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27783118
27783112

745 S. Progress Avenue, Meridian, ID 83642

SF
ID ID SP37920
Colliers - Boise, Idaho
Listed by Colliers - Boise, Idaho
$4,840,700
234 days on market
Updated 2 days ago

Unity Health Medical Building

Details
Property Type Office
Sub Type Medical Office
Square Footage 13,983
Units 5
Cap Rate 6.15%
NOI $297,703
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $346
Year Built 1995
Year Renovated 2022
Acreage 2.160
Zoning C-G
Parking Spaces 5 per 1,000 sq ft

Investment Opportunity | Unity Health Medical Building | For Sale

Marketing description

• Well located, high identity medical office building on major retail corridor

• Recently improved medical suites

• Located just north of the I-84 interchange

• Close to Home Depot, Winco & numerous retailers

• Rehab Authority, West Valley Medical Group, Treasure Valley Hearing, Fastest Labs

• Easy access & abundant parking

Investment highlights

Cap Rate | 6.15%

Net Operating Income (Includes 3% reserve) | $297,703

Building Size | 13,983 SF

Lot Size | 2.16 Acres (94,090 SF)

Parking | Over-standard (5:5:1,000 SF)

Number of tenants | 5

Lease Types | NNN

Occupancy | 100%

Listing Contacts

SF
ID ID SP37920
Colliers - Boise, Idaho
Listed by Colliers - Boise, Idaho

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$297,703.00
$24,808.58/mo

Valuation Metrics

0
DSCR
6.15%
Cap Rate
6.15%
ROI

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Additional Information

Name
Scott Feighner
License
ID SP37920
Brokerage
Colliers International
Title
Real estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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