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Single-Tenant NNN Office Property
For Sale
Contact for pricing
Pending

3103 West Sheryl Drive, Meridian, ID 83642

100% occupied by Toll Brothers and configured as a home design center with office space.

Property Size11,358 SF
Days on Market45

Property Features for 3103 West Sheryl Drive

General Information

Standard status Pending
Size 11,358 SF
Class Trophy
Property subtype Office, Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2013
Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Penland Properties
Listed By: Chris Penland · License #ID 28085
Source: Crexi
Added: Jul 21 Changed: Sep 1 Last Checked: Aug 31 at 9:22PM

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 Penland Properties

Investment Insights

Based on property information with market context.

This 11,358-square-foot NNN property is a single-tenant office building occupied by Toll Brothers, Inc. The facility combines a home design center with office space and features distinctive architecture, extensive interior improvements, and high-end finishes. Coleman Homes originally constructed and occupied the building in 2013 before its acquisition by Toll Brothers, which continues as the tenant.

The property is located at 3103 West Sheryl Drive in Meridian, Idaho, a Boise suburb within the Treasure Valley metropolitan area. Access to Interstate-84 is available via 10-Mile Road, providing a central position for customers visiting from Toll Brothers’ 9 existing communities in the Treasure Valley. Toll Brothers is identified in the property information as a Fortune 600 company with a BBB- investment-grade rating from Fitch Inc.

Key Highlights

  • 11,358‑square‑foot home design center and office building
  • 100% occupied by Toll Brothers, Inc. as the single tenant
  • NNN property offered for sale

Property Analytics

Current Use

TBI Mortgage Company ... Loan Service Toll Brothers Idaho ... Construction Company

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Hair Salon Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - 100% occupied by Toll Brothers and configured as a home design center with office space.
Where is this nnn property located?
The property is located at 3103 West Sheryl Drive Meridian, ID.
What are key features of this property?
This property features: 11,358‑square‑foot home design center and office building; 100% occupied by Toll Brothers, Inc. as the single tenant; NNN property offered for sale
More about this property
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