1414 W Ustick Rd - Medical CONDO FOR SALE


Meridian, ID 83646- Northwest Meridian
$1,950,000 USD
208-287-9487
1414 W Ustick Rd, Meridian, ID for Sale
$1,950,000 USD
Medical CONDO - FOR SALE
1/52
null | 6.91% Cap Rate

1414 W Ustick Rd
Meridian, ID 83646
Northwest Meridian


HIGHLIGHTS

  • Two Tenants in 4 Condo Units
  • PRICE $1,950,000
  • CAP 6.91%
  • NOI $134,796
  • 5 YR PRIMARY TERMS
  • 5 YR RENEWAL OPTIONS

OVERVIEW

Condominium build-outs include reception areas, kitchenettes, private offices, restrooms, large windows throughout, storage areas, building & monument signage, and on-site shared parking. Office condominium units 100 & 110 are leased by Molly & Me Counseling and Training Center. Office condominium units 120 & 130 are leased by Oakmont Custom Homes.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

6.91%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two Tenant NNN Leased Office Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office Live/Work Unit

TOTAL BUILDING SIZE

4,900 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.97 AC

LAND SF

172,933 SF

ZONING

City of Meridian C-C

APN/PARCEL ID

R4767320360,R4767320380,R4767320400,R4767320420

ASK ABOUT THIS PROPERTY

Cory PerrySummit Commercial Real Estate GroupMore Info
208-287-9487

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Cory PerrySummit Commercial Real Estate GroupMore Info
208-287-9487

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