2929 Navigator Dr, Meridian, ID 83642
The Magellan Building, a Class A, 80,000 square foot office building located at 2929 W Navigator Dr, Suite 140, Meridian, ID 83642, offers a prime opportunity for businesses seeking efficient and modern workspace. Built in 2019, this four-story building features a total of 400+ parking spaces and two high-speed elevators, ensuring convenient access for tenants and visitors. Currently, 6,410 square feet of space is immediately available for lease, providing a "plug & play" solution with immediate occupancy. The available space is fully wired with Cat 6 cabling, accommodating various technological needs. Fiber optic providers such as Sparklight and Lumen are readily available within the building. Security features include pre-wiring for security cameras and a keyless access system with fobs and a proprietary key system, ensuring a secure environment. The building is situated in the Ten Mile submarket cluster of Meridian, Idaho, with convenient access to I-84 and 10 Mile Road. This traditional office space is perfect for businesses seeking a modern, efficient, and secure location in a thriving Meridian submarket. The building's modern design and amenities make it an ideal choice for companies of all sizes.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.