newly constructed office space - loopnet...• newly constructed professional office space • space...

Listing Features

• Newly Constructed Professional Office Space

• Space Delivered as Vanilla Shell, Contact Agents for Build-Out Options and Tenant Improvement Allowance

• Available Space can be Demised into Multiple Suites

• Conveniently Located in the Silverstone Business Park in Meridian

• Easy Access to & from Surrounding Areas on Overland Road, Eagle Road & Interstate 84 On/Off Ramp 46

• Surrounded by Various Retailers, Restaurants, Financial Institutions and Other Professional Services

• Contact Agents to Discuss Various Uses and to

Schedule a Site Visit Today!!

Property Highlights

Lease Rate $22.00/SF FSEJ

Available 1,500 to 6,083 SF ±

T.I. Allowance Negotiable, Contact Agents

Building Type Single or Multi-Tenant Use

Lot Size 0.631 Acres

Zoning City of Meridian C-G

Space Status Under Construction

Parking On-Site Parking Provided

Parcel # R7909850150

Availability Completion December 2019

Jennifer McEnteeDirectorOffice Specialist +1 208 287 9495 [email protected]

DJ Thompson DirectorOffice Specialist +1 208 287 8438 [email protected]

Bree WellsAssociateOffice Specialist +1 208 287 9492 [email protected]

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.

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Newly Constructed Office Space1905 South Topaz Way, Meridian, Idaho 83642

FOR LEASE

NEW TOPAZ OFFICE BUILDING

398 South 9th Street, Ste 260 Boise, Idaho 83702Main +1 208 287 9500 Fax +1 208 287 9501paccra.com

Jennifer McEnteeDirectorOffice Specialist +1 208 287 9495 [email protected]

DJ Thompson DirectorOffice Specialist +1 208 287 8438 [email protected]

Bree WellsAssociateOffice Specialist +1 208 287 9492 [email protected]




FOR LEASE

398 South 9th Street, Ste 260 Boise, Idaho 83702Main +1 208 287 9500 Fax +1 208 287 9501paccra.com

DATE

PROJECT NAME

SHEET TITLE

PROJECT:

DRAWN BY:

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Tel. 541.771.6285

CONSULTANTS

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KEYNOTES:1

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4" DIA ROOF DOWNSPOUT

New Office Space with Custom Build-Out Options - 1,500 to 6,083 SF ± - $22.00/SF FSEJ

COMMONAREA ENTRY




FOR LEASE

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

SITE


FOR LEASE



Executive Summary1905 S Topaz Way, Meridian, Idaho, 83642 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 43.58767

Longitude: -116.34561

1 mile 3 miles 5 milesPopulation

2000 Population 2,105 37,839 132,2512010 Population 5,071 56,949 178,0802018 Population 6,828 71,350 209,3772023 Population 7,754 79,526 229,6102000-2010 Annual Rate 9.19% 4.17% 3.02%2010-2018 Annual Rate 3.67% 2.77% 1.98%2018-2023 Annual Rate 2.58% 2.19% 1.86%2018 Male Population 49.5% 49.2% 49.3%2018 Female Population 50.5% 50.8% 50.7%2018 Median Age 36.5 36.3 35.3

In the identified area, the current year population is 209,377. In 2010, the Census count in the area was 178,080. The rate of change since 2010 was 1.98% annually. The five-year projection for the population in the area is 229,610 representing a change of 1.86% annually from 2018 to 2023. Currently, the population is 49.3% male and 50.7% female.

Median Age

The median age in this area is 36.5, compared to U.S. median age of 38.3.Race and Ethnicity

2018 White Alone 91.2% 89.0% 87.8%2018 Black Alone 0.7% 1.0% 1.3%2018 American Indian/Alaska Native Alone 0.6% 0.6% 0.7%2018 Asian Alone 3.0% 3.4% 3.2%2018 Pacific Islander Alone 0.1% 0.2% 0.3%2018 Other Race 1.4% 2.6% 3.1%2018 Two or More Races 3.0% 3.3% 3.7%2018 Hispanic Origin (Any Race) 5.6% 7.9% 9.2%

Persons of Hispanic origin represent 9.2% of the population in the identified area compared to 18.3% 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 35.7 in the identified area, compared to 64.3 for the U.S. as a whole.

Households2000 Households 681 12,896 46,7262010 Households 1,686 19,961 64,2632018 Total Households 2,253 24,988 75,2262023 Total Households 2,564 27,868 82,4262000-2010 Annual Rate 9.49% 4.47% 3.24%2010-2018 Annual Rate 3.58% 2.76% 1.93%2018-2023 Annual Rate 2.62% 2.21% 1.84%2018 Average Household Size 3.02 2.84 2.76

The household count in this area has changed from 64,263 in 2010 to 75,226 in the current year, a change of 1.93% annually. The five-year projection of households is 82,426, a change of 1.84% annually from the current year total. Average household size is currently 2.76, compared to 2.74 in the year 2010. The number of families in the current year is 53,207 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.

August 06, 2018

©2018 Esri Page 1 of 2






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Business Summary1905 S Topaz Way, Meridian, Idaho, 83642 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 43.58767

Longitude: -116.34561Data for all businesses in area 1 mile 3 miles 5 milesTotal Businesses: 349 3,139 6,926Total Employees: 4,747 42,088 99,713Total Residential Population: 6,828 71,350 209,377Employee/Residential Population Ratio (per 100 Residents) 70 59 48

Businesses Employees Businesses Employees Businesses Employeesby SIC Codes Number Percent Number Percent Number Percent Number Percent Number Percent Number PercentAgriculture & Mining 8 2.3% 66 1.4% 74 2.4% 636 1.5% 160 2.3% 1,155 1.2%Construction 20 5.7% 174 3.7% 249 7.9% 2,717 6.5% 502 7.2% 4,970 5.0%Manufacturing 10 2.9% 264 5.6% 109 3.5% 2,205 5.2% 222 3.2% 4,803 4.8%Transportation 6 1.7% 82 1.7% 67 2.1% 1,588 3.8% 161 2.3% 2,909 2.9%Communication 1 0.3% 10 0.2% 28 0.9% 292 0.7% 73 1.1% 829 0.8%Utility 0 0.0% 3 0.1% 6 0.2% 164 0.4% 18 0.3% 340 0.3%Wholesale Trade 9 2.6% 180 3.8% 157 5.0% 2,765 6.6% 298 4.3% 4,260 4.3%

Retail Trade Summary 48 13.8% 730 15.4% 628 20.0% 11,078 26.3% 1,447 20.9% 26,521 26.6%Home Improvement 3 0.9% 30 0.6% 53 1.7% 958 2.3% 101 1.5% 1,872 1.9%General Merchandise Stores 1 0.3% 59 1.2% 17 0.5% 1,485 3.5% 41 0.6% 3,554 3.6%Food Stores 2 0.6% 29 0.6% 53 1.7% 743 1.8% 135 1.9% 2,010 2.0%Auto Dealers, Gas Stations, Auto Aftermarket 4 1.1% 83 1.7% 69 2.2% 1,090 2.6% 154 2.2% 2,840 2.8%Apparel & Accessory Stores 2 0.6% 17 0.4% 30 1.0% 320 0.8% 129 1.9% 1,614 1.6%Furniture & Home Furnishings 4 1.1% 43 0.9% 69 2.2% 855 2.0% 143 2.1% 2,510 2.5%Eating & Drinking Places 23 6.6% 354 7.5% 188 6.0% 3,765 8.9% 398 5.7% 8,109 8.1%Miscellaneous Retail 9 2.6% 117 2.5% 149 4.7% 1,863 4.4% 347 5.0% 4,013 4.0%

Finance, Insurance, Real Estate Summary 66 18.9% 714 15.0% 376 12.0% 4,549 10.8% 765 11.0% 7,480 7.5%Banks, Savings & Lending Institutions 19 5.4% 204 4.3% 94 3.0% 1,076 2.6% 174 2.5% 1,680 1.7%Securities Brokers 10 2.9% 36 0.8% 47 1.5% 196 0.5% 91 1.3% 389 0.4%Insurance Carriers & Agents 20 5.7% 310 6.5% 112 3.6% 1,595 3.8% 219 3.2% 2,207 2.2%Real Estate, Holding, Other Investment Offices 17 4.9% 164 3.5% 122 3.9% 1,682 4.0% 282 4.1% 3,204 3.2%

Services Summary 163 46.7% 2,414 50.9% 1,244 39.6% 14,074 33.4% 2,820 40.7% 40,237 40.4%Hotels & Lodging 3 0.9% 63 1.3% 19 0.6% 306 0.7% 35 0.5% 573 0.6%Automotive Services 5 1.4% 23 0.5% 69 2.2% 413 1.0% 160 2.3% 1,137 1.1%Motion Pictures & Amusements 7 2.0% 51 1.1% 86 2.7% 682 1.6% 196 2.8% 1,410 1.4%Health Services 60 17.2% 977 20.6% 302 9.6% 4,437 10.5% 674 9.7% 12,433 12.5%Legal Services 5 1.4% 19 0.4% 33 1.1% 139 0.3% 60 0.9% 234 0.2%Education Institutions & Libraries 11 3.2% 270 5.7% 59 1.9% 1,707 4.1% 150 2.2% 5,135 5.1%Other Services 71 20.3% 1,011 21.3% 676 21.5% 6,390 15.2% 1,546 22.3% 19,315 19.4%

Government 3 0.9% 90 1.9% 63 2.0% 1,892 4.5% 141 2.0% 5,973 6.0%

Unclassified Establishments 16 4.6% 21 0.4% 139 4.4% 130 0.3% 318 4.6% 236 0.2%

Totals 349 100.0% 4,747 100.0% 3,139 100.0% 42,088 100.0% 6,926 100.0% 99,713 100.0%

Source: Copyright 2018 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2018.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.

August 06, 2018








Government 3 0.9% 90 1.9% 63 2.0% 1,892 4.5% 141 2.0% 5,973 6.0%


Totals 349 100.0% 4,747 100.0% 3,139 100.0% 42,088 100.0% 6,926 100.0% 99,713 100.0%


August 06, 2018








Government 3 0.9% 90 1.9% 63 2.0% 1,892 4.5% 141 2.0% 5,973 6.0%


Totals 349 100.0% 4,747 100.0% 3,139 100.0% 42,088 100.0% 6,926 100.0% 99,713 100.0%


August 06, 2018








Government 3 0.9% 90 1.9% 63 2.0% 1,892 4.5% 141 2.0% 5,973 6.0%


Totals 349 100.0% 4,747 100.0% 3,139 100.0% 42,088 100.0% 6,926 100.0% 99,713 100.0%


August 06, 2018


- LOCATED IN A GROWING AREA IN MERIDIAN -In the identified area, the current year population is 209,377. In 2010, the Census count in the area was 178,080. The rate of change since 2010 was 1.98% annually. The five-year projection for the population in the area is 229,610 representing a change of 1.86% annually from 2018 to 2023.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.

Site Map1905 S Topaz Way, Meridian, Idaho, 83642 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 43.58767


August 06, 2018


- BOISE IS THE FASTEST-GROWING AREA IN THE U.S. -By all metrics, Boise is booming, according to a new Forbes list of the fastest-growing cities in the country. Idaho’s capital swept the competition, exceeding 2017 expansion projections “by nearly ever metric that matters,” the business magazine wrote. And according to Moody’s Analytics, the firm that provides data for Forbes’ annual list, Boise’s growth spurt is likely to continue. Boise ranked 11th on last year’s list. “(Boise has) the pieces in place. It’s got the location, it’s got low cost, a healthy tech presence,” Moody’s senior economist Adam Kamins told Forbes.

Boise’s population grew 3.08 percent in 2017 — the highest percentage growth for any major metro area, Forbes said.

Read more here: https://www.forbes.com/sites/samanthasharf/2018/02/28/americas-fastest-growing-cities-2018/#2c5f8ed745dc



1 mile 3 miles 5 milesMedian Household Income

2018 Median Household Income $85,660 $71,447 $61,7982023 Median Household Income $100,338 $81,569 $72,2272018-2023 Annual Rate 3.21% 2.69% 3.17%

Average Household Income

2018 Average Household Income $106,910 $89,785 $79,6142023 Average Household Income $123,909 $104,349 $92,6082018-2023 Annual Rate 3.00% 3.05% 3.07%

Per Capita Income2018 Per Capita Income $35,798 $31,799 $28,8902023 Per Capita Income $41,576 $36,946 $33,5132018-2023 Annual Rate 3.04% 3.05% 3.01%

Households by IncomeCurrent median household income is $61,798 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $72,227 in five years, compared to $65,727 for all U.S. households

Current average household income is $79,614 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $92,608 in five years, compared to $96,109 for all U.S. households

Current per capita income is $28,890 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $33,513 in five years, compared to $36,530 for all U.S. households Housing

2000 Total Housing Units 726 13,355 48,3952000 Owner Occupied Housing Units 632 10,993 36,4182000 Renter Occupied Housing Units 49 1,903 10,3082000 Vacant Housing Units 45 459 1,669

2010 Total Housing Units 1,750 21,062 68,5032010 Owner Occupied Housing Units 1,422 15,469 46,5782010 Renter Occupied Housing Units 264 4,492 17,6852010 Vacant Housing Units 64 1,101 4,240



Currently, 68.8% of the 79,564 housing units in the area are owner occupied; 25.7%, renter occupied; and 5.5% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 68,503 housing units in the area - 68.0% owner occupied, 25.8% renter occupied, and 6.2% vacant. The annual rate of change in housing units since 2010 is 6.88%. Median home value in the area is $213,300, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 1.79% annually to $233,050.


August 06, 2018




1 mile 3 miles 5 milesMedian Household Income

2018 Median Household Income $85,660 $71,447 $61,7982023 Median Household Income $100,338 $81,569 $72,2272018-2023 Annual Rate 3.21% 2.69% 3.17%

Average Household Income

2018 Average Household Income $106,910 $89,785 $79,6142023 Average Household Income $123,909 $104,349 $92,6082018-2023 Annual Rate 3.00% 3.05% 3.07%

Per Capita Income2018 Per Capita Income $35,798 $31,799 $28,8902023 Per Capita Income $41,576 $36,946 $33,5132018-2023 Annual Rate 3.04% 3.05% 3.01%

Households by IncomeCurrent median household income is $61,798 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $72,227 in five years, compared to $65,727 for all U.S. households

Current average household income is $79,614 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $92,608 in five years, compared to $96,109 for all U.S. households

Current per capita income is $28,890 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $33,513 in five years, compared to $36,530 for all U.S. households Housing

2000 Total Housing Units 726 13,355 48,3952000 Owner Occupied Housing Units 632 10,993 36,4182000 Renter Occupied Housing Units 49 1,903 10,3082000 Vacant Housing Units 45 459 1,669




Currently, 68.8% of the 79,564 housing units in the area are owner occupied; 25.7%, renter occupied; and 5.5% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 68,503 housing units in the area - 68.0% owner occupied, 25.8% renter occupied, and 6.2% vacant. The annual rate of change in housing units since 2010 is 6.88%. Median home value in the area is $213,300, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 1.79% annually to $233,050.


August 06, 2018


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