What is the asking price for Emerald Square?

The lease rate for space here is Contact for pricing.

What is the total size of Emerald Square?

The property has a total square footage of 38,396 SF.

How many parking spaces are available at Emerald Square?

Parking information for the property isn't currently listed. However, other nearby parking options include Capitol City Development Corporation, located 1.35 miles away , and Brady Street Garage, which is 1.43 miles away.

4355 W. Emerald Street, Boise, ID 83706

For Sale $5,375,000
Property Type Office - General Office
Property Size 38,396 SF
Lot Size 2.43 Acre
Parking Ratio 6.00 / 1,000 SF
Building Class B
Year Renovated 2007
Date Updated Jul 20, 2026

Description

Emerald Square is strategically located in Boise’s highly desirable Central Bench submarket, offering exceptional connectivity and accessibility. Positioned just minutes from the I-184 Connector and Downtown Boise, the property provides convenient access to major employment centers, retail corridors, and residential neighborhoods.Emerald Square is offered for sale or lease, presenting a compelling investment or owner-user opportunity to occupy a significant portion of the 38,396-square-foot multi-tenant office building while generating income from existing in-place tenants. Currently 62% leased, the property allows a buyer to step into immediate cash flow and offset occupancy costs with rental revenue, while utilizing available suites ranging from ~1,500 to 7,804 square feet. Offered at $5,375,000 ($140/SF)—well below replacement cost—the asset features clear mark-to-market potential and a defined path to NOI growth through lease-up and rental rate increases, all situated on a 2.43-acre site with R-1C zoning in Boise’s established Central Bench corridor.Introducing the prime commercial space at 4355 W. Emerald Street in Boise, ID. This property offers an array of modern amenities, including fiber optics and electronic key card access. Convenient and ample parking is readily available.

Highlights

2.43 Acre Lot – Zoned R-1C (Residential Traditional), and with neighboring commercial properties, future rezoning consideration can be explored.
Attractive Basis – Offered at $140/SF, below replacement cost, providing a compelling entry point within a high-demand submarket.
Common Area Improvements Underway - Common areas are currently being updated with new lighting, flooring, and paint, enhancing the overall tenant experience and property appeal.
Embedded Rental Upside – Opportunity to grow NOI by marking in-place rents to market over time, supported by current vacancy and near-term lease roll that provide a clear path to capture upside.
Income Producing Opportunity - Great for owner/user with income from other tenants.
Recent Capital Improvements – New Daikin Mammoth 91-ton HVAC RTU installed September 2024, representing a $350,000 capital investment.
Strategic Boise Bench Location – Positioned on Emerald Street in Boise’s Central Bench submarket, with immediate access to the I-184 Connector and Downtown Boise, supporting strong tenant demand and regional connectivity.