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1330 E Fairview Ave 7,750 SF 81% Leased Retail Building Meridian, ID 83642 $2,600,000 ($335.48/SF) 5.90% Cap Rate

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EXECUTIVE SUMMARY

• Multi-tenant retail building in fast growing Meridian
• Approximately 0.30+/- acre building pad and parking behind retail building
• Perfect for flex space
• Purchase Price: $2,600,000
• 7,750 SF multi-tenant retail building
• Zoning: C-G General retail and service commercial district
• Located just west of busiest intersection in the state of Idaho

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,750 SF
Building Class
B
Year Built
2008
Price
$2,600,000
Price Per SF
$335.48
Cap Rate
5.90%
NOI
$153,400
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.06 AC
Zoning
C-G - General Commercial
Parking
26 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
173’ on E Fairview Ave

AMENITIES

  • Pylon Sign
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Fit Donuts, LLC
  • Retailer
  • -
  • -
  • Triple Net
  • Dec 2020
  • Golden Massage Spa
  • Services
  • -
  • -
  • Triple Net
  • -
  • Retailer
  • -
  • -
  • Triple Net
  • -
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Papa Murphy’s Take ‘N’ Bake Pizza is the franchisor behind the largest Take ‘n’ Bake pizza brand, delivering a distinctive at-home meal experience through fresh, high-quality ingredients and exceptional guest service. Rooted in a culture of innovation, the company encourages customers to craft pizzas their way, embracing individuality in every order. Built on the values of quality, service, integrity, and teamwork, Papa Murphy’s fosters a collaborative and accountable environment for team members and guests alike. Consistently recognized for customer loyalty and satisfaction, the brand remains a trusted favorite in the limited-service restaurant industry.

  • The Chair
  • -
  • -
  • -
  • Triple Net
  • May 2023
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Fit Donuts, LLC Retailer - - Triple Net Dec 2020
Golden Massage Spa Services - - Triple Net -
Retailer - - Triple Net -
Accommodation and Food Services - - Triple Net -
The Chair - - - Triple Net May 2023

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 102
  • 1,496 SF
  • Retail
  • -
  • Now

• Great retail space with Fairview Ave frontage • Suite is adjacent to Papa Murphy’s • Facade and monument signage availability • Zoning: C-G General retail and service commercial district • Located just west of busiest intersection in the state of Idaho

Space Size Space Use Position Available
102 1,496 SF Retail - Now

102

Size
1,496 SF
Space Use
Retail
Position
-
Available
Now

102

Size 1,496 SF
Space Use Retail
Position -
Available Now

• Great retail space with Fairview Ave frontage • Suite is adjacent to Papa Murphy’s • Facade and monument signage availability • Zoning: C-G General retail and service commercial district • Located just west of busiest intersection in the state of Idaho

NEARBY MAJOR RETAILERS

Crunch Fitness
Dutch Bros
Smoky Mountain Pizza
Fred Meyer
Starbucks
Banner Bank
KeyBank
Blimpie
Marie Callender's Restaurant & Bakery
Albertsons Floral

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R1901000094
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,424,800
  • Listing ID: 34700177

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 1330 E Fairview Ave, Meridian, ID 83642

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