Purpose-Built Daycare
For Sale
$1,419,000
3605 N Locust Grove Rd, Meridian, ID 83646
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$444.83
Days on Market84
Property Features for 3605 N Locust Grove Rd
General Information
Standard status
Active
Size
3,190 SF
Lot size
0.37 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Road Access
Yes
Amenities
Lot Features: "10000 SF - .49 Acre", "Lawn Sprinklers", Lot Size Acres: 0.37, Lot Size Area: 0.37, Lot Size Square Feet: 16117.2, Lot Size Units: Acres
Fencing: "Partial", "Fenced"
Tax Annual Amount: 3823, Tax Legal Description: LOT 06 BLK 01 BROCKTON SUB
Flooring: Concrete
Gross Income: 83544, Net Operating Income: 83544
Cooling: Central Air, Cooling YN: t
Heating: "Forced Air", "Natural Gas", Heating YN: t
Business Name: The Owl's Daycare, Business Type: Commercial, Existing Lease Type: NNN, Lease Amount: 6962, Lease Term: 120, Listing Id: 98990765, Listing Service: Full Service, Listing Terms: "Cash", "Conventional", List Price: 1419000, Mls Status: Active, Number Of Units Total: 1, Standard Status: Active
Parking Features: "6 - 10 Spaces", "Parking Facility", Parking Total: 9
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 3190, Building Area Units: Square Feet, Building Features: Lighting, Building Name: The Owl's Nest Daycare & Preschool, Construction Materials: "Frame", "Stucco", "Stone", Living Area: 3190, Living Area Units: Square Feet, Stories: 1, Year Built: 2007
City: Meridian, Coordinates: "-116.3749105", "43.63767279", Country: US, County Or Parish: Ada, Cross Street: Chinden Boulevard, Directions: From Chinden Blvd, south on Locust Grove Rd to property., Latitude: 43.63767279, Longitude: -116.3749105, Postal Code: 83646, State Or Province: ID, Street Dir Prefix: N, Street Name: Locust Grove Rd, Street Number: 3605, Street Number Numeric: 3605, Unparsed Address: 3605 N Locust Grove Rd, Meridian ID 83646
Farm Land Area Units: Square Feet, Leasable Area: 3190, Leasable Area Units: Square Feet, Parcel Number: R1090760060, Possible Use: Retail Suitable(Day Care Facility), Property Type: Commercial Sale, Road Surface Type: Paved
Electric: 220 Volts, Utilities: "Sewer Connected", "Natural Gas Available"
Water Source: City Service
Accessibility Features: Handicap Access
Exterior Features: Paved Outside Area
Building Details
Year Built
2007
Buildings
1
Tenancy
Single
Listing Agency:
Amherst Madison
(208) 391-2391
Listed By:
Matt Bauscher · License #SP40991
(208) 330-8515
Source:
Thgboise
Added: Jun 18
Changed: Sep 8
Last Checked: Sep 8 at 8:17AM
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
Property Profile
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 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
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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 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 $1,419,000.
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
