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366 SW 5th Ave

Address
366 SW 5th Ave Meridian, ID 83642
County
Ada
Property Type
Industrial
Property Subtype
Warehouse
Market
Boise
Submarket
Meridian
Summary
Land SizeZoningBuilding Size (NRA)Total Assessed ValueTotal Taxes
43,908 SF C-G 10,998 SF $1,667,500 $0

Parcels

Parcel NumberAssessment YearTotal Land AreaTotal AcresLand ValueImproved ValueTotal Assessed ValueTaxes
R8533752100 2022 43,908 SF 1.01 AC $399,600 $1,267,900 $1,667,500 $0
R8533752100 2021 43,908 SF 1.01 AC $338,100 $918,400 $1,256,500 $8,918

Additional Information Available

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Space TypeFloor/SuiteTenant$/SFSizeStartTermExpense StructureLease TypeBroker NameBrokeragePhone Number
Office $15.00 5,480 SF NNN Listing Matt Mahoney Lee & Associates 208-340-9780

366 SW 5th Ave

Notes

Lee & Associates is pleased to present this two-tenant office flex property for sale or lease. The front suite is leased to Ascent Behavorial Health and the back suite will be delivered vacant. Excellent opportunity for an owner/user to occupy half of the building or an investor to capitalize on a below replacement cost asset. Both suites have extremely functional layouts with multiple private offices, conference rooms, and training/ lab/warehouse space. Concrete block construction with new roof in the fall of 2020 provides for low maintenance. Extremely central location to the Treasure Valley and easy accessibility to the I-84. • Priced below replacement cost • New roof installed in Fall 2020 • Centrally located & minutes from the interstate • Durable concrete block construction • Potential for roll up door installation and additional warehouse • Call agents for details

Property Details

Street Address
366 SW 5th Ave
City
Meridian
County
Ada
State
ID
ZIP
83642
Property Type
Industrial
Subtype
Warehouse
Market
Boise
Submarket
Meridian

Lease Details

Space Available
5,480 SF
Lease Rate PSF
$15.00
Lease Type
Listing
Space Type
Office
Expense Structure
NNN
Listing Start Date
04/19/2023
Listing Brochure
Download

Agent

Agent Name
Matt Mahoney
Agent Email
mattm@leeidaho.com
Agent Phone
208-340-9780
Agent Company
Lee & Associates
DatePrice$/SF NRACap RateStatusBroker NameBrokeragePhone Number
$2,350,000.00 $213.68 Listing Matt Mahoney Lee & Associates 208-340-9780
04/05/2002 Estimated
07/31/2013 Estimated

366 SW 5th Ave

Notes

Lee & Associates is pleased to present this two-tenant office flex property for sale or lease. The front suite is leased to Ascent Behavorial Health and the back suite will be delivered vacant. Excellent opportunity for an owner/user to occupy half of the building or an investor to capitalize on a below replacement cost asset. Both suites have extremely functional layouts with multiple private offices, conference rooms, and training/lab/warehouse space. Concrete block construction with new roof in the fall of 2020 provides for low maintenance. Extremely central location to the Treasure Valley and easy accessibility to the I-84. • Priced below replacement cost • New roof installed in Fall 2020 • Centrally located & minutes from the interstate • Durable concrete block construction • Potential for roll up door installation and additional warehouse • Call agents for details

Property Details

Street Address
366 SW 5th Ave
City
Meridian
County
Ada
State
ID
ZIP
83642
Property Type
Industrial
Subtype
Warehouse
Market
Boise
Submarket
Meridian

Sale Details

Sale Status
Listing
Sale Price
$2,350,000.00
Sale Price PSF
$213.68
Sale Price Per Land SQ FT
$53.52
Sale Price Per Land Acres
$2,331,349.21
Agent Name
Matt Mahoney
Agent Email
mattm@leeidaho.com
Agent Phone
208-340-9780
Agent Company
Lee & Associates
Listing Start Date
04/19/2023
Listing Brochure
Download

366 SW 5th Ave

Property Details

Street Address
366 SW 5th Ave
City
Meridian
County
Ada
State
ID
ZIP
83642
Property Type
Industrial
Subtype
Warehouse
Market
Boise
Submarket
Meridian

Sale Details

Sale Status
Estimated
Sale Date
04/05/2002
Buyer
Pennwood Llc
Seller
Troutner Business Park Development Corp

Mortgage Details

Recording Date
04/05/2002
Lender Name
Home Fed S/L
Loan Amount
$106,400.00
Term (months)
24
Interest Rate
6.78%
Document Type
Corporation Deed
Recording Number
2002.102040624

366 SW 5th Ave

Property Details

Street Address
366 SW 5th Ave
City
Meridian
County
Ada
State
ID
ZIP
83642
Property Type
Industrial
Subtype
Warehouse
Market
Boise
Submarket
Meridian

Sale Details

Sale Status
Estimated
Sale Date
07/31/2013
Buyer
Mitchell Blake Llp
Seller
Pennwood Ii Llc

Mortgage Details

Recording Date
08/05/2013
Lender Name
D L Evans Bank
Loan Amount
$500,000.00
Term (months)
360
Interest Rate
3.92%
Document Type
Warranty Deed
Recording Number
2013.113088871