Commercial · Meridian, ID 83642

1001 S Sentinel Ln, Meridian, ID 83642

Meridian, ID 83642

$3,197,700

PendingMLS® 98990764

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PendingMLS® 98990764
$3,197,700
1001 S Sentinel Ln, Meridian, ID 83642
0 Bds Ba 7,566 Sq.Ft. 0.89 Ac
Description

Ten Mile Academy is a 7,566 SF purpose-built childcare facility located within the rapidly growing Ten Mile Crossing area of Meridian, Idaho. Constructed in 2020 and situated on approximately 0.89 acres, the property is 100% leased to Premier ID Sentinel LLC under a long-term triple-net (NNN) lease. The lease features a 10-year initial term, annual 2% rent escalations, and three 5-year renewal options, providing investors with stable cash flow and contractual income growth. As the largest asset within the Premier Early Childhood Education Portfolio, Ten Mile Academy benefits from modern construction, strong surrounding demographics, and proximity to one of the Treasure Valley's fastest-growing residential corridors. Located near Ten Mile Road and Interstate 84, the property is surrounded by new residential development, schools, and retail amenities. Tenant responsibilities include taxes, insurance, maintenance, and operating expenses, creating a passive investment opportunity with minimal landlord obligations

Interior
  • Flooring Concrete
  • A/C Central Air
  • Heating Forced Air, Natural Gas
  • Disability Feature Handicap Access
Exterior and Construction
  • Construction materials Frame, Stucco, Stone
  • Exterior Paved Outside Area
  • Roofing Composition, Flat
Utilities
  • Utilities Sewer Connected, Natural Gas Available, 220 Volts
  • Water City Service
Land and Lot
  • Lot size 0.89 acres (38,768 sq ft)
  • Fencing Partial, Fenced
  • Lot description 1/2 - .99 Acre, Lawn Sprinklers
Location and Zoning
  • Road/Access Paved
  • Zoning description C-G
  • County Ada
Schools
  • School District Meridian Joint School District 2
Tax and Legal
  • Annual tax $11,772
  • Parcel number R8484000145
  • Legal description PAR #0145 POR LOTS 5-7 BLK 2 TM CROSSING SUB PARCEL B ROS 12109 #0130-S #0140-S #0150-S
Parking and Garage
  • Parking spaces 24
  • Garage 51 - 100 Spaces, Parking Facility

Listing Information

Listing Agent
Matt Bauscher
Listing Office
Amherst Madison
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