1050 South Silverstone, Meridian, ID
STNL Investment Opportunity in Idaho's Fastest-Growing Market
Marketing description
STNL INVESTMENT OPPORTUNITY IN HIGH-GROWTH MARKET►
NNN lease provides ease of ownership.
The remaining lease term, totaling ±16 years (not including extensions), provides investment security.
The current annual rent totals $1.75M, reflecting an attractive passive income steam for new ownership. 10% rent increases, occurring every 5 years, provide a compelling hedge against future inflationary pressures.
►FLAGSHIP ENTERTAINMENT ASSET IN IDAHO’S FASTEST‑GROWING MARKET
Topgolf Meridian is Idaho’s first and only Topgolf location, positioned within the Boise–Meridian metro, one of the fastest‑growing regions in the Mountain West. The venue benefits from being a category‑defining regional draw, with no in‑state competition from comparable golf‑entertainment concepts, allowing it to capture demand from the entire Treasure Valley and surrounding secondary markets.
►STRATEGIC INTERSTATE & REGIONAL VISIBILITY
The property sits immediately adjacent to Interstate 84 and Eagle Road, one of the busiest traffic corridors in Idaho, offering exceptional visibility and signage exposure to both daily commuters and regional travelers. This location places the asset within a 30‑minute drive of more than 750,000 residents, further reinforcing its regional draw characteristics rather than reliance on hyper‑local patrons.
►STRONG ECONOMIC MARKET WITH TENANT BASE
• 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
Investment highlights
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.
► MICRON EXPANSION
Micron’s multi-billion-dollar semiconductor investments bring high-paying jobs and spur demand for office space for R&D and corporate functions.
►HEALTHCARE & PROFESSIONAL SERVICES
Rapid population growth supports healthcare systems and professional firms, increasing office requirements.
► FLEX & HYBRID WORK
• Lifestyle appeal drives coworking demand, benefiting local operators like Kiln.
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