Hickory Warehouse

Highlights:

• Strong, newer construction, multitenant industrial investment opportunity.
• 100% occupied with five stable tenancies and 3% annual escalations.
• Rare and desirable North Meridian industrial of premier quality and well-maintained building.
• Conveniently located off primary Treasure Valley corridor near major area retailers, services, and employers.
• 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.
• Excellent accessibility, with signalized intersection at Eagle Road & Pine Avenue as well as Fairview Avenue and Hickory Avenue, just 4 minutes from I-84 access.

Description:

This newer construction multitenant industrial investment in North Meridian presents a strong opportunity with 100 percent occupancy across five stable tenants and consistent 3 percent annual rent escalations. The premier-quality building is exceptionally well maintained and features five 12’ x 14’ grade-level doors—three on the north elevation and two on the east elevation—as well as fifteen dock doors with a 4’-0” dock elevation and manual lift levelers, providing excellent functionality and flexibility for diverse tenants. The property’s location offers outstanding accessibility through signalized intersections at Eagle Road and Pine Avenue, and Fairview Avenue and Hickory Avenue, just four minutes from I-84. Situated off a major Treasure Valley corridor near prominent retailers, services, and employers, this is a rare and desirable North Meridian industrial asset offering long-term stability and investment strength.

North Meridian | State Avenue & Hickory Avenue

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