Listing Courtesy of:
Amherst Madison
Agency Phone: 208-391-2391
SQUARE FEET3,190
MLS#99005538
STATUSActive
PROPERTY TYPECommercial - Retail
Listing Courtesy of:
Amherst Madison
Agency Phone: 208-391-2391
Property Description
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Fenced: Yes
Heating: Forced Air, Natural Gas
Lot Size: 0.37 Acres
Roof Type: Composition
Taxes: $3,823
Year Built: 2007
Amenities
Paved Outside Area
Feature Descriptions
Accessibility: Handicap Access
Building Features: Lighting
Construction Materials: Frame, Stucco, Stone
Exterior: Frame, Stucco, Stone
Fencing: Partial, Fenced
Flooring: Concrete
Lot: 10000 SF - .49 Acre, Lawn Sprinklers
Parcel#: R1090760060
Parking: 6 - 10 Spaces, Parking Facility
Parking Notes: 6 - 10 Spaces, Parking Facility
Possible Use: Retail Suitable(Day Care Facility)
Units: 1
Utilities: Sewer Connected, Natural Gas Available
Water: City Service
Zoning: L-O
Listed By / Shown By
Listed By
Agency Name: Amherst Madison
Agency Phone: 208-391-2391
Shown By
Agent Name: Lexy Danible
Agent Phone: (208) 771-0310
Agency Title: Coldwell Banker Tomlinson
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3605 N Locust Grove Rd | MLS# 99005538
This commercial property located at 3605 N Locust Grove Rd, Meridian, ID 83646 is currently listed for sale with an asking price of $1,312,575. Search Meridian real estate on ldanible.cbboise.com today.