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The Savoy Building 650 E Fairview Ave 2,116 - 4,233 SF of Space Available in Meridian, ID 83642
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,116 SF | 3-5 Years | $22.50 /SF/YR $1.88 /SF/MO $47,610 /YR $3,968 /MO | Triple Net (NNN) | ||
| 2nd Floor | 2,117 SF | 3-5 Years | $20.00 /SF/YR $1.67 /SF/MO $42,340 /YR $3,528 /MO | Full Service |
1st Floor
A prime commercial property (Retail / Office) available for lease in Meridian, Idaho. 650 East Fairview Avenue. This stand alone modern 2 story building boasts a spacious layout, ideally suited for retail or office uses. +/- 4,233 SF and can be demised. With ample parking and excellent Fairview Avenue frontage, visibility, and signage opportunities it offers a perfect location for businesses wanting consumer exposure. The property's location provides easy access and arterial high traffic (Fairview Avenue) exposure. This recently updated and well maintained interior is turnkey ready for your needs. -Located on Fairview Ave in Meridian, ID -Easy access from major arterial -Modern and attractive facade -High visibility signage opportunities -Flexible floor plan demising options -Recently updated high-quality interior finishes -Multiple large "roadway frontage" display windows with accent lighting for all day / all night marketing. -Abundant natural light throughout -Efficient heating and cooling systems -Overhead Garage Door access / entry to main level -ADA compliant amenities -Close proximity to downtown Meridian hub of amenities and services
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Security System
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
- Location, Location, Location
- Flexible floor plan demising options
- Recently updated high-quality interior finishes
- Farivew Avenue Frontage
- Multiple large display windows
2nd Floor
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Fully Carpeted
- Security System
- Exposed Ceiling
- Emergency Lighting
- After Hours HVAC Available
- Accent Lighting
- Open-Plan
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 | 4,233 SF | Gross Leasable Area | 4,234 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Freestanding | Parking Ratio | 3.78/1,000 SF |
| Total Space Available | 4,233 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,234 SF |
| Year Built | 2007 |
| Parking Ratio | 3.78/1,000 SF |
FEATURES AND AMENITIES
- Signage
NEARBY MAJOR RETAILERS
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The Savoy Building | 650 E Fairview Ave
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