1500 Locust Grove

    Meridian, ID 83642
    • $1,200,000
    • STATUS: Active
    • ON SITE: 205 days
    • MLS #: 98665374
    UPDATED: 34 min ago
    $1,200,000
    • 0
      BEDS
    • 0.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,181
      SQFT
    • $147
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2000
    County:
    Ada

    School Ratings & Info

    Description

    NNN Real Estate Investment Property. 100 Occupied Retail Building located at Fairview & Locust Grove. Three Tenant complex. Excellent Investment Property. 6.2% Cap Rate.

    Directions: From I-84, north on Eagle Road, West on Fairview to Locust Grove

    Monthly Payment Calculator



    © 2018 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2018-02-22T13:10:45.347.
    www.build-idaho.com/homes/75353167

    1500 Locust Grove Meridian, ID 83642

    • Price: $1,200,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 98665374
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.74
    Acres
    8,181
    SQFT
    $147
    $/SQFT
    2000
    Built
    Neighborhood:
    Meridian Ne - 1020
    County:
    Ada
    Area:
    Meridian Ne - 1020
    Property Description
    NNN Real Estate Investment Property. 100 Occupied Retail Building located at Fairview & Locust Grove. Three Tenant complex. Excellent Investment Property. 6.2% Cap Rate.

    Directions: From I-84, north on Eagle Road, West on Fairview to Locust Grove
    Exterior Features

    Construction BrickConcreteMasonryStone Dock High Doors Loading 0 Land Size 1/2 - .99 Acre Parking 21 - 50 Spaces Parking Ratio 5 Parking Spaces 25 Roof Roll

    Interior Features

    Clear Ceiling Height 14 Cooling Central Air Floor Construction Concrete Gross Leasable Area SF 8181 Heating Forced AirGas Maximum Contiguous SF 8181 Minimum Divisible SF 2060 Mti Sq Ft1 2652 Mti Sq Ft2 2060 Mti Sq Ft3 3204 Spaces 3 Structure Fire Hydrant ApprovedHandicap AccessLawn SprinklersOverhead DoorsPaved StreetGrade Level DoorCableLighting

    Property Features

    Age 11 - 20 Years Anchor Tenant1 Cla Anchor Tenant2 Cla Anchor Tenant3 Cla Building Class B Cap Rate Percent 6.2 Commercial Type Commercial Corridor Yes Docs On File LeaseSurvey/PlatOtherLengthy Legal Description Existing Yes Gas Available YN Yes Highlight1 Great Location Highlight2 Building in Excellent Condition Highlight3 Nnn Leases in Place Highlight4 Good Tenant Mix In Foreclosure YN No Investment Property Yes Net Lease Investment Yes Net Operating Income 81072 Occupancy Percent 1003 Potential Short Sale YN No Power 220 VoltOther Price Rate Type Price Prop On Ground Lease YN No Property Name Shops On The Grove Real Estate Included Yes Reo Bank Owned YN No Sale Lease For Sale Sewer Yes Connected Suitable For Retail OtherFree Standing Building Tenancy Multiple Terms CashConventional Water City Service Years Lefton Lease 4 Zoning C-G

    Listing Courtesy of Coldwell Banker Tomlinson -Eagle.


    © 2018 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Build Idaho | Keller Williams Realty Boise are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2018-02-22T13:10:45.347.
    Build Idaho | Keller Williams Realty Boise
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    Boise ID, 83709