Meridian, ID Retail Property For Sale

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Retail for Sale

Meridian, ID 83642

Retail - Restaurant Opportunity on Main Street in Meridian. Former Pizza Hut Restaurant with Large Parking Area. Property is Located on the Main Retail Corridor into Downtown Meridian. High Visibility Location North of Interstate 84 Exit 44. Surrounding Tenants Include Treasure Valley Hearing & Balance, Panda Express, Starbucks, Sierra Trading Post, Lee Read Jewelers, Goodwood, Motel 6, McDonald’s, Taco Time, KFC, Meridian Bowling Lanes, Republic Storage, Meridian Speedway, Wendy’s & more... Also listed for lease - rate negotiable, contact agents for details. Immediate Availability Contact Agents to Schedule a Walk Through Today!!

Retail for Sale

Meridian, ID 83646

Long-term, 12-year lease with two five-year option periods. Absolute Net lease provides an ideal passive investment for an out-of-area investor. 10 Percent rental increases every five years, providing a hedge against inflation. The franchisee of The Human Bean currently operates 12 locations within the Treasure Valley. The franchisee expects to open additional stores throughout the Treasure Valley area. The property is located on the going to work side of Ten Mile Road which is a main north/south thoroughfare connecting to Interstate 84. Regional and national tenants surrounding the property are Pizza Hut, O’Reilly Auto Parts, Pawn 1 and Maverik. Directly in the path of growth, surrounded by new & proposed residential and commercial developments. Part of a larger mixed-use development. Located north of the new Ten Mile Crossing - which includes medical, retail, restaurants and professional service providers. High traffic intersection near the new Costco and Winco Foods. 1 Mile south of the Meridian Walmart Supercenter. The Ten Mile corridor has a “Specific Area Plan” for the future, the City of Meridian has been working to develop this plan over the past several years and will include a mix of commercial, residential and service related projects and uses. The full development plan can be viewed here: https://meridiancity.org/planning/files/10mile-191217-Full.pdf

Land for Sale

Meridian, ID 83646

New Mixed Use Development Opportunity at Ten Mile & McMillan. 1,500 - 10,000 SF ± Retail, Drive-Thru Restaurant, Office / Pads For Sale & Retail Space For Lease & Build-to-Suit. Development anchored by a new over 55 independent living facility - construction starting soon. New Jacksons gas station under construction - opening early 2021. Prime location for retail, restaurant & service related industries. Located directly in the path of growth, surrounded by new & proposed residential developments. Signalized intersection, Ten Mile & McMillan Roads - both major thoroughfares in the treasure valley. High traffic intersection near the new Costco and Winco Foods. Located directly across from a Walmart Supercenter and other local, regional & national retailers and service providers. Lot 4 of 7 - R9010680091

Retail for Sale

Meridian, ID 83642

» Brand new 12 Year Lease Extension

» Large 1.33 Acre Site

» Located on the Hard Signaled Corner of Easter Road & Fairview Avenue

» Eagle Road - 54,038 VPD & Fairview Avenue - 33,203 VPD

» Surrounded by dozens of national retailers including Walmart, Albertsons, Pet Smart, Big Al’s, H&M, Ross and many more

» Meridian is Ranked the Fastest Growing City in the state of Idaho

» Meridian is located in the Boise, Idaho MSA

» Strong tenancy with continued operations at this locations since 2005

Retail for Sale

Meridian, ID 83642

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