$1,776,500
( $422.27Per Sq Foot )
 $9,537 est/mo Sourced by Back At You

1463 E Star Dr,Meridian, ID 83646

Meridian, ID 83646

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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.

Details

MLS #98990772
Listing TypeFor Sale
Building NamePremier Early Childhood Education Partners
StatusActive
Year2009
Days On Site70
Listing Provided ByAmherst Madison | Matt Bauscher

Features

SQ Feet4,207
Story(s)1
Units1
ZoningL-O
Acreage0.56

Interior

Rooms Total0
CoolingCentral Air
Cooling Yes / NoYes
HeatingForced Air, Natural Gas
Heating Yes / NoYes
FlooringConcrete

Exterior

Exterior FeaturesPaved Outside Area
RoofComposition
Lot Features1/2 - .99 Acre, Lawn Sprinklers
Construction MaterialsBrick, Frame, Stucco
FencingPartial, Fenced
Security FeaturesFire Sprinkler System

Parking

Parking Features11 - 20 Spaces, Parking Facility

Utilities

UtilitiesSewer Connected, Natural Gas Available
Electric220 Volts

Taxes

Tax Annual Amount4097
Tax Legal DescriptionLOT 01 BLK 02 RAZZBERRY CROSSING SUB

Area Information

StateID
CountyAda
CityMeridian
Zip Code83646
AreaAda
Listing VS Median (in 83646)
Price:
$1,776,500
low | high
Med:
$575,000
100% of Average
sqft:
4,207
low | high
Med:
1,914
100% of Average
$ / sqft:
$422
low | high
Med:
$300
78.856830188391% of Average
On site:
70
low | high
Med:
25
100% of Average
Sourced by Back At You

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Learn More About This Property

StateID
CountyAda
CityMeridian
Zip Code83646
AreaAda
Listing VS Median (in 83646)
Price:
$1,776,500
low | high
Med:
$575,000
100% of Average
sqft:
4,207
low | high
Med:
1,914
100% of Average
$ / sqft:
$422
low | high
Med:
$300
78.856830188391% of Average
On site:
70
low | high
Med:
25
100% of Average
Sourced by Back At You
Listing Updated: August 18, 2026 at 11:34:00 AM PDT