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1135 N Hickory Ave
Meridian, ID 83642
Hickory Warehouse · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Strong, newer construction, multitenant industrial investment opportunity.
- Rare and desirable North Meridian industrial of premier quality and well-maintained building.
- Building is equipped with 5, 12’ x 14’ grade level doors - 3 on north elevation & 2 on east elevation - & 15 dock doors with dock elevation of 4’-0.
- 100% occupied with five stable tenancies and 3% annual escalations.
- Conveniently located off primary Treasure Valley corridor near major area retailers, services, and employers.
- Excellent accessibility, with signalized intersection at Eagle Road & Pine Avenue as well as Fairview Ave and Hickory Ave, just 4 minutes from I-84.
EXECUTIVE SUMMARY
Strong, newer construction, multi-tenant industrial investment opportunity. 100% occupied with five stable tenancies and 3% annual escalations. Building is equipped with 5, 12’ x 14’ grade level doors — 3 on north elevation and 2 on east elevation —and 15 dock doors with dock elevation of 4’-0” below finish floor and manual lift levelers.
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.32% | Year Built | 2022 |
| Property Type | Industrial | Parking Ratio | 1.1/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 26’7” |
| Building Class | A | No. Dock-High Doors/Loading | 16 |
| Lot Size | 9.88 AC | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 207,060 SF | Opportunity Zone |
Yes
|
| Zoning | I-L - Light Industrial | ||
| Sale Type | Investment NNN |
| Cap Rate | 6.32% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 9.88 AC |
| Rentable Building Area | 207,060 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 1.1/1,000 SF |
| Clear Ceiling Height | 26’7” |
| No. Dock-High Doors/Loading | 16 |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | I-L - Light Industrial |
PROPERTY TAXES
| Parcel Number | R3073790250 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $47,909,738 CAD |
PROPERTY TAXES
Parcel Number
R3073790250
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$47,909,738 CAD
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