Map of Property

3040 North Five Mile Road

For Sale

3040 North Five Mile Road, Boise, ID 83713

This Boise property for sale is located at 3040 North Five Mile Road. The general use of 3040 North Five Mile Road is office and it incorporates 23,916 square feet of class A office space. The current listed sale price for 3040 North Five Mile Road is $5,077,432. 3040 North Five Mile Road is situated on a lot that is 2.16 acre in size.

Contacts

Matt Mahoney

Lee & Associates

Property Details

  • Property Type Office - Medical Office
  • Property Size 23,916 SF
  • Lot Size 2.16 Acre
  • Building Class A
  • Year Built 1999
  • Year Renovated 2021
  • Date Updated Jul 31, 2026
.Lee & Associates is pleased to present the exclusive opportunity to acquire a premier four building, net leased investment located in the heart of Boise, Idaho. This institutional-quality offering provides investors with stable in place cash flow from a credit tenant operating in an essential, government funded industry while offering significant long-term value creation. Priced substantially below today’s replacement cost and leased at below market rates, the property represents an opportunity to acquire a strategically located asset at an attractive basis that provide potential for future income growth as leases expire. Flexible ownership structure, with each building situated on its own legal parcel, allowing for future disposition, refinancing, or portfolio management strategies on an individual basis. Surrounded by dense established rooftops in one of Boise’s most desirable infill locations, the property benefits from strong underlying real estate fundamentals, exceptional accessibility, and positioned in a low vacancy market.
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Highlights

  • CREDIT TENANT: Leased to a tenant with more than $150 million in annual revenue.
  • RENTAL UPSIDE: Leased at below market lease rates, providing upside potential through future lease renewals
  • VALUE PRICING: Priced below replacement cost, creating an attractive value opportunity

Attachments

Getting around

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  • 17/100

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  • 68/100

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Location

  • City Boise, ID
  • Neighborhood West Valley
  • Zip Code 83713
  • Market Boise

Points of Interest

  • ChargePoint

    0.05 miles

  • Sinclair

    0.06 miles

  • Shell

    0.97 miles

  • Maverik

    0.98 miles

  • Chevron

    1.03 miles

  • Phillips 66

    1.35 miles

  • Co-Energy

    1.63 miles

  • Stinker

    1.64 miles

  • Clean Energy

    1.66 miles

  • Walmart

    1.83 miles

  • RV Parking

    3.63 miles

  • Ridge to Rivers Seamans Gulch Parking

    4.55 miles

  • Collister Trailhead

    4.93 miles

  • Harrison Hollow Trailhead Parking Lot

    5.33 miles

  • Capitol City Development Corporation

    5.36 miles

  • Grove Street Parking Garage

    5.52 miles

  • City Center Parking Garage

    5.57 miles

  • Wells Fargo Center Parking Garage

    5.57 miles

  • State of Idaho CMP Parking

    5.60 miles

  • Myrtle Street Parking Garage

    5.63 miles

  • Hyatt Place Boise/Towne Square

    1.98 miles

  • La Quinta Inn

    2.27 miles

  • Springhill Inn & Suites

    2.29 miles

  • Fairfield Inn & Suites

    2.31 miles

  • My Place Hotel

    2.40 miles

  • Country Inn & Suites

    2.46 miles

  • Candlewood Suites Boise - Towne Square

    2.53 miles

  • Residence Inn

    2.65 miles

  • Travelers Motel

    3.24 miles

  • Hampton

    3.32 miles

  • Albertsons

    0.16 miles

  • Asia Market

    1.04 miles

  • WinCo Foods

    1.64 miles

  • The Shops on Milwaukee

    1.76 miles

  • Walmart Supercenter

    1.81 miles

  • Natural Grocers

    1.85 miles

  • Idaho Capital Asian Market

    1.89 miles

  • Walmart Neighborhood Market

    1.90 miles

  • Trader Joe's

    1.91 miles

  • Boise Co-Op

    1.95 miles

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