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4855 N. Cortona Way 4855 N Cortona Way 7,394 - 16,228 SF of Retail Space Available in Meridian, ID 83646
HIGHLIGHTS
- Ideal spot for retail, dining, and service businesses
- Positioned at the signalized intersection of Ten Mile & McMillan Roads
- High-visibility location
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Building 1 | 7,394 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $332,730 /YR $27,728 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Building 2 | 8,834 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $397,530 /YR $33,128 /MO | Triple Net (NNN) |
4855 N Cortona Way - 1st Floor - Ste Building 1
LEASE RATE: $45.00/SF AVAILABLE: Bldg. 1: 7,394 SF Bldg. 2: 8,834 SF LEASE TYPE: NNN T.I ALLOWANCE: $30.00/SF LOT SIZE: 1.94 Acres ZONING: C-G (General Commercial) PARCEL #: R9010680121 & R9010680131 CONSTRUCTION: Anticipated Summer 2025, Delivery Q1 2026
- Lease rate does not include utilities, property expenses or building services
- T.I. Allowance $30.00/SF
- New proposed retail/office building
- Ideal spot with prime visibility
4855 Cortona Way - 1st Floor - Ste Building 2
LEASE RATE: $45.00/SF AVAILABLE: Bldg. 1: 7,394 SF Bldg. 2: 8,834 SF LEASE TYPE: NNN T.I ALLOWANCE: $30.00/SF LOT SIZE: 1.94 Acres ZONING: C-G (General Commercial) PARCEL #: R9010680121 & R9010680131 CONSTRUCTION: Anticipated Summer 2025, Delivery Q1 2026
- Lease rate does not include utilities, property expenses or building services
- T.I. Allowance $30.00/SF
- New proposed retail/office building
- Ideal spot with prime visibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 16,228 SF | Frontage | W McMillan Rd |
| Center Type | Strip Center | Gross Leasable Area | 16,228 SF |
| Stores | 2 | Total Land Area | 3.89 AC |
| Center Properties | 2 | Year Built | 2026 |
| Total Space Available | 16,228 SF |
| Center Type | Strip Center |
| Stores | 2 |
| Center Properties | 2 |
| Frontage | W McMillan Rd |
| Gross Leasable Area | 16,228 SF |
| Total Land Area | 3.89 AC |
| Year Built | 2026 |
ABOUT THE PROPERTY
Newly proposed retail/office buildings just off Cortona Way Ideal spot for retail, dining, and service businesses Strategically positioned at the signalized intersection of Ten Mile & McMillan Roads, key routes in the Treasure Valley Nestled among vibrant new and upcoming residential communities High-visibility location near the bustling new Costco and Winco Foods Situated right in the heart of a rapidly growing area
NEARBY MAJOR RETAILERS
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4855 N. Cortona Way | 4855 N Cortona Way
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