1831 E Overland Rd - Medical FOR SALE


Meridian, ID 83642- Southeast Meridian
$1,272,000 USD
208-867-0189
1831 E Overland Rd, Meridian, ID for Sale
$1,272,000 USD
Medical - FOR SALE
1/3
null | 6% Cap Rate

1831 E Overland Rd
Meridian, ID 83642
Southeast Meridian


HIGHLIGHTS

  • Brand New 5yr Lease at close of escrow, showing commitment to the location from Tenant.
  • Absolute NNN Lease – Zero Landlord Responsibilities – Perfect for out of town investor
  • 3% annual increases to hedge against inflation
  • The property is surrounded by a vast assortment of amenities
  • Located in the premier office location at the center of the Treasure Valley
  • Contrary to some national trends the office market in Boise is vibrant

OVERVIEW

**Investment Opportunity in Prime Location** Epic Development Building - 1831 E Overland Rd, Meridian, ID 83642. This single-story professional office building is leased to Epic Development Group will sign a brand-new 5-year lease at closing, showing strong commitment to the location. With an Absolute NNN lease structure, enjoy zero landlord responsibilities and annual rent increases of 3%. Located in the heart of the Boise MSA along the busy Overland Road corridor, this premium office building offers outstanding visibility amid a flourishing business district. Built in 2014, the property features upscale interior finishes, ample parking, and a functional layout ideal for thriving businesses. Benefit from Boise's rapid growth, vibrant economy, and excellent demographics while securing a high-profile, stabilized office investment in a prime location at an attractive price point.

FOR SALE DETAILS

PRICE

$1,272,000 USD

PRICE/SF

$405 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

L-O

APN/PARCEL ID

R7689250052

ASK ABOUT THIS PROPERTY

Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

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Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

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