Discover the unparalleled potential of The Treasure Valley/Boise industrial market with this exclusive acquisition opportunity. Situated in one of the region's most in-demand locations, 479 and 489 N Broadmore Way were built in 2023 and 2024, offering 14,792 and 29,700 square feet of warehouse space respectively. These properties span a combined 3.89 acres, including a 1-acre paved and fenced yard, and feature offices, grade-level doors, and mezzanines.
Their strategic location near Interstate 84 ensures maximum appeal to tenants. Investors will gain access to prime real estate near the city's core, where new development is limited. Both warehouses are fully leased to individual Fortune 500 companies on long-term Triple Net leases with built-in escalations and renewal options.
The Treasure Valley, encompassing Idaho's largest metro area with cities like Boise, Nampa, and Meridian, is a key player in the national industrial market. Historically driven by logistics, the area has now become a hub for cutting-edge manufacturing, especially in the tech component and semiconductor industries. For example, Micron’s significant investment has spurred demand for additional warehouse space, as seen with Trane's 26,000-square-foot lease in Nampa during Q3 2024. The average industrial lease size from 2021 to 2025 was 14,514 square feet, making 479 and 489 N Broadmore Way ideally suited to meet market demand.
With a strong talent pipeline and rapid population growth (welcoming 60,000 new residents from 2020 to 2024), The Treasure Valley remains a magnet for investment. Rental rates have surged, recently hitting a 7.4% annual rate increase. This portfolio offers a premier opportunity for investors to secure income-producing properties in one of the nation’s strongest industrial markets, poised for long-term appreciation.