Retail Business for Lease in Meridian, ID

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Meridian, ID
  • Size: 4,197 SF
  • Year built: 2021

Description

Market Context

This retail in Meridian, ID is listed for lease across 4,197 SF. The building dates to 2021. It has been on the market for 65 days. Compare it against other retail listings for lease in Meridian, ID — <a href="/search/lease/retail/idaho/meridian">view the full market</a>.

As of Q1 2026, the Boise retail market showed a 4.0% vacancy rate, average asking rents near $20.09/SF/yr, rents down 5.7% year over year, and cap rates around 5.8%. Source: Consensus Q1 2026 market report.

Softening rents give tenants room to negotiate on terms.

Retail market FAQ

What is the typical cap rate for retail in Boise?
About 5.8% as of Q1 2026, per Consensus.
Is the Boise retail market tightening or softening?
Vacancy is around 4.0%, with asking rents softening year over year (Q1 2026).

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