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1050 S Silverstone Way - Top Golf 60,000 SF Specialty Building Offered at $25,000,000 at a 7% Cap Rate in Meridian, ID 83642
Investment Highlights
- STNL INVESTMENT OPPORTUNITY IN IDAHO'S FASTEST-GROWING MARKET
- STRATEGIC LOCATION, ECONOMIC DRIVERS - TECH & HEALTHCARE
- STRONG ECONOMIC MARKET WITH TENANT BASE
- MERIDIAN, PRESENTS A COMPELLING BLEND OF GROWTH, OPPORTUNITY & AN EXCEPTIONAL QUALITY OF LIFE
Executive Summary
STNL INVESTMENT OPPORTUNITY IN HIGH-GROWTH MARKET
* NNN lease provides ease of ownership.
* The remaining lease term, totaling ±16 years (not including extensions), provides investment security.
* The current annual rent totals $1.75M, reflecting an attractive passive income steam for new ownership. 10% rent increases, occurring every 5 years, provide a compelling hedge against future inflationary pressures.
FLAGSHIP ENTERTAINMENT ASSET IN IDAHO’S FASTEST-GROWING MARKET
* Topgolf Meridian is Idaho’s first and only Topgolf location, positioned within the Boise–Meridian metro, one of the fastest-growing regions in the Mountain West. The venue benefits from being a category-defining regional draw, with no in-state competition from comparable golf-entertainment concepts, allowing it to capture demand from the entire Treasure Valley and surrounding secondary markets.
STRATEGIC INTERSTATE & REGIONAL VISIBILITY
* The property sits immediately adjacent to Interstate 84 and Eagle Road, one of the busiest traffic corridors in Idaho, offering exceptional visibility and signage exposure to both daily commuters and regional travelers. This location places the asset within a 30-minute drive of more than 750,000 residents, further reinforcing its regional draw characteristics rather than reliance on hyper-local patrons.
STRONG ECONOMIC MARKET WITH TENANT BASE
* Market: Meridian is the fastest growing submarket in the Boise MSA.
* Population Growth: Projected +19.2% by 2029. 3 mile: ~61,500 projected +13.8%.
* Household Income: 2025 Avg HH Income for Meridian $142,982
* NNN lease provides ease of ownership.
* The remaining lease term, totaling ±16 years (not including extensions), provides investment security.
* The current annual rent totals $1.75M, reflecting an attractive passive income steam for new ownership. 10% rent increases, occurring every 5 years, provide a compelling hedge against future inflationary pressures.
FLAGSHIP ENTERTAINMENT ASSET IN IDAHO’S FASTEST-GROWING MARKET
* Topgolf Meridian is Idaho’s first and only Topgolf location, positioned within the Boise–Meridian metro, one of the fastest-growing regions in the Mountain West. The venue benefits from being a category-defining regional draw, with no in-state competition from comparable golf-entertainment concepts, allowing it to capture demand from the entire Treasure Valley and surrounding secondary markets.
STRATEGIC INTERSTATE & REGIONAL VISIBILITY
* The property sits immediately adjacent to Interstate 84 and Eagle Road, one of the busiest traffic corridors in Idaho, offering exceptional visibility and signage exposure to both daily commuters and regional travelers. This location places the asset within a 30-minute drive of more than 750,000 residents, further reinforcing its regional draw characteristics rather than reliance on hyper-local patrons.
STRONG ECONOMIC MARKET WITH TENANT BASE
* Market: Meridian is the fastest growing submarket in the Boise MSA.
* Population Growth: Projected +19.2% by 2029. 3 mile: ~61,500 projected +13.8%.
* Household Income: 2025 Avg HH Income for Meridian $142,982
Property Facts
| Price | $25,000,000 | Lot Size | 11.56 AC |
| Price Per SF | $416.67 | Building Size | 60,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7% | Year Built | 2022 |
| Property Type | Specialty | Parking Ratio | 4.57/1,000 SF |
| Building Class | A | ||
| Zoning | C-G - General Commercial | ||
| Price | $25,000,000 |
| Price Per SF | $416.67 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Building Class | A |
| Lot Size | 11.56 AC |
| Building Size | 60,000 SF |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 4.57/1,000 SF |
| Zoning | C-G - General Commercial |
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Property Taxes
| Parcel Number | R7319432000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $20,123,300 |
Property Taxes
Parcel Number
R7319432000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$20,123,300
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1050 S Silverstone Way - Top Golf
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