1630 S Eagle Rd - Restaurant FOR SALE


Meridian, ID 83642- Southeast Meridian
$3,400,899 USD
208-975-4447
1630 S Eagle Rd, Meridian, ID for Sale
$3,400,899 USD
Restaurant - FOR SALE
1/14
null | 5% Cap Rate

1630 S Eagle Rd
Meridian, ID 83642
Southeast Meridian


HIGHLIGHTS

  • Multi-tenant NNN leased investment property
  • Currently undergoing renovations and capital upgrades
  • Strategically positioned at the signalized hard corner of Eagle Road and Overland Road in Meridian
  • Excellent visibility, accessibility, and exposure
  • Seconds from Interstate 84 Exit 46
  • Located at Silverstone & El Dorado Business Parks, both consisting of over 10,000 employees

OVERVIEW

This multi-tenant investment property presents an opportunity to acquire a recently renovated commercial asset leased to Caines Collective – REV Collective, a new coffee/café/market concept, and Idaho Tipsy Trailers, a catering and event services company. The property is currently undergoing renovations, including tenant improvements, exterior enhancements, and other capital upgrades designed to improve the functionality and appearance of the asset. The site offers multiple dedicated tenant entrances, open sales areas, large storefront windows, two common-area restrooms, on-site parking, building and monument signage areas, a patio area, and convenient access from both Eagle and Overland Roads. Strategically positioned at the signalized hard corner of Eagle Road and Overland Road in Meridian, Idaho, the property benefits from excellent visibility, accessibility, and exposure. Across from the Eagle View Landing development which will soon be home to a new 60,000 SF medical office building. The property is also strategically located near Interstate 84 Exit 46, providing convenient connectivity between Meridian Road and the Flying Y/I-184 connector to Downtown Boise. The surrounding area offers a strong employment base, with approximately 56,037 employees within a three-mile radius and 76,981 employees within a 10-minute drive time, supporting the property’s long-term commercial appeal. Located in the Silverstone Business Park, and east of the El Dorado Business Park (both consisting of over 10,000 employees) and the Gramercy mixed-use development, all of which include a mix of local retail shops, dining, offices, and professional services.

FOR SALE DETAILS

PRICE

$3,400,899 USD

PRICE/SF

$816 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant NNN Leased Investment - 5% Cap

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C-C

APN/PARCEL ID

R7909770093

ASK ABOUT THIS PROPERTY

Andrea NilsonSummit Commercial Real Estate GroupMore Info
208-975-4447

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Andrea NilsonSummit Commercial Real Estate GroupMore Info
208-975-4447

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