Commercial · Meridian, ID 83646
Meridian, ID 83646
$8,548,100
ActiveMLS® 98990776
Rare opportunity to acquire a portfolio of four purpose-built childcare facilities leased to Premier Early Childhood Education Partners under long-term triple-net leases. The portfolio consists of approximately 20,243 square feet situated on approximately 2.16 acres throughout Meridian and Boise, Idaho. The assets are 100% occupied and leased under long-term NNN agreements that provide investors with passive ownership and limited landlord responsibilities. Each property is leased to a Premier Early Childhood Education Partners affiliate pursuant to a newly executed 10-year lease term commencing in 2025. The leases feature three five-year renewal options and annual rent escalations of 2.0%, providing built-in income growth. Located throughout the rapidly growing Boise MSA, the portfolio benefits from strong demographics, increasing demand for childcare services, purpose-built facilities, and mission-critical tenancy.
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