- For Sale $3,400,899
- Property Type Retail - Restaurant
- Property Size 4,167 SF
- Lot Size 0.87 Acre
- Cap Rate % 5
- Parking Spaces Avail. 30
- Parking Ratio 7.20 / 1,000 SF
- Year Built 2004
- Year Renovated 2026
- Date Updated Nov 3, 2026
Description
Multi-Tenant NNN Leased Investment
LEASE TERMS: 5 Years & 10 Years
RENEWALS: One & Two 5-year options
RENT BUMPS: 2% Annually
PARCEL #: R7909770093
ZONING: C-C Zone
This multi-tenant investment property presents an opportunity to acquire a recently renovated commercial asset leased to Caines Collective – REV Collective, a new coffee/café/market concept, and Hitch & House Cocktail Lounge - Idaho Tipsy Trailers, a small neighborhood cocktail lounge and tasting room and a catering and event services company. The property is currently undergoing renovations, including tenant improvements, exterior enhancements, and other capital upgrades designed to improve the functionality and appearance of the asset. The site offers multiple dedicated tenant entrances, open sales areas, large storefront windows, two common-area restrooms, on-site parking, building and monument signage areas, a patio area, and convenient access from both Eagle and Overland Roads.
Strategically positioned at the signalized hard corner of Eagle Road and Overland Road in Meridian, Idaho, the property benefits from excellent visibility, accessibility, and exposure. Across from the Eagle View Landing development which will soon be home to a new 60,000 SF medical office building.
The property is also strategically located near Interstate 84 Exit 46, providing convenient connectivity between Meridian Road and the Flying Y/I-184 connector to Downtown Boise. The surrounding area offers a strong employment base, with approximately 56,037 employees within a three-mile radius and 76,981 employees within a 10-minute drive time, supporting the property’s long-term commercial appeal.
Located in the Silverstone Business Park, and east of the El Dorado Business Park (both consisting of over 10,000 employees) and the Gramercy mixed-use development, all of which include a mix of local retail shops, dining, offices, and professional services.
False
Contacts
Summit Commercial Real Estate Group
Summit Commercial Real Estate Group
Summit Commercial Real Estate Group