BOISE MSA | Q3 2026 INVESTMENT MARKET TRENDS
BOISE CAP RATES
Financing conditions continued to shape investor underwriting and pricing. The 10-year Treasury yield ended July at 4.8 percent, keeping borrowing costs elevated and maintaining pressure on cap rates. Average retail cap rates remained stable at 6.1 percent, consistent with both last year and the relatively narrow range recorded over the past several years.
Multifamily cap rates were also unchanged at 5.2 percent. In contrast, office cap rates increased to 6.4 percent from 6.1 percent, while industrial cap rates rose 50 basis points to 6.5 percent.
CAP RATES remained STABLE FOR RETAIL and MULTIFAMILY while OFFICE cap rates are UP 30 BASIS POINTS and INDUSTRIAL cap rates are UP 50 BASIS POINTS in the last year.