704 E United Heritage Ct - Office FOR SALE
Meridian, ID 83642 |
704 E United Heritage Ct
Meridian, ID 83642
HIGHLIGHTS
- Attractive Pricing – Offered at $212/SF, priced below replacement cost, creating a compelling value proposition in a high-demand submarket.
- Built-In Upside – Contract rents are currently 10–20% below market, with near-term lease rollover providing an opportunity to reset rates & boost NOI.
- Strong Leasing Support – Seller to offer a one-year rent guarantee on the current vacancy, reducing initial risk for investors.
- Established Location & Modern Construction – Located just 1.3 miles from downtown Meridian with CG zoning, built in 2014 on 1.82 acres.
- Flexible Zoning – Situated on 1.82 acres and zoned CG (General Commercial), allowing for a wide range of commercial uses.
- Solar Panels Installed – Upgraded with rooftop solar panels, significantly reducing utility costs and supporting sustainable energy initiatives.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
20000
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.82 AC AC
LAND SF
79,279 SF
ZONING
-
APN/PARCEL ID
R1343550770
