OLYMPUS BUILDING FOR SALE

Transcription

1 OLYMPUS BUILDING FOR SALE 6225 N. MEEKER PLACE BOISE, ID LEE & ASSOCIATES IS PLEASED TO PRESENT THE OLYMPUS BUILDING FOR SALE. LOCATED IN THE BOISE RESEARCH CENTER AND CONSISTING OF 22,784 SF. THIS CLASS A OFFICE SPACE IS LOCATED NEAR CHINDEN AND CLOVERDALE, EASILY ACCESSIBLE FROM MOST AREAS IN THE TREASURE VALLEY.

2 INTERIOR EXAMPLE BREAK ROOM EXAMPLE ENTRY EXAMPLE - ECONOMIC DATA SALE PRICE : $2,800,000 PRICE/SF: $ PROPERTY FEATURES LOCATION BUILDING DATA THIS CLASS A OFFICE BUILDING IS LOCATED DIRECTLY OFF HIGHWAY BUILDING TYPE: CLASS A OFFICE 26/CHINDEN BLVD. IN THE BOISE RESEARCH CENTER. MANY AMENITIES OFFICE SF: 22,784 SF AND PROFESSIONAL SERVICES ARE CONVENIENTLY LOCATED. EASILY PARCEL #: R ACCESSIBLE FROM ANY AREA IN THE TREASURE VALLEY, AMPLE PARKING ZONING: T-1D AND RETAIL TENANTS SUCH AS THE HUMAN BEAN, JIMMIE JOHNS, BURGER LAND SIZE: 1.65 ACRES KING AND GUIDO S NEARBY.

3 1ST LEVEL FLOOR PLAN Bear Fox Marketing FAST Enterprises MRI Mobile Projected Capitol N

4 2ND LEVEL FLOOR PLAN Vacant Royal Jay Pafreyman CPA LIHTC N

5 N. Discovery Way N. Meeker Place NEARBY AMENITIES

6 FINANCIALS & RENT ROLL LOWER THAN REPLACEMENT COST FINANCIAL SUMMARY SUMMARY SALES ASKING PRICE $2,800,000 ANNUAL GROSS OPERATING INCOME $311,466 EXPENSES $135, NOI $176,299 APPROXIMATE RENTABLE SQUARE FEET 22,784 ASKING PRICE PER SF $ All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

7 NOTABLE TENANTS OCCUPIES: 1963 SF SUITE: 150 1ST FLOOR OCCUPIES: 2865 SF SUITE: 130 1ST FLOOR OCCUPIES: 5611 SF SUITE: 100 1ST FLOOR AT BEAR FOX MARKETING, WE PARTNER WITH YOUR BUSINESS TO HELP YOU GROW! WE FOCUS ON POWERFUL, SMART DIGITAL MARKETING SOLUTIONS TO DRIVE REVENUE GROWTH AND MAXIMIZE THE RETURN ON YOUR MARKETING INVESTMENTS (ROI). BEAR FOX MARKETING CONSIDERS YOU A PARTNER AND WILL HELP YOU IDENTIFY THE BEST STRATEGIES THAT WILL CREATE VALUE FOR YOUR BUSINESS AND HELP EXCEED YOUR OBJECTIVES. MRI MOBILE WAS FOUNDED BY A GROUP OF PROGRESSIVE PHYSICIANS AND INDIVIDUALS WHOSE STATED MISSION WAS TO PROVIDE EXCEPTIONAL DIAGNOSTIC IMAGING QUALITY AND TO EXCEED BOTH PATIENT AND PHYSICIAN EXPECTATIONS FOR SERVICE AND PATIENT CARE.IN THE NATION TO SEEK AND ACHIEVE AMERICAN COLLEGE OF RADIOLOGY (ACR) ACCREDITATION, WHICH HAS NOW EVOLVED AS THE GOLD STANDARD FOR MRI IMAGE QUALITY. FAST IS DEDICATED TO PROBLEM SOLVING, CREATING SOLUTIONS, AND MAINTAINING STRONG PARTNERSHIPS WITH GOVERNMENT AGENCIES. EVERY DAY OUR PROFESSIONALS LEVERAGE THEIR WORLDWIDE PUBLIC SECTOR AND TECHNOLOGY EXPERIENCE IN TEAMING WITH NATIONAL, STATE/PROVINCIAL, AND LOCAL GOVERNMENT AGENCIES IN NORTH AMERICA, EUROPE, ASIA-PACIFIC, AND THE CARIBBEAN.

8 NOTABLE TENANTS LIHTC OCCUPIES: 5773 SF SUITE: 250 2ND FLOOR OCCUPIES: 1491 SF SUITE: 210 2ND FLOOR HEALTHCARE TECHNOLOGY: WE BUILD SOFTWARE THAT SHAPERS HEALTHCARE, CONNECTING AND EXCHANGING DATA SECURELY. APPLICATION DEVELOPMENT: BUILDING CUSTOM SOFTWARE THAT IS RELEVANT TO YOUR CURRENT NEEDS, YET SCALABLE TO SUPPORT YOUR FUTURE GOALS. DIGITAL MARKETING: AS TRUSTED ADVISORS, WE ALWAYS BRING INCREASED VALUE AND EXPERTISE TO THE TABLE, AND HIT THE GROUND RUNNING. THE LOW-INCOME HOUSING TAX CREDIT (LIHTC) IS THE MOST IMPORTANT RESOURCE FOR CREATING AFFORDABLE HOUSING IN THE UNITED STATES TODAY. THE LIHTC DATABASE, CREATED BY HUD AND AVAILABLE TO THE PUBLIC SINCE 1997, CONTAINS INFORMATION ON 45,905 PROJECTS AND 2.97 MILLION HOUSING UNITS PLACED IN SERVICE BETWEEN 1987 AND 2015.

9 TRAFFIC COUNTS Highway 26/Chinden Blvd. W. Explorer Dr. N TRAFFIC COUNTS STREETS CROSS 30,177 HIGHWAY 26/CHINDEN BLVD. W. EXPLORER DR. 7,941 W. EXPLORER DR. N. CLOVERDALE 41,019 EAGLE RD. HIGHWAY 26/CHINDEN BLVD.

10 SUBMARKET MAP North Downtown Southeast Boise River West Central Airport Southwest All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

11 EMPLOYMENT AND ECONOMIC STRENGTH TREASURE VALLEY STATISTICS SINCE 2006, THE ADA COUNTY LABOR FORCE HAS GROWN BY OVER 31,000, WITH 3.4% GROWTH BETWEEN 2015 AND 2016 ALONE. IN THE PAST DECADE, ADA COUNTY HAS INCREASED THE NUMBER OF JOBS BY ALMOST 19,000, AN IMPRESSIVE FIGURE CONSIDERING THIS TIME FRAME INCLUDED THE WORST RECESSION IN RECENT HISTORY. ADA COUNTY HAS MORE JOBS THAN ITS LABOR FORCE CAN SUPPORT, REQUIRING COMMUTERS FROM NEIGHBORING COUNTIES TO FILL THEM. IDAHO IS VOTED THE 6TH MOST INVENTIVE STATE IN THE COUNTRY, AND 1ST IN PATENTS PER CAPITA (COMMERCE.IDAHO.GOV). IDAHO S ECONOMY IS ONE OF THE STRONGEST IN THE NATION, THANKS TO A COMBINATION OF LOW TAXES, A BALANCED STATE BUDGET, AND A COMMON SENSE REGULATORY ENVIRONMENT. IDAHO BOASTS THE 2ND LOWEST PROPERTY TAX IN THE COUNTRY, 6TH BEST ECONOMIC OUTLOOK. NOT ONLY IS IDAHO THE 3RD HIGHEST FOR PROJECTED JOB GROWTH RATE AND THE MOST IMPROVED STATE FOR BUSINESS, IT WAS ALSO VOTED THE MOST FRIENDLY STATE FOR SMALL BUSINESS. IDAHO STANDS BESIDE BUSINESS RATHER THAN STANDING IN THE WAY. KEY MARKET ACCESS an FORBES #1 PLACE TO LIVE IDAHO S EASY ACCESS TO KEY MARKETS THROUGHOUT THE UNITED STATES AND BEYOND IS A MAJOR FACTOR IN BUSINESSES DECISION TO LOCATE HERE. WITH 5 INTERSTATES, 20 US HIGHWAYS, 30 STATE HIGHWAYS 7 COMMERCIAL AIRPORTS AND OVER 1,500 MILES OF RAIL, IDAHO HAS A STABLE TRANSPORT SYSTEM TO SUPPORT ANY SHIPPING NEEDS. THE BOISE VALLEY ARE HOME TO SOME OF THE REGION S TOP EMPLOYERS SUCH AS MICRON TECHNOLOGY, JR SIMPLOT, BLUE CROSS OF IDAHO, HEWLETT PACKARD AND BODYBUILDING.COM. FORBES CONSISTENTLY RANKS THE BOISE METRO AREA AS ONE OF THE TOP PLACES IN THE COUNTRY TO DO BUSINESS, HIGH QUALITY OF LIFE, RAISING A FAMILY, ENTERTAINMENT AND RECREATION.

12 BOISE NATIONAL RANKINGS TOP 25 BEST PERFORMING CITIES MILKEN INSTITUTE DECEMBER 2016 #1 LOWEST COST METRO IN PACIFIC U.S. KPMG COMPETITIVE ALTERNATIVES APRIL 2016 TOP 10 BEST AIR QUALITY REALTOR.COM APRIL 2016 #6 BEST PLACE TO LIVE U.S. NEWS & WORLD REPORT MARCH 2016 TOP 20 AMERICAS FASTEST GROWING CITIES FORBES MARCH 2016 #6 BEST DOWNTOWN LIVABILITY MARCH 2016 TOP 10 BEST CAPITAL CITY WALLETHUB FEBRUARY 2016 All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

13 MEDIAN ANNUAL 31,590 UNEMPLOYMENT 2.9% POPULATION 1 MILE 94,525 Boise Valley Statistics: Median Age: 34.2 Bachelors Degree or Higher: 19.5% White Collar Workers: 36% Blue Collar Workers: 63% Median Hourly: $15.19 Mean Hourly: $19.74 Median Annual: $31,590 Mean Annual: $41,070 Source: GemStateProspector.com an application powered by GISPlanning MEDIAN AGE POPULATION 5 MILES 163,861 MEDIAN HOURLY 34.2 $15.19 LOCAL EMPLOYMENT DATA All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

14 LARGE EMPLOYERS Micron Technology, Inc. St. Luke s Health Systems St. Alphonsus Health System Hewlett-Packard Company J.R. Simplot Company IDACorp (Idaho Power) WinCo Foods, LLC Albertson s/supervalu URS Corp. - Washington Group Wells Fargo, N.A. U.S. Bank Boise Inc. Bodybuilding.com MWI Veterinary Suppy, Inc. Key bank Scentsy, Inc. Lactalis American Group CUSTOMER SUPPORT CENTERS Wells Fargo, N.A. DIRECTV Alaksa Airlines WDS Global CenturyLink Albertson s/supervalu T-Mobile U.S.A, Inc. EDS, an HP Company Citi Card Intermountain Gas Company ProService Boise HP Shopping.com TARGET INDUSTRIES Food Processing & Agri-Business Technology Manufacturing Professional Services: Back-Office & Shared Services SCIENTIFIC/TECHNICAL SERVICES ENGINEERING ARCHITECTURE, LEGAL CSHQA, a design collaboration HDR, Inc. CH2M Hill Power Engineers Hawley Troxell Eide Bailly, LLP Givens Pursley, LLP Perkins Cole, LLP Stoel Rives, LLP URS Corporation Balihoo Healthwise Clearwater Analytics Keynetics, Inc. INL - Battelle Entergy Alliance Enphase Energy LOCAL EMPLOYMENT DATA All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

15 OLYMPUS BUILDING FOR SALE 6225 N. MEEKER PLACE BOISE, ID FOR MORE INFORMATION CONTACT: Michael Bergmann Associate Brian Herbert Principal