deal image
5200 E Franklin RdNampa, ID 83687
Fuller84 Business Park
Asset ClassIndustrial
439,600 SF | 3-Building Distribution Warehouse | Boise, ID | 92% Leased | 7.9 Years of WALT | Two Direct Access Points to Interstate 84
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer an outstanding opportunity to acquire Fuller84 Business Park - Phase II (“the Project” or “the Portfolio”) — a core, three-building distribution warehouse industrial portfolio centrally located in the the Boise MSA. The Portfolio consists of 439,600 total RSF, across three front park, rear loading warehouse distribution buildings. The Project is centrally located within the Boise MSA and just one mile from of I-84, the largest interstate highway in Idaho. I-84 connects Idaho’s largest metro areas and provides direct access to Oregon and Utah making this site ideal for last-mile and regional distribution users.

 

Recently completed, Fuller84 Business Park - Phase II is currently 92% leased to a strong, credit-worthy roster of five tenants, boasting a weighted average lease term (WALT) of 7.9 years. Immediate value creation exists through the lease-up of a single 34,740 SF vacant suite in Building 6. The Project features modern construction with minimum 32’ clear heights, on-site trailer parking, ample loading doors, ESFR sprinklers, and exceptional tenant visibility from Franklin Road.

 

The Portfolio is strategically positioned in the Nampa submarket of Boise, the fastest-growing city in Idaho, which saw an impressive 13.9% population growth from 2020 to 2023. The submarket continues to demonstrate strong market momentum, absorbing 978,315 SF in Q4 2024, representing the majority of leasing activity in the region.

 

Fuller84 Business Park offers direct access to Interstate 84, a vital northwestern freight corridor and the primary transportation artery for the Boise metropolitan area. Additionally, the Project provides proximity to abundant retail and entertainment amenities, a key factor for tenants seeking to attract and retain top-tier labor.

 

Boise Valley’s strategic location and rapid economic expansion have solidified its position as one of the nation’s fastest-growing metro and industrial markets. This growth is fueled by increasing demand for warehousing, manufacturing, and distribution facilities, driven by years of sustained population and economic expansion.

 

Access the Data Room
5200 E Franklin RdNampa, ID 83687

Sales Team

Inquire

Listing provided by Revere CRE