121 North Phillippi Street

121 North Phillippi Street Boise, ID 83706

121 North Phillippi Street, Boise, ID, 83706
121 North Phillippi Street, Boise, ID, 83706 121 North Phillippi Street, Boise, ID, 83706 121 North Phillippi Street, Boise, ID, 83706 121 North Phillippi Street, Boise, ID, 83706 121 North Phillippi Street, Boise, ID, 83706
FOR SALE
Property Type:
Warehouse
Amount:
$6,000,000
Last Verified:
Dec 09, 2024

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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

Description

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.

121 N Phillippi St offers a dynamic business environment ideal for industrial, warehouse, and distribution operations.


Year Built: 1987
Building Size: 35440sq ft
Lot Size: 1.59 acres


Documents

Offering Memorandum

Map of 121 North Phillippi Street, Boise, ID, 83706

Presented by:
TOK Commercial

Request additional information
John Stevens


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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