Ad #7902110
MLS #98990765
Rare opportunity to acquire a fully leased net-leased childcare
3605 N Locust Grove Rd, Meridian, Idaho, 83646
$1,419,000
--Beds
--Baths
3,190Sqft
0.370Acres
About this property
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
0 Beds
0 Baths
3,190 Sqft
Built in 2007
0.370 Acres
1 Story
Siding: Frame, Stucco, Stone
Composition Roof
Natural Gas, Forced Air
$3,823 / yr property tax
Ada County
Additional Photos
Contact Information
Matt Bauscher
Amherst Madison Treasure Valley, LLC
208-330-8515
Location
Listing Agent: Matt Bauscher (License #: SP40991) 208-330-8515
Broker: Amherst Madison Treasure Valley, LLC 208-924-4168 Listing Site
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Amherst Madison Treasure Valley, LLC 208-924-4168 Listing Site
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 24, 2026
Photo Gallery
$1,419,000
--
Beds
--
Baths
3,190
Sqft
3605 N Locust Grove Rd, Meridian, Idaho, 83646
By contacting this agent you agree to these Terms and Conditions.
MLS# 98990765
Rare opportunity to acquire a fully leased net-leased childcare
$1,419,000
3605 N Locust Grove Rd, Meridian, Idaho, 83646
--
Beds
--
Baths
3,190
Sqft
0.370
Acres
$1,419,000
3605 N Locust Grove Rd, Meridian, Idaho, 83646
-- Beds
-- Baths
3,190 Sqft
0.370 Acres
Accessibility Features
Accessible Approach with Ramp
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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
3,190 Sqft
Built in 2007
0.370 Acres
1 Story
EXTERIOR
Siding: Frame, Stucco, Stone
Composition Roof
INTERIOR
Natural Gas, Forced Air
FINANCIAL & COMMUNITY
$3,823 / yr property tax
Ada County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7902110
Viewed
29 times
Listing Status
Active
Added
Jun 18, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Intermountain Multiple Listing Service
Source Property ID
98990765
Listing Agent: Matt Bauscher (License #: SP40991) 208-330-8515
Broker: Amherst Madison Treasure Valley, LLC 208-924-4168 Listing Site
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Amherst Madison Treasure Valley, LLC 208-924-4168 Listing Site
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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