Contacts

Michael Greene

TOK Commercial Real Estate

Property Details

Property Type Office - General Office
Property Size 40,491 SF
Building Class A
Date Updated Feb 25, 2026

Located just three blocks from the downtown core and surrounded by major employers, civic institutions, and over 132,000 employees within a five-mile radius, 401 W Front Street offers investors both durable income today and meaningful long-term investment potential in one of the Mountain West’s strongest-performing markets.401 W Front Street presents a rare opportunity to acquire a Class A office investment in the heart of downtown Boise, offered below replacement cost and anchored by institutional-grade tenancy including Microsoft and LPL Financial. The offering consists of 40,491 square feet across three floors within an 80,478-square-foot building built in 2007, currently 100% occupied. The property generates $712,819 in actual NOI, offering a 6% cap rate at the $11,880,318 asking price, and features professionally built-out suites, staggered lease expirations, and diversified industry tenancy supporting long-term income stability.

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Highlights

Direct access to parking lot enhances tenant convenience and leasing appeal.
Diverse tenant mix across industries supports long-term occupancy stability.
Microsoft and LPL Financial are two publicly traded companies, providing institutional-grade income security.
Microsoft recently committed $1.5 million toward significant improvements to their space.
Offered below replacement cost, providing immediate value to investors.
Parking income adds stable, diversified revenue with the option to completely redevelop the lot.
Professionally built-out floors with quality finishes and flexible layouts.
Staggered lease expirations reduce rollover risk and maintain consistent cash flow.