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4936 N Linder Rd
Meridian, ID 83646 Northwest Meridian

$2,770,592 USD

Fast Food For Sale  •  2,648 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,308 SF
• Lot Size 0.94 AC
• Building Class B
• Year Built 2015
• Cap Rate 6.25 %
• Zoning C-G

0 Transit Score

48 Walk Score

Highlights

Offered at $2,886,033, yielding a 6.00% cap rate.

There are ±9.25 years remaining on the lease, including two 5-year options to extend with 10% rental increases every 5 years.

Operated by The Merritt Group, a system-leading operator with over 180 units in 8 states and 6,000 employees.

Rare Sales Reporting Location: Sales reported monthly & annually by franchisee, providing an investor with transparency on health of business

±2,308 SF building situated on a ±0.94-acre parcel with over 160 feet of frontage and excellent visibility.

2015 build-to-suit construction for Sonic Drive-In. The property has a concrete parking lot with 54 parking spaces.

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Sonic Drive-In

Public Transportation

Airport	Drive	Walk	Distance
Boise Air Trml/Gowen Field	27 min	-	16.2 mi