1200 N Liberty Street

    Boise, ID 83704
    • $15,500,000
    • STATUS: Active
    • ON SITE: 8 days
    • MLS #: 98712178
    UPDATED: 11 min ago
    $15,500,000
    • 0
      BEDS
    • 5.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 50,612
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2009
    County:
    Ada

    School Ratings & Info

    Description

    Excellent investment opportunity and first time ever hitting the market. Long term secure tenant in place with an estimated 6.4% cap rate. +- 5.8 acre campus with 50,612 leasable square feet. Tenant is nationally known & ranked Carrington College- successful nationally accredited school in 8 states offering heath care careers & education. Located in the states capitol city of Boise. Forbes Magazine for 2018 has Boise as the fastest growing city in the US with population growth (rank #1) and job growth (#2)

    Directions: Curtis. West on Fairview. South on Liberty

    Monthly Payment Calculator



    © 2018 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Five Doors Network | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2018-11-18T10:10:13.687.
    idaho.fivedoorsrealestate.com/homes/89296450

    1200 N Liberty Street Boise, ID 83704

    • Price: $15,500,000
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 98712178
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.8
    Acres
    50,612
    SQFT
    $306
    $/SQFT
    2009
    Built
    Neighborhood:
    Boise West - 0600
    County:
    Ada
    Area:
    Boise West - 0600
    Property Description
    Excellent investment opportunity and first time ever hitting the market. Long term secure tenant in place with an estimated 6.4% cap rate. +- 5.8 acre campus with 50,612 leasable square feet. Tenant is nationally known & ranked Carrington College- successful nationally accredited school in 8 states offering heath care careers & education. Located in the states capitol city of Boise. Forbes Magazine for 2018 has Boise as the fastest growing city in the US with population growth (rank #1) and job growth (#2)

    Directions: Curtis. West on Fairview. South on Liberty
    Exterior Features

    Construction BrickSteelVinyl/Metal Siding Fenced None Land Size 5 - 9.9 Acres Lot Size Length Irr Lot Size Width Irr Parking 101+ Spaces Roof GravelOther

    Interior Features

    Cooling Central Air Floor Construction ConcreteOther Gross Leasable Area SF 50612 Heating Forced AirGas Spaces 100 Structure BasementElevator- PassengerFire AlarmFire SprinklersHandicap AccessLawn SprinklersPaved Outside AreaPaved StreetCableLighting

    Property Features

    Age 6 - 10 Years Anchor Tenant1 Carrington College / Devry University Assumable YN No Average Occupancy Percent 100 Building Class A Cap Rate Percent 6.4 Commercial Type Commercial Cross Street Fairview And Liberty Existing Yes Flood Ins Required YN No Gas Available YN Yes Highlight1 6.4% Cap Rate Highlight2 50612 Leased Square Feet Highlight3 Long Term Lease in Place Highlight4 5.8 Acres In Foreclosure YN No Investment Property Yes Lease Type Nnn Local Improvement Dist YN No Net Lease Investment Yes Occupancy Percent 100 Potential Short Sale YN No Power 110 Volt220 Volt Price Rate Type Price Property Name Landlord Opportunity For Carrington College / Devry University Property To Be Auctioned No Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Sublease YN No Suitable For Industrial Business ParkFlex SpaceOffice Showroom Suitable For Land Office Suitable For Office Medical OfficeBusiness ParkInstitutional/GovOffice Building Terms Consider All Vac Suited For Owner User Yes Water City Service Zoning L-Od

    Listing Courtesy of Amherst Madison.


    © 2018 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Five Doors Network | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2018-11-18T10:10:13.687.
     
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