1463 E Star Dr , Meridian, ID 83646
$1,776,500
Est. Payment: $3,947.78/mo
0 Bed
0 Bath
4207 Sqft
Status: Active | Days on site: 55
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House Description

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.

Highlights

Listed by Matt Bauscher , 208-330-8515 Amherst Madison , 208-391-2391.

Property Type

Commercial Sale

Lot/Acreage
0.56

Year Built

2009

County

Ada

Listing ID

98990772

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Concrete
Water:City Service

Exterior Features

Lot:1/2 - .99 Acre,Lawn Sprinklers,Partial,Fenced,Sewer Connected,Natural Gas Available,1 Acre or Less
Garage Capacity:20
Zoning:L-O
Roof:Composition
Parking Features:11 - 20 Spaces,Parking Facility
Principal Interest
$3,948
Taxes
$341

Home Price

$1,776,500

Loan Details

30 yrs
%

Down Payment

20%
$355,300
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Monthly Price:
$3,947.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,947.78 $341.42 $0.00 $4,289.19
Yearly $47,373.33 $4,097.00 $0.00 $51,470.33
Total $1,421,200.00 $122,910.00 $0.00 $1,544,110.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Meridian, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.