1828 S Millennium Way - Medical FOR SALE


Meridian, ID 83642- Southeast Meridian
$4,288,767 USD
208-859-5938
1828 S Millennium Way, Meridian, ID for Sale
$4,288,767 USD
Medical - FOR SALE
1/6
null | 6% Cap Rate

1828 S Millennium Way
Meridian, ID 83642
Southeast Meridian


HIGHLIGHTS

  • Brand New NNN Lease
  • Strong Medical Tenant Mix
  • Located in One of Idaho's Fastest Growing Markets

OVERVIEW

Lease Terms: 10 Years Lease Type: NNN Annual Increases: 2.00% Options to Renew: 2x 5 Years Square Footage: 12,755 RSF Lot Size: 1.26 acres Year Built: 2007 Landlord Responsibilities: Landlord is responsible for roof & structure. Tenant Responsibilities: Tenant is responsible for the reimbursement of NNN expenses including property taxes, property insurance, and common area maintenance. Capital Expenses: Other than roof and structure, Landlord may receive reimbursement from Tenant of capital expenses, as amortized over the useful life of the capital item.

FOR SALE DETAILS

PRICE

$4,288,767 USD

PRICE/SF

$418 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

L-O

APN/PARCEL ID

R5652530010

ASK ABOUT THIS PROPERTY

Benjamin ZamzowRocky Mountain ManagementMore Info
208-859-5938

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Benjamin ZamzowRocky Mountain ManagementMore Info
208-859-5938

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