4855 North Cortona Way — Lease in Meridian, ID

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Meridian, ID
  • Size: 16,228 SF
  • Year built: 2026

Description

Available Space7,394SFRental Price$45.00 (Annual)Rate TypeNNNMin/Max Contiguous7,394 SF/7,394 SFSubleaseNo

Market Context

This retail in Meridian, ID is listed for lease across 16,228 SF. The building dates to 2026. It has been on the market for 209 days. Compare it against other retail listings for lease in Meridian, ID — view the full market.

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: multiple brokerage reports, Q1 2026.

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 multiple brokerage reports.
Is the Boise retail market tightening or softening?
Vacancy is around 4.0%, with asking rents softening year over year (Q1 2026).

Contact

Explore this market

Similar Retail Business for Lease in Meridian, ID