875 Vanguard Way Meridian, ID 83642
This exceptional Class A medical office building, located at 875 S Vanguard Way in Meridian, Idaho, presents a unique sublease opportunity. Situated within the vibrant 10-Mile Crossing area of the Treasure Valley, this four-story building offers unparalleled access to major growth hubs in Ada and Canyon Counties. The property boasts a prime location and benefits from its central position. A newly constructed, minimally used Endoscopy & GI Surgery Center occupies the third floor, providing state-of-the-art facilities. The building features multiple tenancies, allowing for flexible sublease terms and various size options at below-market rates. This is an ideal opportunity for medical practices seeking a prestigious address and modern amenities. The building enjoys a strong tenant roster, including established medical providers such as St. Alphonsus Urgent Care and Surgery Center, Intermountain Medical Imaging, Primary Health ENT, Idaho Voice and Swallow, The Urology Clinic, North Fork Orthopedics Surgery, and Treasure Valley Orthopedics. The current lease expiration date is January 31, 2036. This property offers a compelling combination of location, amenities, and flexible terms, making it an exceptional investment opportunity in a thriving medical market. The building is in Ada County, zip code 83642.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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