3423 Ustick rd | Meridian, ID 83646
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- LoopNet Team
3423 Ustick rd
Meridian, ID 83646
Washington Federal Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- WaFd recently signed an initial lease term of ten (10)-years with two (2), five (5)-year options to extend, demonstrating their long-term commitment.
- WaFd Bank (NASDAQ: WAFD) has been in business since 1917 and has over 200 branches in nine (9) states.
- The ground-up construction of the +/-3,100 sq. ft. branch is the new prototype design and includes a drive-thru.
- The lease contains strong ten percent (10%) rent increases every five (5) years throughout lease term (including primary and option periods).
- WaFd Bank is an ideal low management investment for a passive investor.
- The large approximately 32,000 sq. ft. lot has multiple access points from both Ustick Road and Eagle Road.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,100 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.76 AC
Zoning
C-G - General Commercial
AMENITIES
- Banking
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | R8048320080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $798,600 |
PROPERTY TAXES
Parcel Number
R8048320080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$798,600
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