851 E Hickory Ave - Office FOR SALE


Meridian, ID 83642- Northeast Meridian
$5,100,000 USD
208-570-2303
851 E Hickory Ave, Meridian, ID for Sale
$5,100,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

851 E Hickory Ave
Meridian, ID 83642
Northeast Meridian


HIGHLIGHTS

  • Strong Class ‘A’ multitenant office investment opportunity in desirable Meridian location.
  • 100% leased with stable tenancies and renewal options in place.
  • Premier quality building, with professional and modern finishes, well maintained and landscaped since construction in 2008.
  • Excellent visibility at the corner of Hickory Avenue and Pine Avenue with easy, signalized access from primary Treasure Valley corridor, Eagle Road.
  • Conveniently located near shopping, entertainment, and easy freeway access.
  • Next to major area employers, such as Scentsy and Blue Cross, and major area traffic drivers, retailers, and services, like The Village at Meridian.

OVERVIEW

Introducing a prime investment opportunity in the heart of Meridian, Idaho. This impressive 25,944 SF Class ‘A’ multitenant office building, constructed in 2008, offers a premier location within the Boise MSA area. With a coveted I-L zoning, the property boasts full occupancy with stable tenancies and renewal options in place, presenting a reliable income stream. The modern, professionally finished building is meticulously maintained with exquisite landscaping. Its strategic position at the corner of Hickory Avenue and Pine Avenue provides excellent visibility and convenient, signalized access from the primary Treasure Valley corridor, Eagle Road. This esteemed property is an ideal addition to any portfolio seeking a solid commercial real estate investment.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

I-L

APN/PARCEL ID

R3073810055

ASK ABOUT THIS PROPERTY

Sydney ParksTOK CommercialMore Info
208-570-2303

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Sydney ParksTOK CommercialMore Info
208-570-2303

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