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31284150
31284153

5004 N Linder Rd, Meridian, ID 83646

MG
ID SP34044
TOK Commercial
TOK Commercial
PO
ID SP18349
TOK Commercial
Listed by TOK Commercial
$3,500,000
238 days on market
Updated 29 days ago

5004 N Linder Rd

Details
Property Type Office
Sub Type Medical Office, Medical/Dental
Square Footage 4,995
NOI $209,750
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $701
Class A
Year Built 2014
Acreage 0.637
Zoning CG(General Commercial)
Investment Type Net Lease

Long-Term Medical Office NNN Leased Investment | 4,995 SqFt

Marketing description

TOK Commercial is pleased to present the offering of 5004 N. Linder Road in Meridian, Idaho. This 4,995 SF medical office building, constructed in 2014, is situated on 0.64 acres within the highly flexible CG (General Commercial) zoning district. Purpose-built for orthodontic use, the facility features modern finishes, landscaped grounds, permeable paver parking, and excellent visibility along N. Linder Road with 14,977 vehicles per day.

The property is 100% leased on a NNN basis to beBright and operated by Kelson Orthodontics, a trusted and well-established practice backed by the beBright family of companies. Offered at $3,500,000, the investment reflects a 6.0% cap rate and delivers reliable, long-term income secured by an essential healthcare tenant.

Located in Meridian—one of the fastest-growing cities in the U.S.—the property benefits from strong surrounding demographics and sustained demand for medical services. With stable cash flow, quality construction, and maximum zoning flexibility, 5004 N. Linder Road represents a rare opportunity to acquire a turnkey medical office investment in one of Idaho’s most dynamic growth corridors

Investment highlights

  • Long-Term Tenant Stability — 100% leased to beBright and professionally operated by Kelson Orthodontics, a trusted and well-established orthodontic practice
  • Modern Medical Office Facility — 4,995 SF building constructed in 2014 with high-quality finishes, purpose-built for orthodontic use. Designed with contemporary architecture, permeable paver parking, and landscaped grounds
  • Ample Parking & Visibility — Situated on a 0.64-acre site with abundant surface parking and strong exposure along N. Linder Road
  • Rapidly Growing Market — Located in Meridian—one of the fastest-growing cities in the U.S., with population growth of 56% from 2010–2020. Expanding demographics support ongoing demand for healthcare services
  • Flexible Zoning — Situated on 0.64 acres and zoned CG (General Commercial), allowing for a wide range of commercial uses.
  • NNN Lease Structure — Passive, turn-key medical office investment delivering stable and reliable cash flow, secured by Kelson Orthodontics—an essential service tenant within the beBright family of companies

Listing Contacts

MG
ID SP34044
TOK Commercial
TOK Commercial
PO
ID SP18349
TOK Commercial
Listed by TOK Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$209,750.00
$17,479.17/mo

Valuation Metrics

0
DSCR
5.99%
Cap Rate
5.99%
ROI

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