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Listed with Amherst Madison

PRICE $1,348,050
SIZE 3,190 sqft
LOT SIZE 16,118 sqft
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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.

DAYS ON MARKET 70 LAST UPDATED 7/24/2026
YEAR BUILT 2007 COUNTY Ada
STATUS Active PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Jul 24, '26 $1,419,000
Jul 24, '26 - Today $1,348,050


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Frame, Stone, Stucco
HEAT Forced Air, Natural Gas
INTERIOR Lighting
LOT 0.37 acre(s)
STORIES 1
TAXES 3823
UTILITIES Sewer Connected, Natural Gas Available
WATER Public
ZONING L-O

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