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    320 Ten Mile Rd Meridian, ID 83642

    For Lease
    $40 SF/Yr ($19,426 /Mo)

    Prime Meridian retail, high traffic, new construction

    Lot size:
    5,828 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 5,828 square foot retail space is located at 320 S. Ten Mile Road in Meridian, Idaho, a rapidly growing area in the heart of the Boise Valley. The property boasts prime frontage on Ten Mile Road, a major thoroughfare with a daily traffic count of 37,500 vehicles. Currently under construction with a projected completion date of 2024, this multi-tenant building offers 4,288 square feet of immediately available space. The property sits on 1.5 acres of land and includes 35 parking spaces, ensuring ample convenience for customers. Its strategic location is a significant advantage, situated just half a mile north of I-84 and at a main entrance point for several major developments including Scheels, The Lofts at Ten Mile, The Flats at Ten Mile, and Altair Apartments. The presence of Dutch Bros Coffee as an anchor tenant will further enhance visibility and draw significant foot traffic to the property. The property is zoned C-G (General Retail and Service Commercial), offering flexibility for a variety of retail uses. The APN is R8483010020. This is a rare opportunity to secure a prominent retail space in one of Idaho's fastest-growing submarkets.

    Property Features for 320 Ten Mile Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,828 SF
    Total Rate
    19426.67

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Suite C
    Size
    1,680 SF
    Rate per SF
    $40
    Space
    Suite B
    Size
    1,200 SF
    Rate per SF
    $45
    Space
    Suite A
    Size
    1,408 SF
    Rate per SF
    $42

    HighLights

    • 5,828 SF retail space at 320 S. Ten Mile Rd, Meridian, ID.
    • Prime Ten Mile Road frontage with 37,500 VPD.
    • 4,288 SF immediately available in a new multi‑tenant building (2024 completion).
    • 1.5‑acre site with 35 parking spaces.
    • Half‑mile from I‑84, near Scheels, The Lofts at Ten Mile, The Flats at Ten Mile, and Altair Apartments.
    • Dutch Bros Coffee anchor tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dutch Bros Coffee Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.433184
    Latitude
    43.6018789

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    FAQs

    What type of property is this?
    Retail property - Prime Meridian retail, high traffic, new construction
    Where is this retail property located?
    The property is located at 320 Ten Mile Rd Meridian, ID.
    What is the lease rate?
    The lease rate is $40-$45 SF/Yr.
    What are key features of this property?
    This property features: 5,828 SF retail space at 320 S. Ten Mile Rd, Meridian, ID.; Prime Ten Mile Road frontage with 37,500 VPD.; 4,288 SF immediately available in a new multi-tenant building (2024 completion).
    Request Owner's contact information
    320 Ten Mile Rd 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
    320 Ten Mile Rd Meridian, ID 83642
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