250
S. 5th Street, 2nd Floor, Boise, ID 83702
Commercial
Property Types Defined
| *The
list below provides general information about property types but
is not a comprehensive list. An individual property's use is subject
to other guidelines as described by the city or county zoning
entities.
Industrial:
Industrial properties are used for
manufacturing, warehousing or distributing. They are broken down
into two sections: 1) Warehouse space (whse) which is the least
expensive and 2) Office (off) space which is the most expensive
and usually the smallest portion of the unit. See below for a
description of subtypes:
• Flex: A building that can be used
as Industrial space (generally as light manufacturing
or incubator space) or as Office Space. Typically only
grade level doors are available and clear heights are
approximately 10' - 14'.
• Manufacturing: This type of building is used to
manufacture product. They typically have clear heights
in the range of 13' - 18'. They may or may not have dock
high doors but usually have grade level doors.
• Incubator: This type of building is the smallest
of the group and is typically used by startup industrial
companies. They typically have grade level doors but no
dock high doors and clear heights are 10' - 12'.
• Warehouse/Distribution: These buildings are the
largest of the group and are used for warehousing and
distributing products. Clear heights range from 20' -
24'. The building usually has docks doors, grade level
doors, and may be rail served which means they have access
to railways.
• Cross Dock: Buildings are used as a distribution
transfer center and are characterized by a long narrow
building with several dock high doors. Several trucks
will line the building as packages are transferred to
and from each truck.
|
Office: Office
buildings are used for business operations like accounting, insurance,
services, etc. Office buildings are further categorized by quality
and size.
• Class A: The highest quality building
in the market. It is either new construction or well-located
in a central business districts or both. They draw the
highest rent.
• Class B: Class B office buildings are generally
older than Class A buildings provide fewer amenities which
lowers the range of asking rents.
• Class C: The lowest quality building in the market
and lowest range of asking rents. These buildings are
several years old and may be in need of improvements.
• High Rise: High rise office buildings are those
with 5 stories or more. High-rises are only found in Downtown
Boise.
• Mid Rise: Mid rise office building have 3 - 4
stories and are the most common in the marketplace.
• Low Rise: Low rise buildings have
1 - 2 stories.
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Retail:
Retail
properties are defined as shops that sell goods.
• Enclosed Mall: The shops are located
inside the building and accessed through the building's
interior courtyards and hallways.
• Multi-Tenant Anchored (MT Anchored): These centers
have several different shops or tenants and are anchored
by one large, national tenant such as a grocery store.
• Multi-Tenant UnAnchored (MT UnAnchored): These
centers have several shops but not large anchor.
• Single Tenant: Single tenant buildings are small,
single tenant shops like gas stations or stand-alone restaurants.
• Single Tenant Big Box: These shops are large,
single tenant buildings and generally house large national
retailers like a Wal-Mart or Fred Meyer.
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