Office Owner-User or Value-Add Investment | Cottonwood Plaza

For Sale

350 N Mitchell St, Boise, ID 83704

This Boise property for sale is located at 350 N Mitchell St. The general use of Office Owner-User or Value-Add Investment | Cottonwood Plaza is office and it incorporates 43,142 square feet of class B office space. The current listed sale price for Office Owner-User or Value-Add Investment | Cottonwood Plaza is $7,550,000. Office Owner-User or Value-Add Investment | Cottonwood Plaza is situated on a lot that is 4.1 acre in size.

Contacts

Kekaula Kaniho

TOK Commercial Real Estate

Property Details

  • Property Type Office - General Office
  • Property Size 43,142 SF
  • Lot Size 4.1 Acre
  • Building Class B
  • Year Built 2000
  • Date Updated May 12, 2026
Located in the heart of West Boise near Emerald Street and just minutes from I-184, Cottonwood Plaza offers convenient access to Downtown Boise, the Boise Airport, and the broader Treasure Valley. The property is surrounded by a strong mix of retail, dining, and business services, with nearby national retailers and major employment hubs supporting the area’s continued growth and demand.Cottonwood Plaza presents a rare opportunity to acquire a 43,142 SF multi-tenant office building in the heart of West Boise at a compelling 7.5% cap rate. Built in 2000 and currently 87% occupied, the property is home to four nationally recognized tenants — Zayo, Bartlett Roofing, Giltner Logistics, and Accel Therapies — all operating under NNN leases with 3% annual rent escalations. Bartlett Roofing has notified ownership that they expect to vacate at their lease expiration of 08/31/2027. With the current NOI of $566,117 and 5,625 SF currently vacant and Bartlett Roofing’s 17,404 SF becoming available on 09/01/2027, there is meaningful vacancy that an owner-user or value-add investor could benefit from. Priced at $7,550,000 ($175/SF), Cottonwood Plaza offers an attractive opportunity for an owner-user to secure immediate occupancy with the ability to expand as Bartlett Roofing’s near-term lease expiration creates additional availability, while benefiting from current income generated by Zayo, Accel Therapies, Giltner Logistics and Bartlett Roofing (through 08/31/2027). It also suits value add investors seeking a well located West Boise asset with stable cash flow today and meaningful upside through lease up and re tenanting of space turning over in 2027.
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Highlights

  • 7.5% cap rate with $566,117 in-place NOI on a $7,550,000 price, offering immediate, stable cash flow in today’s market.
  • 87% leased to established, credit-quality tenants including Zayo, Bartlett Roofing, Giltner Logistics, and Accel Therapies, all on NNN leases with 3% annual increases.

Attachments

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Location

  • City Boise, ID
  • Neighborhood Maple Grove - Franklin
  • Zip Code 83704
  • Market Boise

Points of Interest

  • Stinker

    0.52 miles

  • Sinclair

    0.53 miles

  • Co-Energy

    0.66 miles

  • Chevron

    0.82 miles

  • Clean Energy

    0.91 miles

  • Maverik

    0.91 miles

  • Albertsons

    1.29 miles

  • Shell

    1.30 miles

  • Tesla Supercharger

    1.62 miles

  • ChargePoint

    1.80 miles

  • RV Parking

    1.95 miles

  • Capitol City Development Corporation

    4.73 miles

  • Rental car lot

    4.77 miles

  • Brady Street Garage

    4.78 miles

  • Boise Airport West Garage

    4.82 miles

  • Boise Airport Central Garage

    4.89 miles

  • Boise State University Visitor Parking Lot

    4.89 miles

  • Grove Street Parking Garage

    4.89 miles

  • City Center Parking Garage

    4.91 miles

  • Myrtle Street Parking Garage

    4.93 miles

  • Hyatt Place Boise/Towne Square

    0.98 miles

  • La Quinta Inn

    1.14 miles

  • Fairfield Inn & Suites

    1.22 miles

  • Candlewood Suites Boise - Towne Square

    1.53 miles

  • Residence Inn

    1.59 miles

  • Oxford Suites Boise

    1.64 miles

  • Homewood Suites Boise

    1.86 miles

  • Hampton Inn & Suites

    1.91 miles

  • Hilton Garden Inn Boise Spectrum

    1.95 miles

  • Country Inn & Suites

    2.49 miles

  • Asia Market

    0.78 miles

  • Target

    0.88 miles

  • Ross

    0.89 miles

  • TJ Maxx

    0.94 miles

  • Natural Grocers

    1.03 miles

  • Sears

    1.09 miles

  • The Shops on Milwaukee

    1.16 miles

  • Macy's

    1.19 miles

  • Albertsons

    1.22 miles

  • WinCo Foods

    1.27 miles

Contact Listing Broker
Kekaula Kaniho

TOK Commercial Real Estate

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