6259 N Linder Rd Meridian, ID 83642
- Commercial real estate
- 10,018 SF
- 1.19 lot acres
Current Use by Public Records
- Dollar Tree / Dollar Store / Grocery Store
Property Details for 6259 N Linder Rd
- Year built
- 2017
- Lot size
- 1.19 lot acres
- Property size
- 10,018 SF
- Zone code
- C-G
- Property type
- Commercial real estate
- APN
- R4995340100
- APU
- R4995340100
Description
This exceptional investment opportunity presents a fee-simple, 10,000 square foot Dollar Tree located at 6259 N Linder Rd, Meridian, ID 83646. Built in 2017, this Class A retail property sits on a 51,716 square foot lot and boasts a corporate guaranteed NNN lease with Dollar Tree Stores, Inc. The current lease, with an annual rent of $140,000, extends to June 2027, and includes three five-year renewal options. The property features a 5.00% cap rate and a $2,800,000 asking price, translating to $280 per square foot. The single-story building is 100% occupied since August 8, 2017, and benefits from rent bumps. The property is zoned C-G and offers cross access and a shared pylon sign. This is a rare opportunity to acquire a stable, high-performing investment with a strong national tenant and significant remaining lease term. The property's location in Meridian, Ada County, Idaho, provides excellent visibility and access. The property's strong financials and long-term lease make it an attractive investment for discerning buyers. The APN is R4995340100.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $375,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.416
- Latitude
- 43.6616
- CBSA code
- 14260
- CBSA name
- BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
