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413 S Innovation Ln 1,705 SF of 4-Star Retail Space Available in Meridian, ID 83642
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 110 | 1,705 SF | 14’ | Jul 2035 | $51.00 CAD/SF/YR $4.25 CAD/SF/MO $86,952 CAD/YR $7,246 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 110
Jump on this opportunity to lease a highly visible new construction space beside Blaze Pizza, Costa Vida & Churro Bros on Ten Mile Rd. Terrific signage potential in front of 50,000+ cars per day. This stretch of road just off of Interstate Highway 84 has become a who's who of retailers, including Scheel's, Chick-fil-A, Maverick Cafe, Zupas, Dutch Brothers, and coming soon, Habit Burger. Excellent daytime population with numerous mid-rise office buildings within walking distance. Tenant Improvement allowance: Attractive Rent Terms with Ten Year initial term plus spelled out Options (2). $37/sf plus NNN; $43/sf. Landlord to deliver HVAC 1T:200 sf stubbed to premises. Direct deal also possible.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 14’
- Direct Ten Mile Rd visibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 413 S INNOVATION LN, MERIDIAN, ID 83642
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Blaze Pizza
- Pizza
- 338
- National
- Costa Vida Fresh Mexican Grill
- Fast-food
- 102
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Blaze Pizza | Pizza | 338 | National |
| Costa Vida Fresh Mexican Grill | Fast-food | 102 | National |
PROPERTY FACTS
| Total Space Available | 1,705 SF | Gross Leasable Area | 8,400 SF |
| Property Type | Retail | Year Built | 2024 |
| Total Space Available | 1,705 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,400 SF |
| Year Built | 2024 |
NEARBY MAJOR RETAILERS
Presented by
Streetsmart
413 S Innovation Ln
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