Purpose-Built Daycare
For Sale
$1,348,050
3605 N Locust Grove Rd, Meridian, ID 83642
Fully leased childcare property with a long-term triple-net lease and defined renewal options.
Property Size3,190 SF
Lot Size0.37 Acres
Price / SF$422.59
Days on Market48
Property Features for 3605 N Locust Grove Rd
General Information
Standard status
Active
Size
3,190 SF
Lot size
0.37 Acres
Occupancy
100%
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,823
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Amherst Madison
(208) 330-8515
Listed By:
Matt Bauscher · License #SP40991
(208) 330-8515
Source:
Exprealty
Added: Jun 18
Changed: Aug 3
Last Checked: Aug 3 at 3:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Amherst Madison
Investment Insights
Based on property information with market context.
This 3,190-square-foot childcare facility is purpose-built for daycare operations and occupies a 0.37-acre site. Premier Early Childhood Education Partners leases the property under a triple-net structure, with the current term running from August 22, 2025, through August 2035. The agreement includes three 5-year renewal options and annual 2% rent increases.
The property is positioned at 3605 N Locust Grove Rd in Meridian, Idaho, along the Locust Grove Road corridor. Surrounding context includes established residential neighborhoods, schools, parks, and retail amenities, including The Village at Meridian. Tenant responsibilities include taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance, and general repairs.
The property is positioned at 3605 N Locust Grove Rd in Meridian, Idaho, along the Locust Grove Road corridor. Surrounding context includes established residential neighborhoods, schools, parks, and retail amenities, including The Village at Meridian. Tenant responsibilities include taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance, and general repairs.
Key Highlights
- 3,190 SF purpose‑built daycare facility on 0.37 acres
- Fully leased to Premier Early Childhood Education Partners
- Triple‑net lease runs through August 2035
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Balanced
Demand for This Use
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
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Similar Off Market Nearby
- Brighter Beginnings Learning Center — 1463 E Star Dr, Meridian, ID 83646
- The Owl's Nest Daycare & Preschool — 3605 N Locust Grove Rd, Meridian, ID 83646
- Kims Kare A Lot Childcare — 2220 E Star Ln, Meridian, ID 83646
- Bearly Grown Child Care Center — 3605 N Locust Grove Rd, Meridian, ID 83646
Frequently Asked Questions
What type of property is this?
Day care center - Fully leased childcare property with a long-term triple-net lease and defined renewal options.
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 SF purpose‑built daycare facility on 0.37 acres; Fully leased to Premier Early Childhood Education Partners; Triple‑net lease runs through August 2035
