Property profile

2929 Navigator Dr Meridian, ID 83642

OFF-MARKET
Office Spaces
80,000 SF Built 2019
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2019
Total area 80,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2929 Navigator Dr Meridian, ID 83642
Meridian metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2929 Navigator Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message