Commercial · Meridian, ID 83646
1463 E Star Dr, Meridian, ID 83646
Meridian, ID 83646
$1,776,500
ActiveMLS® 98990772
Net leased childcare investment opportunity located in Meridian, Idaho. The property consists of a 4,207 SF purpose-built daycare facility situated on approximately 0.56 acres. The facility is fully occupied by Premier Early Childhood Education Partners under a long-term triple-net lease. Lease commenced August 22, 2025 and includes annual 2% rent escalations and three 5-year renewal options. Tenant responsibilities include taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance and general repairs, providing investors with stable passive income and limited landlord responsibilities. Located near Eagle Road and East Chinden Boulevard, the property is surrounded by established neighborhoods, schools, parks, and major retail amenities. The area continues to experience strong residential growth and population expansion, supporting long-term demand for childcare and early education services.
Interior
- Flooring Concrete
- A/C Central Air
- Heating Forced Air, Natural Gas
- Disability Feature Handicap Access
Exterior and Construction
- Construction materials Brick, Frame, Stucco
- Exterior Paved Outside Area
- Roofing Composition
Utilities
- Utilities Sewer Connected, Natural Gas Available, 220 Volts
- Water City Service
Land and Lot
- Lot size 0.56 acres (24,393 sq ft)
- Fencing Partial, Fenced
- Lot description 1/2 - .99 Acre, Lawn Sprinklers
Location and Zoning
- Road/Access Paved
- Zoning description L-O
- County Ada
Schools
- School District Meridian Joint School District 2
Tax and Legal
- Annual tax $4,097
- Parcel number R7355910030
- Legal description LOT 01 BLK 02 RAZZBERRY CROSSING SUB
Parking and Garage
- Parking spaces 20
- Garage 11 - 20 Spaces, Parking Facility
Listing Information
- Listing Agent
- Matt Bauscher
- Listing Office
- Amherst Madison
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