Boise Industrial

Boise

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,840
As of: June 23, 2017

Boise Rates

On average, listings lease in the $30's per square foot per year. The Boise region is experiencing a an increase in rates. In the last 3 months, the median rate went up $40 per sqft per year.

Compared to the rest of the Greater Portland market, the Boise region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Boise Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 600% of the listings in the Boise are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,840 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 6 stories. Most buildings in this market were built in 2005 and are Class B.

Boise Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Boise folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Boise.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Boise.
Research