Medical Center with Surgical
New
For Sale
$12,950,000
2960 E St Lukes St, Meridian, ID 83642
The fully leased, single-tenant facility combines an ambulatory surgery center with medical office space.
Property Size18,902 SF
Days on Market2
Property Features for 2960 E St Lukes St
General Information
Standard status
Active
Size
18,902 SF
Property subtype
Single-Tenant Medical Office
Occupancy
100%
Net Operating Income
$818,400
Financials
Asking Price
$12,950,000
Cap Rate
6.3%
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Medical Specialty
orthopedic, spine, general, bariatric
Amenities
backup generator
covered patient drop-off porte-cochere
dedicated pad for potential expansion
Building Details
Building Size
18,902 SF
Year Built
2021
Buildings
1
Tenancy
Single
Listing Agency:
TOK Commercial
Listed By:
Nick Schuitemaker, CCIM · License #SP44833
(208) 947-0802
Source:
Tokcommercial
Added: Nov 4
Last Checked: Nov 4 at 2:16PM
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 TOK Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2021, this medical center pairs an ambulatory surgery center with medical office space and is fully leased to Everest Surgical Institute. The surgical facility includes three operating rooms, 12 pre- and post-operative beds, and dedicated sterilization areas. Upstairs, 15 exam rooms, two procedure rooms, and an X-ray room support additional clinical services. The property also has a backup generator, a covered patient drop-off, and a separate pad designated for possible expansion.
The tenant operates an AAAHC-accredited, Medicare-certified surgery center and has more than 20 insurance contracts. Its clinical specialties include orthopedic, spine, general, and bariatric surgery. A hospital with an emergency transfer agreement is less than a quarter mile away. Nearby uses include medical offices, imaging services, other surgical centers, physical therapy, restaurants, and hotels.
The occupancy is structured under an absolute NNN lease that begins January 1, 2027 and runs through December 31, 2036, with 2% annual rent increases and two five-year renewal options. The tenant handles taxes, insurance, maintenance, repairs, and capital replacements.
The tenant operates an AAAHC-accredited, Medicare-certified surgery center and has more than 20 insurance contracts. Its clinical specialties include orthopedic, spine, general, and bariatric surgery. A hospital with an emergency transfer agreement is less than a quarter mile away. Nearby uses include medical offices, imaging services, other surgical centers, physical therapy, restaurants, and hotels.
The occupancy is structured under an absolute NNN lease that begins January 1, 2027 and runs through December 31, 2036, with 2% annual rent increases and two five-year renewal options. The tenant handles taxes, insurance, maintenance, repairs, and capital replacements.
Key Highlights
- Fully leased, single‑tenant medical center with ambulatory surgery and office components
- Built in 2021 with three operating rooms and 12 pre- and post‑operative beds
- Second floor includes 15 exam rooms, two procedure rooms, and an X‑ray room
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical center - The fully leased, single-tenant facility combines an ambulatory surgery center with medical office space.
Where is this medical center located?
The property is located at 2960 E St Lukes St Meridian, ID.
What is the asking price?
The asking price for this property is $12,950,000.
What are key features of this property?
This property features: Fully leased, single‑tenant medical center with ambulatory surgery and office components; Built in 2021 with three operating rooms and 12 pre- and post‑operative beds; Second floor includes 15 exam rooms, two procedure rooms, and an X‑ray room
