Property Description

6.84% cap rate with immediate cash flow from a newly established, 100% leased tenant New construction (2025) offering modern design and low maintenance Attractive income profile with $20,250 annual base rent and lease term stability 1,350 SF versatile unit ideal for business storage, RVs, boats, and collector cars Premium build features including 18 clear height, 14 x 16 roll-up doors, and climate control Secure, amenitized facility with gated access, security cameras, and clubhouse (Wi-Fi, kitchen, restrooms, shower) Strategic location in growing Meridian/Star corridor with strong regional demand drivers Proximity to future Highway 16 extension enhancing accessibility and long-term upside

Property Features