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    3055 Fairview Ave Meridian, ID 83642

    Sponsored
    For Lease
    Contact for pricing

    3,979 SF Restaurant/Retail Space

    Lot size:
    22,969 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,979-square-foot retail or restaurant space is situated within the Fairview Pavilion in Meridian, Idaho, at 3055 E Fairview Ave, 83642. Part of a larger 22,969-square-foot building on a 1.71-acre lot, this single-story property offers ample opportunity for a variety of businesses. Built in 1999, the building features a total of 6 suites and 67 shared parking spaces. The space is currently vacant and ready for immediate occupancy, offering a blank canvas for your vision. The property is zoned City-of-Meridian I-L and boasts convenient access via Eagle Road. The parcel number is R8525100420 and is located in Ada County. This is a NNN lease opportunity with an estimated $2.47 per square foot lease rate. A five-year lease term is preferred. The space is available for occupancy in October 2024. Contact for lease rate details and to schedule a tour. This prime location in Meridian offers excellent visibility and accessibility, making it an ideal space for a thriving business. The property's size and layout provide flexibility for various configurations, catering to diverse business needs. Don't miss this chance to establish your business in a vibrant and growing community.

    Property Features for 3055 Fairview Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,969 SF

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 110
    Size
    3,979 SF

    HighLights

    • High‑traffic retail space at a major Idaho intersection, exceeding 87,500 cars daily.
    • Turnkey restaurant opportunity; former Quik‑Wok location, fixtures, furniture, and equipment (FF&E) available.
    • Features open dining, private room, office, prep areas, large kitchen with hood system, two restrooms, and rear loading dock.
    • Excellent visibility with building and monument signage.
    • Strong co‑tenancy with national brands including Krispy Kreme, Applebee's, Red Robin, In‑N‑Out Burger, Albertsons, Walmart, and The Village at Meridian.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fairview Pavilion Shopping Mall Quik Wok Restaurant Chinese Restaurant SalonCentric Beauty Supply Store Lotus Roots Nutrition Nutritionist Seagull Book Book Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.3585164502
    Latitude
    43.61917024037

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    FAQs

    What type of property is this?
    Restaurant - 3,979 SF Restaurant/Retail Space
    Where is this restaurant located?
    The property is located at 3055 Fairview Ave Meridian, ID.
    What are key features of this property?
    This property features: High-traffic retail space at a major Idaho intersection, exceeding 87,500 cars daily.; Turnkey restaurant opportunity; former Quik-Wok location, fixtures, furniture, and equipment (FF&E) available.; Features open dining, private room, office, prep areas, large kitchen with hood system, two restrooms, and rear loading dock.
    Request Owner's contact information
    3055 Fairview Ave Meridian, ID 83642
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    Meridian, ID 83642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3055 Fairview Ave Meridian, ID 83642
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