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Retail/Office Building Site

4855 North Cortona Way, Meridian, ID 83646

For Lease
$45 SF/Yr

Newly proposed retail and office buildings near a signalized intersection and major retail anchors Costco and Winco Foods.

Space Size7,394 SF - 8,834 SF
Property Size16,228 SF
Days on Market105

Property Features for 4855 North Cortona Way

General Information

Standard status Active
Size 7,394 SF - 8,834 SF
Property subtype Retail - Interior Retail

Building Details

Building Size 16,228 SF
Year Built 2026
Stories 1

Spaces For Lease

at 4855 North Cortona Way Contact us

1 Floor $45/SF/Yr

Floor 1
Size 7,394 SF
Type Interior Retail
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

1 Floor $45/SF/Yr

Floor 1
Size 8,834 SF
Type Interior Retail
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Cushman & Wakefield
Listed By: Jennifer McEntee · License #SP24842
Source: Commercialcafe
Added: Jul 26 Changed: Oct 26 Last Checked: Nov 6 at 5:31AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Newly proposed retail/office buildings are planned just off Cortona Way, offering space suited for a mix of retail, dining, and service businesses. The property is positioned at a signalized intersection of Ten Mile & McMillan Roads, providing convenient access along key routes in the Treasure Valley.

The site is located among vibrant new and upcoming residential communities, with high visibility expected from its established retail surroundings. Nearby shopping includes the bustling new Costco and Winco Foods, supporting strong everyday traffic patterns for retail users.

This is a flexible retail/office development opportunity in a rapidly growing area, designed to accommodate businesses looking to serve the surrounding residential base from a prominent intersection.

Key Highlights

  • Newly proposed retail and office buildings (Year built: 2026)
  • Located just off Cortona Way
  • Situated at the signalized intersection of Ten Mile & McMillan Roads

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store HVAC Service Electrical Service

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

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
198k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 57% Dining 27% Shops & Services 14% Electronics 1%
Walmart Superstores
113,465 visits/mo 0.3 miles
Starbucks Dining
16,044 visits/mo 0.3 miles
Panda Express Dining
13,001 visits/mo 0.3 miles
Chevron Shops & Services
11,394 visits/mo 0.3 miles
Broken Yolk Cafe Dining
8,896 visits/mo 0.3 miles

Demographics for 83646, ID

69,818
Population
26,829
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
2,557
Density / Sq Mi
$101,040
Median Household Income
$47,397
Median Earnings
$1,814
Median Rent
$488,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Meridian, ID

$31.4 /SF/Yr
Avg Asking Price
$17–$50 /SF/Yr
Price Range
6,699 SF
Avg Space Size

This space is priced 43% above the average of $31.4 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Meridian, ID

$31.5 Jul
$31 Aug
$31.4 Sep
$31.4 Oct

Properties on Market for Retail space in Meridian

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Newly proposed retail and office buildings near a signalized intersection and major retail anchors Costco and Winco Foods.
Where is this retail space located?
The property is located at 4855 North Cortona Way Meridian, ID.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Newly proposed retail and office buildings (Year built: 2026); Located just off Cortona Way; Situated at the signalized intersection of Ten Mile & McMillan Roads
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