For Sale
$4,423,404

6357 Fox Run WayMeridian, ID 83646

Single-tenant NNN medical building, high-growth area.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A medical office building, located at 6357 N. Fox Run Way in Meridian, Idaho, presents a compelling investment opportunity. The property encompasses 5,375 square feet on a 0.54-acre lot (APN R6905540020) and is situated within the highly desirable Ada County. Currently 100% occupied by Saltzer Health Clinic & Urgent Care under a 15-year triple-net (NNN) lease with a 2.5% annual rent increase, this investment offers predictable and consistent cash flow. The building is a single-story structure with C-C zoning. Its prime location within a rapidly expanding area of Meridian, Idaho, benefits from proximity to key amenities such as Orchard Park Plaza and Costco, as well as convenient access to The Village at Meridian, Hwy 55, and the Ten Mile Corridor. Meridian's status as one of the fastest-growing communities in the U.S. ensures strong long-term value appreciation potential. The asking price for this exceptional investment property is $4,423,404. This is a rare opportunity to acquire a stable, high-performing medical office building in a thriving market. The lease is currently in its third year, providing immediate income and long-term security.

Highlights

  • 5,375 SF Class A medical office building on a 0.54-acre lot in Meridian, ID (APN R6905540020).
  • 100% occupied by Saltzer Health under a 15-year NNN lease with 2.5% annual rent increases.
  • Located in Ada County, near Orchard Park Plaza, Costco, The Village at Meridian, Hwy 55, and the Ten Mile Corridor.
  • Single-story building with C-C zoning.
  • Asking price: $4,423,404.

Property Details for 6357 Fox Run Way

Property type
Office properties, Medical offices
Square Feet
5,375 SF
Class
A
Buildings
1
Stories
1
Lot Size (sq. ft)
23,522 SF

Location Insight

City
Meridian
County
Ada
State
Idaho
Latitude
43.662781501492
Longitude
-116.40336099364
6357 Fox Run Way, Meridian, Idaho

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6357 Fox Run Way
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