing cities in the U.S. with 8.6% population growth over the last 5 years.
  • Market Leading Industrial Buildings - Class A buildings easily demisable to 35KSF, targeting the sweet spot of tenant demand in Boise
  • City of Boise Light Industrial District (M-1D) allows for wide variety of industrial uses
  • Separately parceled providing flexibility on exit
  • Opportunity to buy 100% leased new construction at a below replacement cost basis

OVERVIEW

CBRE is pleased to present the opportunity to acquire Red River Commerce Center Bldg B & C (“The Property”), two Class A rear-loaded logistics buildings totaling 220,592 SF in Boise, ID. Red River Commerce Center is 100% leased to blue chip tenants Micron Technologies, DB Schenker, and Platt Electric with 6.4 years of WALT remaining. The mission critical property is located less than a mile from I-84, is proximate to the Boise Airport, and is 2.1 miles from the $15Bn Micron fabrication plant expansion, where all three tenants are supporting contractors. The property is situated on 18.2 Acres and features best-in-class finishes including 32’ clear heights, ESFR sprinklers, LED lighting, and ample trailer parking. The nearby Meta Data Center construction and the ongoing Micron expansion will continue to drive demand in the Airport submarket over the next several years; Micron plans to invest an additional $50Bn in domestic leading edge memory manufacturing through 2030.

ASK ABOUT THIS PROPERTY

Paige MorganCBREMore Info
503-221-4813

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Paige MorganCBREMore Info
503-221-4813

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.