1120 S Rackham Meridian, ID
CALL FOR OFFERS - MAY 7th | Creative Office
Marketing description
Strong Economic Market With Tenant Base
—Meridian is one of Idaho’s fastest-growing cities, with strong economic fundamentals driving robust demand for Class A office space.
—Meridian population: 139,740 (July 2024), up 18.6% since 2020, growing at ±3.3% annually.
—Ada County grew 85% from 2000–2024; Meridian accounts for 25.6% of the county’s population.
—Median household income: ±$142,982 with ±2.6 occupants per household.
Strategic Location, Economic Drivers – Tech and Healthcare
—Technology Growth — Boise is emerging as a tech hub, attracting startups and remote workers seeking quality of life and affordability.
—Healthcare & Professional Services — Rapid population growth supports healthcare systems and professional firms, increasing office requirements.
Investment highlights
CALL FOR OFFERS - MAY 7th | High Visibility Creative Office in One of the Most Stable Office Markets in the U.S.
High-Image Opportunity with High-Visibility
—Institutional-quality Class A construction in a high-visibility location.
—Offered well below replacement cost.
—Strong tenant covenants and long lease terms through 2033.
—Positioned in a high-growth demographic and economic corridor.
—Rent premium over Class B creates income uplift potential.
—Minimal near-term CapEx due to recent completion.
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