Description
Ten Mile Academy is a 7,566 SF purpose-built childcare facility located within the rapidly growing Ten Mile Crossing area of Meridian, Idaho. Constructed in 2020 and situated on approximately 0.89 acres, the property is 100% leased to Premier ID Sentinel LLC under a long-term triple-net (NNN) lease. The lease features a 10-year initial term, annual 2% rent escalations, and three 5-year renewal options, providing investors with stable cash flow and contractual income growth. As the largest asset within the Premier Early Childhood Education Portfolio, Ten Mile Academy benefits from modern construction, strong surrounding demographics, and proximity to one of the Treasure Valley's fastest-growing residential corridors. Located near Ten Mile Road and Interstate 84, the property is surrounded by new residential development, schools, and retail amenities. Tenant responsibilities include taxes, insurance, maintenance, and operating expenses, creating a passive investment opportunity with minimal landlord obligations
Directions: From Ten Mile Rd, W on W Navigator Dr, N on S Sentinel Ln to property.
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0BEDS
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0.89ACRES
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0BATHS
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01/2 BATHS
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7,566SQFT
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$445$/SQFT
School Ratings & Info
Courtesy of Amherst Madison at 208-391-2391.Description
Ten Mile Academy is a 7,566 SF purpose-built childcare facility located within the rapidly growing Ten Mile Crossing area of Meridian, Idaho. Constructed in 2020 and situated on approximately 0.89 acres, the property is 100% leased to Premier ID Sentinel LLC under a long-term triple-net (NNN) lease. The lease features a 10-year initial term, annual 2% rent escalations, and three 5-year renewal options, providing investors with stable cash flow and contractual income growth. As the largest asset within the Premier Early Childhood Education Portfolio, Ten Mile Academy benefits from modern construction, strong surrounding demographics, and proximity to one of the Treasure Valley's fastest-growing residential corridors. Located near Ten Mile Road and Interstate 84, the property is surrounded by new residential development, schools, and retail amenities. Tenant responsibilities include taxes, insurance, maintenance, and operating expenses, creating a passive investment opportunity with minimal landlord obligations
Directions: From Ten Mile Rd, W on W Navigator Dr, N on S Sentinel Ln to property.
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