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33863049
33863050

1500 North Locust Grove Road, Meridian, ID 83642

Lee & Associates - Boise
Listed by Lee & Associates - Boise
$2,400,000
7 days on market
Updated 7 days ago

Retail/Flex Investment

Details
Property Type Retail, Industrial (+1)
Sub Type Flex
Square Footage 8,181
Cap Rate 5.96%
Tenancy Multi
Year Built 2000
Buildings 1
Acreage 0.740
Zoning C-G
Ground Lease No

Diverse Tenant Mix & Stable Occupancy History

Marketing description

Lee & Associates is pleased to present a premier retail investment opportunity in one of the Treasure Valley’s most visible and heavily trafficked commercial corridors. Located at the signalized intersection of Locust Grove Road and Fairview Avenue, the property offers excellent visibility, easy access, and strong daily traffic counts. The center is anchored by a strong retail environment, adjacent to D&B Supply and directly across from Fred Meyer, generating consistent customer traffic and supporting tenant success. A diverse tenant mix, stable occupancy history, and proven leasing performance provide a reliable income stream and long-term investment stability.

Just one mile from Eagle Road and The Village at Meridian, the property is surrounded by established neighborhoods, growing residential communities, and a thriving commercial base. Its prime location, strong market fundamentals, and proven operating history make this an attractive opportunity for investors seeking a well-positioned retail asset.

Investment highlights

  • Prime retail investment opportunity in the heart of Meridian
  • Excellent visibility and access with strong daily traffic counts
  • Good tenant mix with a proven history of occupancy and leasing success
  • Ample parking and convenient ingress/egress for customers and tenants

Listing Contacts

Lee & Associates - Boise
Listed by Lee & Associates - Boise

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Zoning

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C-G CommercialRetail CommercialGeneral Retail And Service Commercial
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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