High-Clear Industrial NNN
For Sale
Contact for pricing
2640 E State Ave, Meridian, ID 83642
19,801 SF high-tech tilt warehouse with 18-foot clear height and eight grade-level overhead doors, fully leased under NNN terms.
Property Size19,801 SF
Lot Size1.33 Acres
Days on Market123
Property Features for 2640 E State Ave
General Information
Standard status
Active
Size
19,801 SF
Lot size
1.33 Acres
Property subtype
Industrial
Zoning
I-L
Occupancy
100%
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
8
Sprinkler System
Yes
Additional Details
Cap Rate
6.52%
Building Details
Construction
High-tech Tilt
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Boise, Idaho
(208) 287-9492
Listed By:
Bree Wells · License #ID SP48431
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 2:42PM
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 Cushman & Wakefield - Boise, Idaho
Investment Insights
Based on property information with market context.
This for-sale NNN industrial property is a high-tech tilt warehouse totaling 19,801 SF on a 1.325-acre lot. The building features 18-foot clear height and eight grade-level overhead doors measuring 10' x 12'. Wet fire protection is installed throughout, and power is provided at 200 amps per unit.
The property is fully leased with 5 leases in place, and lease terms range from 3 to 5 years with commencement on or before September 2023. Rent increases are structured at CPI with a 3% minimum. The transaction is reported with 100% occupancy.
Construction is described as high-tech tilt, and the property is listed with zoning identified as City of Meridian-I-L.
The property is fully leased with 5 leases in place, and lease terms range from 3 to 5 years with commencement on or before September 2023. Rent increases are structured at CPI with a 3% minimum. The transaction is reported with 100% occupancy.
Construction is described as high-tech tilt, and the property is listed with zoning identified as City of Meridian-I-L.
Key Highlights
- 19,801 SF high‑tech tilt warehouse with ±18' clear height and 8 grade‑level overhead doors (10' x 12')
- 100% occupancy with 5 tenants and leases in place; lease terms of 3 to 5 years (commenced on or before Sep 2023)
- NNN lease type with annual increases at CPI with a 3% minimum
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
8
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83642, ID
55,465
Population
22,700
Households
2.4
Avg Household Size
35
Median Age
44%
College-Educated
95%
High-School Grad
41.5 sq mi
ZIP Area
1,337
Density / Sq Mi
$96,361
Median Household Income
$45,824
Median Earnings
$1,629
Median Rent
$492,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Stor-It Self Storage — 1776 N Avest Ln, Meridian, ID 83646
- Storelocal Storage — 1975 E Franklin Rd, Meridian, ID 83642
- Vantage Moving Solutions — 3597 E Monarch Sky Ln Suite F240, Office 268, Meridian, ID 83646
Frequently Asked Questions
What type of property is this?
Warehouse - 19,801 SF high-tech tilt warehouse with 18-foot clear height and eight grade-level overhead doors, fully leased under NNN terms.
Where is this warehouse located?
The property is located at 2640 E State Ave Meridian, ID.
What are key features of this property?
This property features: 19,801 SF high‑tech tilt warehouse with ±18' clear height and 8 grade‑level overhead doors (10' x 12'); 100% occupancy with 5 tenants and leases in place; lease terms of 3 to 5 years (commenced on or before Sep 2023); NNN lease type with annual increases at CPI with a 3% minimum
