1491 S Eagle Rd
Meridian, ID 83642 Southeast Meridian

$2,400,000 USD

Auto Repair For Sale • 3,317 SF

Property Details

Property Type Auto Repair
Total Building Size 3,317 SF
Lot Size 0.47 AC
Building Class B
Year Built 2019
Tenancy Single
Zoning C-G

20 Transit Score

50 Walk Score

                
                    Highlights
                
                                Long-Term Absolute NNN Lease – 100% leased to Valvoline, LLC, providing stable, passive income with no landlord responsibilities.
                            
                                Strong National Credit Tenant – Backed by a nationally recognized automotive service operator with a proven operating history and strong brand
                            
                                High-Quality Asset – Well-maintained 3,317 SF freestanding retail building completed in 2019
                            
                                High-Exposure Eagle Rd Location – Strategically located along S. Eagle Road—one of Meridian’s busiest commercial corridors
                            
                                Attractive 5.50% Cap Rate – Offered at a compelling 5.50% cap rate, presenting an opportunity to acquire a stabilized, long-term NNN investment