About 1110 N Five Mile Rd
Exceptional Investment Opportunity | Above 6% Cap Rate – Boise, Idaho Presenting a Class A office building in Boise with a strong investment profile and a 6.36% cap rate. Recently renovated throughout (completed September), this property offers modern upgrades, functional layouts, and excellent tenant appeal. Tenant Mix: Currently leased to six tenants, including a primary anchor tenant who occupies the majority of the building and carries significant CAM charges. Leasing Stability: Two additional full office suites on the west side feature newly executed long-term leases. Smaller office tenants in the main building are on short-term agreements (month-to-month or 6-month leases), with minimal risk of income disruption as the anchor tenant has expressed interest in absorbing any vacated space.
Features of 1110 N Five Mile Rd
| MLS® # | 98972899 |
|---|---|
| Price Per SQFT | $253 |
| Square Footage | 8,290 |
| Acres | 0.91 |
| Year Built | 1997 |
| Type | Commercial Sale |
| Status | Active |
Listing Map
Community Information
| Address | 1110 N Five Mile Rd |
|---|---|
| Area | |
| Subdivision | |
| City | Boise |
| County | Ada |
| State | ID |
| Zip Code | 83713 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| Parking | 21 - 50 Spaces |
| Is Waterfront | No |
| Has Pool | No |
| Virtual Tour | View Virtual Tour |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Paved Outside Area |
|---|---|
| Lot Description | 1/2 - .99 Acre, Lawn Sprinklers |
| Roof | Composition |
Additional Information
| Date Listed | January 27th, 2026 |
|---|---|
| Days on Market | 198 |
| Office | exp Realty, LLC |
| Contact Info | bobbass@bobbass.com |
Price History
| Status Changed from Back on Market to Active | – | |
| Status Changed from Pending to Back on Market | – | |
| Status Changed from Active to Pending | – | |
| Status Changed from Price Change to Active | – | |
| Status Changed from Active to Price Change | – | |
| Price Reduced from $2,200,000 to $2,100,000 | ↓ $100,000 (4.55%) | |
| Status Changed from New to Active | – | |
| 01/27/2026 | Listed for sale at $2,200,000 |