Single-Tenant Office
RISE Services, Inc.
3040 - 3098 N Five Mile Rd, Boise, ID 83713
Listing Price: $4,879,400
Investment Overview
RISE is an innovative human services network originally established in 1987 for the purpose of moving individuals living in institutions into family settings. Since that time, services have grown to support children, adults, and families with a variety of needs across multiple states. The capital city of Idaho, Boise is the third-most populous city in the Pacific Northwest region, behind Seattle and Portland. The Boise metro contains five counties in the southwestern part of the state: Gem, Boise, Ada, Canyon, and Owyhee. Roughly a third of the metro's residents live in the city of Boise, followed by Meridian.
RISE Services, Inc.
Investment Highlights
- 13 Years Remaining on Corporate-Guaranteed Lease with RISE Services, Inc.
- One Percent Annual Rental Increases
- Site Includes Four Total Buildings - Recently Renovated in 2021
- 262,498 Residents Within a Five-Mile Radius - Dense Boise Infill
- Rapidly Growing Trade Area - Households and Population Projected to Increase 10 to 11 Percent in the Surrounding Area by 2027
- Situated at a High-Traffic Intersection - More than 35,500 Cars per Day at the Corner of West Ustick Road and North Five Mile Road
- Several National Retailers are Located at the Intersection - Albertsons, Walgreens, Sonic Drive-In, and Dollar Tree
- Within a 15-Minute Drive of Downtown Boise, Boise State University, and Boise Airport
Broker of Record
Financing By
Listing Price: $4,879,400
Investment Highlights
- 13 Years Remaining on Corporate-Guaranteed Lease with RISE Services, Inc.
- One Percent Annual Rental Increases
- Site Includes Four Total Buildings - Recently Renovated in 2021
- 262,498 Residents Within a Five-Mile Radius - Dense Boise Infill
- Rapidly Growing Trade Area - Households and Population Projected to Increase 10 to 11 Percent in the Surrounding Area by 2027
- Situated at a High-Traffic Intersection - More than 35,500 Cars per Day at the Corner of West Ustick Road and North Five Mile Road
- Several National Retailers are Located at the Intersection - Albertsons, Walgreens, Sonic Drive-In, and Dollar Tree
- Within a 15-Minute Drive of Downtown Boise, Boise State University, and Boise Airport
Investment Overview
RISE is an innovative human services network originally established in 1987 for the purpose of moving individuals living in institutions into family settings. Since that time, services have grown to support children, adults, and families with a variety of needs across multiple states. The capital city of Idaho, Boise is the third-most populous city in the Pacific Northwest region, behind Seattle and Portland. The Boise metro contains five counties in the southwestern part of the state: Gem, Boise, Ada, Canyon, and Owyhee. Roughly a third of the metro's residents live in the city of Boise, followed by Meridian.
Broker of Record
Financing By
