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1050 S Silverstone Way 33,032 SF Sports & Entertainment Building Offered at $34,173,501 CAD at a 7% Cap Rate in Meridian, ID 83642
Investment Highlights
- STNL INVESTMENT OPPORTUNITY IN IDAHO'S FASTEST-GROWING MARKET
- STRATEGIC LOCATION, ECONOMIC DRIVERS - TECH & HEALTHCARE
- STRONG ECONOMIC MARKET WITH TENANT BASE
- MERIDIAN, PRESENTS A COMPELLING BLEND OF GROWTH, OPPORTUNITY & AN EXCEPTIONAL QUALITY OF LIFE
Executive Summary
STNL INVESTMENT OPPORTUNITY IN HIGH-GROWTH MARKET
* NNN lease provides ease of ownership.
* The remaining lease term, totaling ±16 years (not including extensions), provides investment security.
* The current annual rent totals $1.75M, reflecting an attractive passive income steam for new ownership. 10% rent increases, occurring every 5 years, provide a compelling hedge against future inflationary pressures.
FLAGSHIP ENTERTAINMENT ASSET IN IDAHO’S FASTEST-GROWING MARKET
* Topgolf Meridian is Idaho’s first and only Topgolf location, positioned within the Boise–Meridian metro, one of the fastest-growing regions in the Mountain West. The venue benefits from being a category-defining regional draw, with no in-state competition from comparable golf-entertainment concepts, allowing it to capture demand from the entire Treasure Valley and surrounding secondary markets.
STRATEGIC INTERSTATE & REGIONAL VISIBILITY
* The property sits immediately adjacent to Interstate 84 and Eagle Road, one of the busiest traffic corridors in Idaho, offering exceptional visibility and signage exposure to both daily commuters and regional travelers. This location places the asset within a 30-minute drive of more than 750,000 residents, further reinforcing its regional draw characteristics rather than reliance on hyper-local patrons.
STRONG ECONOMIC MARKET WITH TENANT BASE
* Market: Meridian is the fastest growing submarket in the Boise MSA.
* Population Growth: Projected +19.2% by 2029. 3 mile: ~61,500 projected +13.8%.
* Household Income: 2025 Avg HH Income for Meridian $142,982
* NNN lease provides ease of ownership.
* The remaining lease term, totaling ±16 years (not including extensions), provides investment security.
* The current annual rent totals $1.75M, reflecting an attractive passive income steam for new ownership. 10% rent increases, occurring every 5 years, provide a compelling hedge against future inflationary pressures.
FLAGSHIP ENTERTAINMENT ASSET IN IDAHO’S FASTEST-GROWING MARKET
* Topgolf Meridian is Idaho’s first and only Topgolf location, positioned within the Boise–Meridian metro, one of the fastest-growing regions in the Mountain West. The venue benefits from being a category-defining regional draw, with no in-state competition from comparable golf-entertainment concepts, allowing it to capture demand from the entire Treasure Valley and surrounding secondary markets.
STRATEGIC INTERSTATE & REGIONAL VISIBILITY
* The property sits immediately adjacent to Interstate 84 and Eagle Road, one of the busiest traffic corridors in Idaho, offering exceptional visibility and signage exposure to both daily commuters and regional travelers. This location places the asset within a 30-minute drive of more than 750,000 residents, further reinforcing its regional draw characteristics rather than reliance on hyper-local patrons.
STRONG ECONOMIC MARKET WITH TENANT BASE
* Market: Meridian is the fastest growing submarket in the Boise MSA.
* Population Growth: Projected +19.2% by 2029. 3 mile: ~61,500 projected +13.8%.
* Household Income: 2025 Avg HH Income for Meridian $142,982
Property Facts
| Price | $34,173,501 CAD | Building Class | B |
| Price Per SF | $1,034.56 CAD | Lot Size | 11.56 AC |
| Sale Type | Investment | Building Size | 33,032 SF |
| Cap Rate | 7% | No. Stories | 2 |
| Property Type | Sports & Entertainment | Year Built | 2022 |
| Property Subtype | Golf Course/Driving Range | Parking Ratio | 4.57/1,000 SF |
| Zoning | C-G - General Commercial | ||
| Price | $34,173,501 CAD |
| Price Per SF | $1,034.56 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | B |
| Lot Size | 11.56 AC |
| Building Size | 33,032 SF |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 4.57/1,000 SF |
| Zoning | C-G - General Commercial |
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Property Taxes
| Parcel Number | R7319432000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $27,513,181 CAD |
Property Taxes
Parcel Number
R7319432000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$27,513,181 CAD
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1050 S Silverstone Way
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