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Emerald Medical Plaza 6565 W Emerald St 13,047 sq ft Office Property Boise, ID 83704 £3,213,433 (£246.30/sq ft) 6.48% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Brand new roof
- Exposure to Emerald Street
- Potential for additional development
- Long term tenancy (2012)
- Adjacent to St. Al's campus
- New 5-year NNN Lease with 3% annual increases, commencing 8/1/2025
EXECUTIVE SUMMARY
TOK is pleased to offer for sale this fully occupied single tenant medical office building. 6565 W Emerald St is a 13,047 square foot single story building with a basement, occupied and leased by Full Circle Health Emerald Clinic since 2012. The property was remodeled in 2017, with a brand new roof in May of 2025. Situated on 1.7 acres, the property offers ample parking; and high exposure to Emerald St. The property is well located off I-84 and adjacent to the St. Alphonsus campus.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Property Size
13,047 sq ft
Costar Property Class
C
Year Built
1977
Price
£3,213,433
Price per sq ft
£246.30
Yield
6.48%
NOI
£208,360
Tenancy
Single
Number of Floors
1
Typical Floor Size
13,047 sq ft
Plot ratio
0.18
Total Plot Size
1.70 ac
Opportunity Zone
Yes
Use Class
MX-1 - Limited Office District
Parking
80 Spaces (6.13 Spaces per 1,000 sq ft Leased)
1 1
PROPERTY TAXES
| Parcel Number | R1097503350 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,673,750 |
PROPERTY TAXES
Parcel Number
R1097503350
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,673,750
CONTACTS
-
Nick Schuitemaker, CCIM -
Mike Greene CCIM, SIOR -
Peter Oliver CCIM, SIOR -
TOK Commercial
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Emerald Medical Plaza | 6565 W Emerald St
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