4037 Eagle Rd Boise, ID 83713-0727

Property Details for 4037 Eagle Rd

Year built

2007

Lot size

0.65 lot acres

Property size

5,147 SF

Zone code

L-OD

Property type

Commercial real estate

APN

R9846840050

APU

R9846840050

Description

This exceptional 5,147-square-foot single-story commercial building presents a compelling investment opportunity in Meridian, Idaho. Situated on a 0.65-acre lot, the property boasts a prime location on Eagle Road, conveniently positioned midway between Ustick and McMillan Roads, with additional frontage on Wainwright Drive. The building is currently fully leased to a single tenant under a lease with three years remaining, and includes a five-year option to extend. Built in 2007, this property benefits from Boise City (L-O/D) zoning, ensuring versatility and future development potential. High traffic counts, averaging 48,890 vehicles per day (according to ACHD/Traffic Counts data from 2016), underscore the exceptional visibility and accessibility of this location. The asking price is $1,599,000, representing a strong 4.8% capitalization rate. The property's APN is R9846840050. This is an ideal investment for those seeking a stable, high-return property in a thriving market. The building's size and location make it an attractive asset with significant long-term potential. The existing lease provides immediate cash flow, while the zoning allows for flexibility in future uses. This is a rare opportunity to acquire a well-located, fully leased commercial property with a proven track record.