Property summary
Exceptional investment opportunity in Star, Idaho, featuring a newly constructed, 9,250 square foot building situated on a 1.07-acre lot. This property boasts a 6.00% capitalization rate and is currently occupied by a tenant under a 10-year triple net (NNN) lease, providing immediate and consistent cash flow. The tenant, The Valley Learning Center, took possession in August 2023. The building is fully sprinklered and includes a fenced yard and paved parking. Its convenient location is within walking distance of Star Elementary School, making it an attractive and accessible property. The asking price is $3,700,000. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable location with a strong tenant and long-term lease in place. The building's size is 9,250 square feet, offering significant potential for future appreciation. This property is ideal for investors seeking a stable, long-term investment with a strong return. The property is located at 594 N Star Road, Star, ID 83669.
Property profile
VerifiedCap rate & NOI
Current use
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High School Daycare Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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