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    FOR SALE
    Commercial real estate

    6259 N Linder Rd, Meridian, ID 83646

    10,018 SF 1.19 ac lot Built 2017
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US27-0916756
    6259 N Linder Rd, Meridian, ID 83646 For Sale
    $2,800,000 10,018 SF
    6259 N Linder Rd, Meridian, ID 83646
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2017
    Total area 10,018 SF
    Lot 1.19 ac (51,706 SF)
    Zoning code C-G
    APN R4995340100
    UPID US27-0916756
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dollar Tree Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $630k
    Owner & transaction history
    Northwest Dev Companies LLC · 9 yrs held
    Northwest Dev Companies LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    C-G · Meridian, ID
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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