Log In/Sign Up
Your email has been sent.
5004 N Linder Rd 4,995 SF 100% Leased Office Building Meridian, ID 83646 $3,500,000 ($700.70/SF) 5.99% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% leased to beBright and professionally operated by Kelson Orthodontics
- Ample Parking & Visibility
- Flexible Zoning
- Modern Medical Office Facility
- Rapidly Growing Market — Located in Meridian—one of the fastest-growing cities in the U.S.
- NNN Lease Structure
EXECUTIVE SUMMARY
TOK Commercial is pleased to present the offering of 5004 N. Linder Road in Meridian, Idaho. This 4,995 SF medical office building, constructed in 2014, is situated on 0.64 acres within the highly flexible CG (General Commercial) zoning district. Purpose-built for orthodontic use, the facility features modern finishes, landscaped grounds, permeable paver parking, and excellent visibility along N. Linder Road with 14,977 vehicles per day. The property is 100% leased on a NNN basis to BeBright and operated by Kelson Orthodontics, a trusted and well-established practice backed by the BeBright family of companies. Offered at $3,500,000, the investment reflects a 6.0% cap rate and delivers reliable, long-term income secured by an essential healthcare tenant. Located in Meridian—one of the fastest-growing cities in the U.S.—the property benefits from strong surrounding demographics and sustained demand for medical services. With stable cash flow, quality construction, and maximum zoning flexibility, 5004 N. Linder Road represents a rare opportunity to acquire a turnkey medical office investment in one of Idaho’s most dynamic growth corridors.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,995 SF
Building Class
B
Year Built
2014
Price
$3,500,000
Price Per SF
$700.70
Cap Rate
5.99%
NOI
$209,750
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,498 SF
Building FAR
0.18
Lot Size
0.64 AC
Zoning
C-G - General Commercial
1 1
PROPERTY TAXES
| Parcel Number | R1527290030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,973,200 |
PROPERTY TAXES
Parcel Number
R1527290030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,973,200
CONTACTS
-
Mike Greene CCIM, SIOR -
Nick Schuitemaker, CCIM -
Peter Oliver CCIM, SIOR -
TOK Commercial
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
5004 N Linder Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.