free standing retail building

FREE STANDING RETAIL BUILDING675 S. PROGRESS AVENUE, MERIDIAN, IDAHO 83642

WE ARE THE CENTER

OF RETAILFOR SALE & LEASE / JUST OFF INTERSTATE 84 - RETAIL / RESTAURANT SPACE

PACCRA.COM


LISTING FEATURES

ZONING / PARCEL # City of Meridian-C-G / R1343510075

POTENTIAL USESRetail / Restaurant / Sales Office

SHADOW ANCHORSWinCo Foods, Home Depot & Wells Fargo

FRONTAGE Main Street - 20,000 Cars Per Day

AVAILABLE3,290 SF

SALE PRICE$900,000 ($273.56/SF)

LEASE RATE Negotiable, Contact Agents

LOT SIZE / PARKING 1.04 Acres / On-Site Parking

• Retail - Restaurant Opportunity on Main Street in Meridian

• Former Pizza Hut Restaurant with Large Parking Area

• Property is Located on the Main Retail Corridor into Downtown Meridian

• High Visibility Location North of Interstate 84 Exit 44

• Surrounding Tenants Include Treasure Valley Hearing & Balance, Panda Express, Starbucks, Sierra Trading Post, Lee Read Jewelers, Goodwood, Motel 6, McDonald’s, Taco Time, KFC, Meridian Bowling Lanes, Republic Storage, Meridian Speedway, Wendy’s & more...

• Immediate Availability Contact Agents to Schedule a Walk Through Today!!

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the informa-tion contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As ap-plicable, we make no representation as to the condition of the property (or properties) in question.

Andrea Nilson / [email protected] / +1 208 287 8439 LeAnn Hume, CCIM, CLS, CRRP / [email protected] / +1 208 287 8436Sara Shropshire, CRRP / [email protected] / +1 208 287 9494Julie Kissler / [email protected] / +1 208 287 9485

FREE STANDING RETAIL675 S. PROGRESS AVE., MERIDIAN, ID 83642

WE ARE THE CENTER

OF RETAIL

INTERSTATE 84 & MERIDIAN ROAD MERIDIAN, IDAHO CUSHMAN & WAKEFIELD | COMMERCE

398 SOUTH 9TH STREET, SUITE 260BOISE, IDAHO 83702

Companyshared\Maps and Aerials\Meridian & I84 Retail 3-26-2015

8484 8484EXIT

44EXIT

44

11,500 ADT11,500 ADT 17,000 ADT17,000 ADT

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17,000 ADT17,000 ADT

94,500 ADT94,500 ADT

8,500 ADT8,500 ADT

Mr. Sandman Inn Kendall Ford

of Meridian

OVERLAND ROAD

Average Daily Traffic (ADT) courtesy of Idaho Department of Transportation.

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CAPITAL EDUCATORS FCU

REPUBLIC STORAGE MERIDIAN

WESTERN ELECTRONICS

DEMOGRAPHICS 1 MILE 3 MILE 5 MILEPOPULATION

2014 Estimated Population 7,085 54,786 146,048

2019 Projected Population 7,413 58,481 158,897

HOUSEHOLDS

2014 Estimated Households 2,563 19,494 49,958

2019 Projected Households 2,698 20,909 54,519

2014 Est. Average HH Income $76,617 $74,460 $77,434

2019 Est. Average HH Income $86,778 $84,188 $88,962

BUSINESSES / EMPLOYEES

Total Businesses 897 4,504 10,110

Total Employees 5,737 23,524 49,296 SOURCE: U.S. BUREAU OF THE CENSUS, 2010 CENSUS OF POPULATION AND HOUSING.ESRI FORECASTS FOR 2014 AND 2019. ESRI CONVERTED CENSUS 2000 DATA INTO 2010 GEOGRAPHY

Average Daily Traffic (ADT) courtesy of Idaho Department of Transportation.

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

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E Victory Rd E Victory Rd

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E Fairview Ave

E Overland Rd

SClove

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E Ustick Rd

E Franklin Rd

W State St

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Banbury GolfClub

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Boise Junction

Cloverdale

Perkins

Garden City

SMap

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E Victory Rd W Victory Rd

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SColeRd

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Site Map675 S Progress Ave, Meridian, Idaho, 83642 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 43.59886

Longitude: -116.39169

November 03, 2020

©2020 Esri Page 1 of 1

Executive Summary675 S Progress Ave, Meridian, Idaho, 83642 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 43.59886


1 mile 3 miles 5 milesPopulation

2000 Population 4,223 38,005 88,8222010 Population 5,589 58,643 141,8222020 Population 6,848 80,994 191,3022025 Population 7,872 93,149 214,9672000-2010 Annual Rate 2.84% 4.43% 4.79%2010-2020 Annual Rate 2.00% 3.20% 2.96%2020-2025 Annual Rate 2.83% 2.84% 2.36%2020 Male Population 48.1% 49.1% 49.1%2020 Female Population 51.9% 50.9% 50.9%2020 Median Age 33.5 34.7 35.0

In the identified area, the current year population is 191,302. In 2010, the Census count in the area was 141,822. The rate of change since 2010 was 2.96% annually. The five-year projection for the population in the area is 214,967 representing a change of 2.36% annually from 2020 to 2025. Currently, the population is 49.1% male and 50.9% female.

Median Age

The median age in this area is 33.5, compared to U.S. median age of 38.5.Race and Ethnicity

2020 White Alone 87.4% 89.8% 89.1%2020 Black Alone 1.5% 1.0% 1.1%2020 American Indian/Alaska Native Alone 0.7% 0.6% 0.5%2020 Asian Alone 1.6% 2.2% 3.0%2020 Pacific Islander Alone 0.3% 0.2% 0.2%2020 Other Race 3.9% 2.6% 2.4%2020 Two or More Races 4.5% 3.7% 3.6%2020 Hispanic Origin (Any Race) 10.6% 8.5% 8.1%

Persons of Hispanic origin represent 8.1% of the population in the identified area compared to 18.8% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 32.4 in the identified area, compared to 65.1 for the U.S. as a whole.

Households2020 Wealth Index 78 94 1062000 Households 1,516 12,874 30,0472010 Households 2,156 20,521 48,7102020 Total Households 2,622 28,255 65,4142025 Total Households 3,006 32,462 73,5202000-2010 Annual Rate 3.58% 4.77% 4.95%2010-2020 Annual Rate 1.93% 3.17% 2.92%2020-2025 Annual Rate 2.77% 2.81% 2.36%2020 Average Household Size 2.58 2.85 2.92

The household count in this area has changed from 48,710 in 2010 to 65,414 in the current year, a change of 2.92% annually. The five-year projection of households is 73,520, a change of 2.36% annually from the current year total. Average household size is currently 2.92, compared to 2.90 in the year 2010. The number of families in the current year is 49,564 in the specified area.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025. Esri converted Census 2000 data into 2010 geography.

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1 mile 3 miles 5 milesMortgage Income

2020 Percent of Income for Mortgage 18.6% 16.4% 15.7%Median Household Income

2020 Median Household Income $55,288 $69,528 $75,6522025 Median Household Income $58,952 $75,929 $81,0512020-2025 Annual Rate 1.29% 1.78% 1.39%

Average Household Income

2020 Average Household Income $76,980 $90,405 $96,8752025 Average Household Income $86,414 $100,887 $108,1942020-2025 Annual Rate 2.34% 2.22% 2.23%

Per Capita Income2020 Per Capita Income $27,944 $31,494 $33,3382025 Per Capita Income $31,389 $35,114 $37,2342020-2025 Annual Rate 2.35% 2.20% 2.24%

Households by IncomeCurrent median household income is $75,652 in the area, compared to $62,203 for all U.S. households. Median household income is projected to be $81,051 in five years, compared to $67,325 for all U.S. households

Current average household income is $96,875 in this area, compared to $90,054 for all U.S. households. Average household income is projected to be $108,194 in five years, compared to $99,510 for all U.S. households

Current per capita income is $33,338 in the area, compared to the U.S. per capita income of $34,136. The per capita income is projected to be $37,234 in five years, compared to $37,691 for all U.S. households Housing

2020 Housing Affordability Index 130 147 1532000 Total Housing Units 1,576 13,328 31,120

2000 Owner Occupied Housing Units 1,138 10,724 25,3972000 Renter Occupied Housing Units 378 2,150 4,6502000 Vacant Housing Units 60 454 1,073

2010 Total Housing Units 2,325 21,582 51,3362010 Owner Occupied Housing Units 1,410 15,403 37,8122010 Renter Occupied Housing Units 746 5,118 10,8982010 Vacant Housing Units 169 1,061 2,626

2020 Total Housing Units 2,782 29,168 67,6552020 Owner Occupied Housing Units 1,718 21,584 51,7742020 Renter Occupied Housing Units 905 6,671 13,6412020 Vacant Housing Units 160 913 2,241

2025 Total Housing Units 3,179 33,360 75,5872025 Owner Occupied Housing Units 1,907 24,055 57,2662025 Renter Occupied Housing Units 1,099 8,408 16,2542025 Vacant Housing Units 173 898 2,067

Currently, 76.5% of the 67,655 housing units in the area are owner occupied; 20.2%, renter occupied; and 3.3% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, there were 51,336 housing units in the area - 73.7% owner occupied, 21.2% renter occupied, and 5.1% vacant. The annual rate of change in housing units since 2010 is 13.05%. Median home value in the area is $283,439, compared to a median home value of $235,127 for the U.S. In five years, median value is projected to change by 1.02% annually to $298,185.


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Business Summary675 S Progress Ave, Meridian, Idaho, 83642 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 43.59886

Longitude: -116.39169Data for all businesses in area 1 mile 3 miles 5 milesTotal Businesses: 883 3,341 5,871Total Employees: 11,638 37,791 60,997Total Residential Population: 6,848 80,994 191,302Employee/Residential Population Ratio (per 100 Residents) 170 47 32

Businesses Employees Businesses Employees Businesses Employeesby SIC Codes Number Percent Number Percent Number Percent Number Percent Number Percent Number PercentAgriculture & Mining 21 2.4% 234 2.0% 79 2.4% 599 1.6% 156 2.7% 1,040 1.7%Construction 91 10.3% 1,060 9.1% 291 8.7% 2,476 6.6% 512 8.7% 3,799 6.2%Manufacturing 33 3.7% 515 4.4% 90 2.7% 1,229 3.3% 160 2.7% 2,153 3.5%Transportation 16 1.8% 544 4.7% 66 2.0% 1,529 4.0% 115 2.0% 2,273 3.7%Communication 6 0.7% 39 0.3% 20 0.6% 110 0.3% 44 0.7% 361 0.6%Utility 1 0.1% 21 0.2% 5 0.1% 114 0.3% 7 0.1% 229 0.4%Wholesale Trade 44 5.0% 688 5.9% 122 3.7% 2,012 5.3% 215 3.7% 3,319 5.4%

Retail Trade Summary 164 18.6% 2,639 22.7% 596 17.8% 9,103 24.1% 1,092 18.6% 15,793 25.9%Home Improvement 11 1.2% 189 1.6% 31 0.9% 473 1.3% 62 1.1% 1,002 1.6%General Merchandise Stores 6 0.7% 318 2.7% 22 0.7% 964 2.6% 43 0.7% 1,952 3.2%Food Stores 13 1.5% 103 0.9% 56 1.7% 591 1.6% 101 1.7% 1,156 1.9%Auto Dealers, Gas Stations, Auto Aftermarket 22 2.5% 221 1.9% 58 1.7% 848 2.2% 99 1.7% 1,512 2.5%Apparel & Accessory Stores 6 0.7% 44 0.4% 34 1.0% 323 0.9% 73 1.2% 661 1.1%Furniture & Home Furnishings 17 1.9% 408 3.5% 52 1.6% 951 2.5% 96 1.6% 1,279 2.1%Eating & Drinking Places 47 5.3% 982 8.4% 185 5.5% 3,565 9.4% 315 5.4% 5,613 9.2%Miscellaneous Retail 43 4.9% 373 3.2% 159 4.8% 1,388 3.7% 302 5.1% 2,617 4.3%

Finance, Insurance, Real Estate Summary 91 10.3% 982 8.4% 430 12.9% 3,577 9.5% 685 11.7% 4,798 7.9%Banks, Savings & Lending Institutions 15 1.7% 271 2.3% 72 2.2% 949 2.5% 111 1.9% 1,227 2.0%Securities Brokers 14 1.6% 40 0.3% 69 2.1% 208 0.6% 110 1.9% 348 0.6%Insurance Carriers & Agents 20 2.3% 471 4.0% 101 3.0% 1,573 4.2% 157 2.7% 1,857 3.0%Real Estate, Holding, Other Investment Offices 43 4.9% 199 1.7% 188 5.6% 847 2.2% 307 5.2% 1,367 2.2%

Services Summary 333 37.7% 4,323 37.1% 1,318 39.4% 15,729 41.6% 2,305 39.3% 25,254 41.4%Hotels & Lodging 6 0.7% 68 0.6% 16 0.5% 207 0.5% 19 0.3% 262 0.4%Automotive Services 20 2.3% 113 1.0% 66 2.0% 358 0.9% 125 2.1% 706 1.2%Motion Pictures & Amusements 24 2.7% 229 2.0% 82 2.5% 644 1.7% 148 2.5% 1,194 2.0%Health Services 71 8.0% 1,090 9.4% 313 9.4% 4,641 12.3% 488 8.3% 6,539 10.7%Legal Services 11 1.2% 42 0.4% 37 1.1% 149 0.4% 53 0.9% 207 0.3%Education Institutions & Libraries 11 1.2% 385 3.3% 56 1.7% 1,946 5.1% 105 1.8% 3,370 5.5%Other Services 191 21.6% 2,396 20.6% 748 22.4% 7,784 20.6% 1,369 23.3% 12,977 21.3%

Government 21 2.4% 555 4.8% 45 1.3% 1,189 3.1% 59 1.0% 1,676 2.7%

Unclassified Establishments 62 7.0% 37 0.3% 278 8.3% 123 0.3% 522 8.9% 302 0.5%

Totals 883 100.0% 11,638 100.0% 3,341 100.0% 37,791 100.0% 5,871 100.0% 60,997 100.0%

Source: Copyright 2020 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2020.Date Note: Data on the Business Summary report is calculated using Esri’s Data allocation method which uses census block groups to allocate business summary data to custom areas.

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Government 21 2.4% 555 4.8% 45 1.3% 1,189 3.1% 59 1.0% 1,676 2.7%


Totals 883 100.0% 11,638 100.0% 3,341 100.0% 37,791 100.0% 5,871 100.0% 60,997 100.0%


November 03, 2020








Government 21 2.4% 555 4.8% 45 1.3% 1,189 3.1% 59 1.0% 1,676 2.7%


Totals 883 100.0% 11,638 100.0% 3,341 100.0% 37,791 100.0% 5,871 100.0% 60,997 100.0%


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Government 21 2.4% 555 4.8% 45 1.3% 1,189 3.1% 59 1.0% 1,676 2.7%


Totals 883 100.0% 11,638 100.0% 3,341 100.0% 37,791 100.0% 5,871 100.0% 60,997 100.0%


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Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025. Esri converted Census 2000 data into 2010 geography.

- LOCATED IN A GROWING AREA IN MERIDIAN -In the identified area, the current year population is 191,302. In 2010, the Census count in the area was 141,822. The rate of change since 2010 was 2.96% annually. The five-year projection for the population in the area is 214,967 representing a change of 2.36% annually from 2020 to 2025.

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the informa-tion contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As ap-plicable, we make no representation as to the condition of the property (or properties) in question.

free standing retail building

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