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3520 E Louise Dr
Meridian, ID 83642
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully occupied, single-tenant medical office building.
  • Situated on 1.2 acres, the property offers 5.3 | 1,000 parking ratio.
  • New, five-year lease at $25.00 per square foot with 2.5% annual escalations includes two 5-year options to renew.
  • Well located in North Meridian, off Eagle Road, and adjacent to St. Luke’s Meridian campus.
  • NNN leased by OGA, an independent operator providing obstetrical, gynecological, surgical, and preconception services and sexual medicine.
  • OGA has been a stable tenant since 1969.

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
11,652 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,652 SF
Building FAR
0.22
Lot Size
1.22 AC
Zoning
L-O
Parking
68 Spaces (5.84 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R8509130032
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,804,100
  • Listing ID: 26249477

  • Date on Market: 7/25/2022

  • Last Updated:

  • Address: 3520 E Louise Dr, Meridian, ID 83642

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