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111 N Main St
Meridian, ID 83642
Franklin & Main | Hard Corner Retail · Retail Property For Sale
Investment Highlights
- Premier Hard Corner Location: Situated on a signalized intersection with exceptional visibility and strong daily traffic.
- The lease expires April 30, 2028, allowing a future owner the ability to reposition the property in the near term. Tenant has no options to renew.
- Meridian continues to be one of the fastest growing cities in Idaho, supported by population growth.
- Potential to redevelop as tenant has no options to renew or option to raise rents to market level which are currently extremely low.
- The property is located within a dense retail corridor surrounded by national retailers, service providers, and strong residential growth.
Property Facts
Property Type
Building Size
2,668 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.29 AC
Zoning
O-T
Parking
12 Spaces (4.5 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R9426000417 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $703,400 |
Property Taxes
Parcel Number
R9426000417
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$703,400
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