6259 N Linder Rd, Meridian, ID
NNN leased investment opportunity with corporate guarantee.
- Added:
- Jan 9, 2025
- Days on Market:
- 527
- Last Refresh:
- May 20 at 8:40 pm
Property Features for 6259 N Linder Rd
General Information
- Standard status
- Active
- Size
- 10,018 SF
- Lot size
- 1.19 Acres
- Property subtype
- RETAIL
Listing agent David McDonald
Listing office Colliers International Idaho - Boise (208) 345-9000
Listing date Jan 9, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers International Idaho - Boise
HighLights
- Corporate guarantee by Dollar Tree Stores, Inc.
- NNN lease structure (subject to annual expense caps)
- Initial lease started in 2017 (new construction)
- Base lease term through June 2027
- Tenant: Dollar Tree Stores, Inc.
- Three, five‑year tenant options to renew
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.4k | $21.60 |
| − Vacancy | −$12.3k | −$1.23 |
| EGI | $204.1k | $20.37 |
| − OpEx | −$61.2k | −$6.11 |
| NOI | $142.8k | $14.26 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.416
- Latitude
- 43.6616
