6259 N Linder Rd, Meridian, ID 83646
For Sale
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.
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Dollar Tree Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C-G · Meridian, IDMeridian. Always verify with local authorities before improvements.
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.