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1500 North Locust Grove Road
Meridian, ID 83642
Asking Price
$2.40M
Cap Rate
5.96%
Asset Type
Flex Retail
Class
Class B
What's Special
Diverse Tenant Mix & Stable Occupancy History <ul><li><span style="color: rgba(33, 37, 41, 1)">Prime retail investment opportunity in the heart of Meridian</span></li><li><span style="color: rgba(33, 37, 41, 1)">Excellent visibility and access with strong daily traffic counts</span></li><li><span style="color: rgba(33, 37, 41, 1)">Good tenant mix with a proven history of occupancy and leasing success</span></li><li><span style="color: rgba(33, 37, 41, 1)">Ample parking and convenient ingress/egress for customers and tenants</span></li><
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
