1135 N Hickory Ave - Warehouse FOR SALE


Meridian, ID 83642- Northeast Meridian
$31,900,000 USD
208-947-0859
1135 N Hickory Ave, Meridian, ID for Sale
$31,900,000 USD
Warehouse - FOR SALE
1/13
null | 6.32% Cap Rate

1135 N Hickory Ave
Meridian, ID 83642
Northeast Meridian


HIGHLIGHTS

  • Strong, newer construction, multitenant industrial investment opportunity.
  • 100% occupied with five stable tenancies and 3% annual escalations.
  • Rare and desirable North Meridian industrial of premier quality and well-maintained building.
  • Conveniently located off primary Treasure Valley corridor near major area retailers, services, and employers.
  • Building is equipped with 5, 12’ x 14’ grade level doors - 3 on north elevation & 2 on east elevation - & 15 dock doors with dock elevation of 4’-0.
  • Excellent accessibility, with signalized intersection at Eagle Road & Pine Avenue as well as Fairview Ave and Hickory Ave, just 4 minutes from I-84.

OVERVIEW

Strong, newer construction, multitenant industrial investment opportunity. 100% occupied with five stable tenancies and 3% annual escalations. Rare and desirable North Meridian industrial of premier quality and well-maintained building. Building is equipped with 5, 12’ x 14’ grade level doors — 3 on north elevation and 2 on east elevation —and 15 dock doors with dock elevation of 4’-0” below finish floor and manual lift levelers. Excellent accessibility, with signalized intersection at Eagle Road & Pine Avenue as well as Fairview Avenue and Hickory Avenue, just 4 minutes from I-84 access. Conveniently located off primary Treasure Valley corridor near major area retailers, services, and employers.

FOR SALE DETAILS

PRICE

$31,900,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hickory Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

UTILITIES

-

CLEAR CEILING HT

26.583333333333332 Ft

DOCKS

16

DRIVE INS

4

PARKING SPACES

227

LAND DETAILS

LAND ACRES

9.88

LAND SF

430,373

ZONING

I-L

APN/PARCEL ID

R3073790250

ASK ABOUT THIS PROPERTY

Chris Pearson, SIORTOK CommercialMore Info
208-947-0859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chris Pearson, SIORTOK CommercialMore Info
208-947-0859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.