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1463 E Star Dr

Meridian, ID 83646
  • $1,870,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 98990772
$1,870,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,207
    SQFT
  • $444
    $/SQFT
Type:
Commercial
Built:
2009
County:
Ada

School Ratings & Info

Intermountain MLS logoCourtesy of Amherst Madison at 208-391-2391.

Description

Net leased childcare investment opportunity located in Meridian, Idaho. The property consists of a 4,207 SF purpose-built daycare facility situated on approximately 0.56 acres. The facility is fully occupied by Premier Early Childhood Education Partners under a long-term triple-net lease. Lease commenced August 22, 2025 and includes annual 2% rent escalations and three 5-year renewal options. Tenant responsibilities include taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance and general repairs, providing investors with stable passive income and limited landlord responsibilities. Located near Eagle Road and East Chinden Boulevard, the property is surrounded by established neighborhoods, schools, parks, and major retail amenities. The area continues to experience strong residential growth and population expansion, supporting long-term demand for childcare and early education services.

Directions: From Eagle Rd, east on Chinden Blvd, north on Star Rd, east on E Star Dr to property.

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Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2026-07-17T00:10:32.78.
www.michaelryanrealestate.com/homes/177916092
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1463 E Star Dr Meridian, ID 83646

  • Price: $1,870,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: 98990772
0
Beds
0
Baths
0
½ Baths
0.56
Acres
4,207
SQFT
$444
$/SQFT
2009
Built
County:
Ada
Property Description
Net leased childcare investment opportunity located in Meridian, Idaho. The property consists of a 4,207 SF purpose-built daycare facility situated on approximately 0.56 acres. The facility is fully occupied by Premier Early Childhood Education Partners under a long-term triple-net lease. Lease commenced August 22, 2025 and includes annual 2% rent escalations and three 5-year renewal options. Tenant responsibilities include taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance and general repairs, providing investors with stable passive income and limited landlord responsibilities. Located near Eagle Road and East Chinden Boulevard, the property is surrounded by established neighborhoods, schools, parks, and major retail amenities. The area continues to experience strong residential growth and population expansion, supporting long-term demand for childcare and early education services.

Directions: From Eagle Rd, east on Chinden Blvd, north on Star Rd, east on E Star Dr to property.
Exterior Features

Construction Materials BrickFrameStucco Exterior Features Paved Outside Area Fencing PartialFenced Lot Features 1/2 - .99 AcreLawn Sprinklers Parking Features 11 - 20 SpacesParking Facility Parking Total 20 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Access Below Grade Finished Area Units Square Feet Building Area Total 4207 Cooling Central Air Cooling YN Yes Flooring Concrete Heating Forced AirNatural Gas Heating YN Yes Rooms Total 0

Property Features

Building Features Lighting Business Type Commercial Electric 220 Volts Gross Income 110184 Land Lease YN No Lease Term 120 Listing Terms CashConventional Net Operating Income 110184 Operating Expense 0 Possible Use Retail Suitable(Day Care Facility) Road Surface Type Paved Tax Annual Amount 4097 Tax Legal Description LOT 01 BLK 02 RAZZBERRY CROSSING SUB Utilities Sewer ConnectedNatural Gas Available Water Source City Service Zoning Description L-O

Intermountain MLS logoCourtesy of Amherst Madison: 208-391-2391.


Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2026-07-17T00:10:32.78.
 
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Michael Ryan Real Estate
3611 North Locust Grove Road
Meridian ID, 83646
Intermountain MLS logoCourtesy of Amherst Madison at 208-391-2391.