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For Sale

1430 W Ustick Rd

1430 W Ustick Rd Ste 100,
Meridian, ID 83646

Asset Snapshot

2022
Year Built
1
Floor Count
1
Building Count

Offering Summary

Investment Overview

Excellent opportunity to acquire a high-quality 1,161 SF office condo in North Meridian, ideally located at the signalized intersection of Ustick Rd and Linder Rd. Suite 100 features an efficient layout with multiple private offices, a conference room, reception area, break room, and restroom. The seller will execute a 12-month absolute NNN leaseback upon closing, providing immediate income stability, with Elevate Healthcare—a strong medical tenant—paying all operating expenses and generating $36,000 in NOI at a 6.26% cap rate. This offering is ideal for investors seeking stable cash flow or future owner-users looking to secure well-located office space in a growing submarket.


Investment Highlights

  • Great opportunity for an office investment or future owner-user.
  • Seller will do a leaseback and sign a 12-month absolute NNN lease.
  • Located in North Meridian at a signalized intersection of Ustick and Linder Rd.
  • High quality medical Tenant who will pay all operating expenses.
  • Efficient office layout with private offices, reception area, and restroom.
  • Do not disturb the business.

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Listing Syndicated From

Buildout
For Sale
$575,000
Asking Price