Rare opportunity to acquire a fully leased net-leased childcare investment in the heart of Meridian, Idaho. The property consists of a 3,190 SF purpose-built daycare facility situated on 0.37 acres and occupied by Premier Early Childhood Education Partners under a long-term triple-net lease. The lease commenced August 22, 2025 and… Read More extends through August 2035 with three 5-year renewal options and annual 2% rent increases. Tenant is responsible for taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance, and general repairs, providing stable passive income and minimal landlord responsibilities. Located along the highly trafficked Locust Grove Road corridor, the property is surrounded by established neighborhoods, schools, parks, and major retail amenities, including The Village at Meridian. The property benefits from strong surrounding demographics, established residential neighborhoods, and continued population growth supporting long-term childcare demand. Read Less
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
3,190
Lot Size
0.37 Acres
Year Built
2007
MLS Number
99005538
Additional Details
Property Access
Road Surface: Paved
Building
Built in 2007, Living area: 3190, Living area units: Square Feet, Construction Materials: Frame, Stucco, Stone
Cooling
Central Air
Accessibility Features
Handicap Access
Exterior Features
Paved Outside Area
Fence
Partial, Fenced
Floors
Concrete
Heating
Forced Air, Natural Gas
Income
Gross Income: $85,223, Net Operating Income: $85,223
Lot
0.37 acres, 10000 SF - .49 Acre, Lawn Sprinklers
Parking
9 total parking spaces, 6 - 10 Spaces, Parking Facility
Property
Farm Land area units: Square Feet, Leasable area: 3190, Leasable area units: Square Feet
The above information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.
Listings last updated on , .
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The above information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.
Listings last updated on , .
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