4744 N Park Crossing Ave - Storefront Retail/Office FOR SALE


Meridian, ID 83646
$4,300,000 USD
208-340-9780
4744 N Park Crossing Ave, Meridian, ID for Sale
$4,300,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 5.4% Cap Rate

4744 N Park Crossing Ave
Meridian, ID 83646


HIGHLIGHTS

  • 2019 & 2022 Construction
  • Multiple points of access on both McMillan & Locust Grove
  • Service based retail tenants
  • Hard corner location

OVERVIEW

Lee & Associates is pleased to present this multi-tenant retail building and stand alone coffee drive-thru for sale. Positioned on the hard corner of McMillan and Locust Grove in the booming Northwest Meridian submarket with traffic counts of 26,000 vehicles per day. Under market rents will allow for future upside upon lease renewal along with annual escalations. Triple net leases allow for minimal landlord responsibility. Retail building was built in 2019 and coffee QSR was built in 2022. Extremely well maintained property with mix of service based retail tenants.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-N

APN/PARCEL ID

R1740510280

ASK ABOUT THIS PROPERTY

Matt MahoneyLee & Associates Idaho LLCMore Info
208-340-9780

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Matt MahoneyLee & Associates Idaho LLCMore Info
208-340-9780

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