2760 W Excursion Ln, Meridian, ID 83642 For Sale

EXCEPTIONAL LOCATION WITH LONG-TERM GROWTH DRIVERS

►PRIME LOCATION & ACCESSIBILITY
• Strategic Positioning: Situated just off I-84 at the Ten Mile Interchange, providing excellent freeway visibility and access.
• Growing Demand: High traffic counts, rising household incomes, population growth, and limited comparable lifestyle hubs in the region.
• Integrated Ecosystem: Seamless live, work, shop, play environment—capturing both office tenants and residential consumers.

►MARKET & DEMOGRAPHIC INSIGHTS
• Market: Meridian is the fastest growing submarket in the Boise MSA.
• Population Growth: Projected +19.2% by 2029. 3 mile: ~61,500 projected +13.8%.
• Household Income: 2025 Avg HH Income for Meridian $142,982

►ANCHORS & TENANTS
• Major Retail Anchor: Scheels flagship (~145 K visits/month) opened April 2024, accompanied by associated retail like Starbucks, Dutch Bros, Chick-fil-A.
• Office Tenants: Notable occupants include Paylocity, Ameriben, J-U-B Engineers, Saint Alphonsus Urgent Care Ten Mile Clinic, Primary Health, Brighton Corp.
• Service & Lifestyle Providers: Features Idaho Central Credit Union, urgent care, fitness amenities, car wash, boutique retail, and restaurants.

►RESIDENTIAL & CONNECTIVITY
• Residential Offerings:
o Multifamily developments: Altair, The Flats, The Lofts (smart/luxury apartments).

►EXPANSION & ADJACENT DEVELOPMENT
• The District at Ten Mile:
o A connected ±200 acre project immediately adjacent; approved for zoning in Oct 2024.
o Features retail, housing (~400 multifamily units), movie theater, hotels, offices, light industrial, underpass and collector road connecting to Ten Mile Crossing.

►MARKET POSITION & FUTURE IMPACT
• Submarket Transform: Originally a planned lifestyle center (not implemented); has since emerged as a major regional gateway with 50% of the site developed.
• Economic Draw: Scheels catalyzed growth; now supported by strong demographic trends, high traffic visibility (~118 K cars/day I 84, 27 K on Ten Mile).