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1491 S Eagle Rd
Meridian, ID 83642
Retail Property For Sale
Investment Highlights
- Long-Term Absolute NNN Lease – 100% leased to Valvoline, LLC, providing stable, passive income with no landlord responsibilities.
- High-Quality Asset – Well-maintained 3,317 SF freestanding retail building completed in 2019
- Attractive 5.50% Cap Rate – Offered at a compelling 5.50% cap rate, presenting an opportunity to acquire a stabilized, long-term NNN investment
- Strong National Credit Tenant – Backed by a nationally recognized automotive service operator with a proven operating history and strong brand
- High-Exposure Eagle Rd Location – Strategically located along S. Eagle Road—one of Meridian’s busiest commercial corridors
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,317 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.47 AC
Zoning
C-G - General Commercial
Property Taxes
| Parcel Number | R1901110085 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,917,600 |
Property Taxes
Parcel Number
R1901110085
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,917,600
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