Listing Agency: Goldman Ryden Show Phone

Listed By: Matt Ryden · License #SP55166

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:15PM

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Investment Insights

Based on property information with market context.

This 2019-built NNN property is occupied by The Goddard School and supported by a 10-year absolute NNN lease term. The lease structure places landlord responsibilities outside the arrangement described in the source information, while providing a clearly defined long-term occupancy framework.

Annual rent escalations are set at 2%, creating scheduled increases throughout the lease term. The property is presented as a net-leased investment with an established education-oriented tenant and a passive ownership structure.

Key Highlights

• The Goddard School is the named tenant
• 2019‑built property
• 10‑year absolute NNN lease term

Property Analytics

Current Use

The Goddard School of Meridian Daycare Center

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Garden Center Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

1,627

Businesses Nearby

Explore this area Business Placement

Demographics for 83642, ID

55,465

Population

22,700

Households

2.4

Avg Household Size

35

Median Age

44%

College-Educated

95%

High-School Grad

41.5 sq mi

ZIP Area

1,337

Density / Sq Mi

$96,361

Median Household Income

$45,824

Median Earnings

$1,629

Median Rent

$492,300

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

NNN property - Built in 2019 with a long-term absolute NNN lease and scheduled annual rent escalations.

Where is this nnn property located?

The property is located at 2009 S Wells Ave Meridian, ID.

What are key features of this property?

This property features: The Goddard School is the named tenant; 2019‑built property; 10‑year absolute NNN lease term