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1st Floor - Unit 100
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Office
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1,161 SF
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$600,000 USD
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Unit Size: 1,161 SF
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Condo Use: Office
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Price: $600,000 USD
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Sale Type: Investment
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Price/SF: $516.80 USD
Description
Located in North Meridian at the signalized intersection of Ustick and Linder Road, offering easy access to Settlers Park and high visibility.
Sale Notes
Excellent opportunity to acquire a high-quality 1,161 SF office condo in North Meridian, ideally located at the signalized intersection of Ustick Rd and Linder Rd. Suite 100 features an efficient layout with multiple private offices, a conference room, reception area, break room, and restroom. The seller will execute a 2-year absolute NNN leaseback upon closing, providing immediate income stability, with Elevate Healthcare—a strong medical tenant—paying all operating expenses and generating $36,000 in NOI at a 6% cap rate. This offering is ideal for investors seeking stable cash flow or future owner-users looking to secure well-located office space in a growing submarket.
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Kekaula Kaniho
TOK Commercial
