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House Front

$1,419,000

Active

MLS #98990765


Meridian, ID 83646

Total Bedrooms: 0
Total Bathrooms: 0
Total SqFt: 3190

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 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.

  • General Property Description
  • Total Bedrooms 0
    Total Bathrooms 0
    Total SqFt. 3190
    Age
    Year Built 2007
    Land Size 10000 SF - .49 Acre, Lawn Sprinklers
    # of Acres 0.37
    Garage Type
    Garage Stall
  • Details
  • Class Business/Commercial
    Type
    Subdivision
    Levels
    Roof Composition
    Water City Service
    Heating Forced Air, Natural Gas
    Construction Frame, Stucco, Stone
    Lot Size x
    Land Use
    Kitchen Features
    Legal Description LOT 06 BLK 01 BROCKTON SUB
  • Schools
  • School District
    Grade School
    Middle School
    High School
Listing info for this property courtesy of  Amherst Madison  Information deemed reliable but not guaranteed. Buyer to verify all information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Steve Cordell