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Purpose-Built Day Care Center
For Sale
$1,348,050

3605 N Locust Grove Rd, Meridian, ID 83646

Commercial Sale, Meridian, ID

Property Size3,190 SF
Lot Size0.37 Acres
Price / SF$422.59
Days on Market88

Property Features for 3605 N Locust Grove Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning description L-O
Parking 9
Exterior features Paved Outside Area
Fencing Fenced
Accessibility Accessible Approach with Ramp
Lot features 10000 S F - .49 Acre, Lawn Sprinklers
Directions From Chinden Blvd, south on Locust Grove Rd to property.
Standard status Active
APN R1090760060
Size 3,190 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Description LOT 06 BLK 01 BROCKTON SUB
Tax Annual Amount 3823
Legal Description LOT 06 BLK 01 BROCKTON SUB

Utilities

Utilities Natural Gas Available
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 2007
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Frame, Stucco, Stone
Roof type Composition
Listing Agency: Amherst Madison
Listed By: Matt Bauscher · License #SP40991
Added: Jun 18 Changed: Sep 13 Last Checked: Sep 13 at 6:06PM
MLS# 98990765

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.

Investment Insights

Based on property information with market context.

This 3,190-square-foot day care facility was built in 2007 on a 0.37-acre parcel. The building features frame, stucco, and stone construction, concrete flooring, natural gas forced-air heating, central air conditioning, a composition roof, and a paved outside area. An accessible approach with ramp and fenced site are also in place.

The property is leased to Premier Early Childhood Education Partners under a triple-net agreement that began August 22, 2025 and runs through August 2035. The lease includes three 5-year renewal options and annual 2% rent increases. Tenant obligations cover taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance, and general repairs. The site is located on Locust Grove Road in Meridian, near established neighborhoods, schools, parks, and The Village at Meridian.

Key Highlights

  • 3,190‑square‑foot purpose‑built day care facility on 0.37 acres
  • Lease term runs from August 22, 2025 through August 2035
  • Three 5‑year renewal options with annual 2% rent increases

Property Analytics

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Current Use

The Owl's Nest Daycare ... Daycare Center Bearly Grown Child ... Daycare Center

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Building Supply Pharmacy Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
Balanced
Demand for This Use

Demographics for 83646, ID

69,818
Population
26,829
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
2,557
Density / Sq Mi
$101,040
Median Household Income
$47,397
Median Earnings
$1,814
Median Rent
$488,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Similar Off Market Nearby

  • The Owl's Nest Daycare & Preschool 3605 N Locust Grove Rd, Meridian, ID 83646
  • Bearly Grown Child Care Center 3605 N Locust Grove Rd, Meridian, ID 83646
  • Kims Kare A Lot Childcare 2220 E Star Ln, Meridian, ID 83646
  • Brighter Beginnings Learning Center 1463 E Star Dr, Meridian, ID 83646

Frequently Asked Questions

What type of property is this?
Day care center - Fully leased childcare facility with a long-term NNN lease and accessible, fenced grounds.
Where is this day care center located?
The property is located at 3605 N Locust Grove Rd Meridian, ID.
What is the asking price?
The asking price for this property is $1,348,050.
What are key features of this property?
This property features: 3,190‑square‑foot purpose‑built day care facility on 0.37 acres; Lease term runs from August 22, 2025 through August 2035; Three 5‑year renewal options with annual 2% rent increases
More about this property
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