Homes for sale - 1480 W Chinden Blvd, Meridian, ID 83642

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Julie Paterson

julie@bestcdahomes.com +1(208) 277-4499

$2,477,550

Est. payment - /mo

2,200 SqFt

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UPDATED:

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Comm'l Bldg w/Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $1,126

MLS Listing ID 25-2376

Style Restaurant

Originating Board Coeur d'Alene Multiple Listing Service

Year Built 2020

Annual Tax Amount $7,556

Tax Year 2024

Lot Size 0.840 Acres

Acres 0.84

Lot Dimensions 36590

Property Sub-Type Comm'l Bldg w/Land

Property Description

Corporate Starbucks in Meridan, ID. Located within Eagle Island Marketplace, an outparcel to one of the top 3 visited Fred Meyer grocery stores in the state of Idaho. Well positioned for continued sales growth. Nearby retailers include McDonalds, Winco, Taco Bell, O'Reilly and Chase Bank. Starbucks executed a 10 year corporate lease and opened this new construction store in early 2020 right in the middle of Covid. Due to the strength of this tenant, and the fact that this property lies within a leading anchored shopping center, there was no doubt the store would be a success. There are approximately 5 years remaining on the original NNN lease term with four 5-year options to extend. The lease does not contain an 'early termination' clause. The rent increases 10% every 5 years. Starbucks store is tastefully designed, has an efficient drive through, with over 160 feet of frontage along highly traveled W Chinden Blvd.

Location

State ID

County Ada

Area 15 - South

Zoning C-D-3A

Direction Eagle Island Market Place on Chinden Blvd just W of N Rustic Way.

Rooms

Basement None-Slab on Grade

Interior

Heating Electric, Natural Gas, Forced Air, Furnace

Equipment None

Exterior

View Territorial

Roof Type Tar/Gravel

Building

Lot Description Level, Open Lot, Southern Exposure

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID R5176900550

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Listed by Keller Williams Realty Coeur d'Alene

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Julie Paterson

+1(208) 277-4499

Agent | License ID: SP47587

Agent License ID: SP47587

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1480 W Chinden Blvd Meridian, ID 83642

Julie Paterson

Key Details

Location

Rooms

Interior

Exterior

Building

Others