What is the typical cap rate for other in Boise?

About 5.3% as of Q1 2026, per Cushman & Wakefield.

Is the Boise other market tightening or softening?

Vacancy is around 10.6% (Q1 2026).

Other

1311 E. Franklin Rd.

1311 e. franklin rd., meridian, ID 83642

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$16.54/SF

Mid

$20.67/SF

High

$24.81/SF

Tier Used

tax_cap_reverse

Estimated from market cap rate (5.2%), property tax rate (0.01%), and wage-adjusted baseline.

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$20.67/SF	—	tax_cap_reverse
Utilities	—	7.0¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1365/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
BLS QCEW	wage_index	—	—	quarterly	—

Data sources used

market_reportsproperty_taxwage_index

Description

For Sublease ±6,660 SF Office/Flex This exceptional office/flex space is centrally located, offering excellent visibility directly on Franklin, and features an office/flex layout complete with a convenient warehouse roll-up door. Available as Suite 101/102/103, this property encompasses approximately ±6,660 SF and is offered as a NNN sublease with an attractive lease rate of $9.82/SF NNN, plus estimated NNN expenses of $4.70/SF and utilities. The sublease is available through August 31, 2027.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1311 e. franklin rd., meridian, ID 83642

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Boise other market showed a 10.6% vacancy rate, average asking rents near $23.00/SF/yr, and cap rates around 5.3%. Source: Cushman & Wakefield Q1 2026 market report.

Compare it against other other listings for sale in Meridian, ID to benchmark pricing and space — view the full market.

Other market FAQ

What is the typical cap rate for other in Boise?: About 5.3% as of Q1 2026, per Cushman & Wakefield.
Is the Boise other market tightening or softening?: Vacancy is around 10.6% (Q1 2026).

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.