12228 W Bridger Bay Dr - Day Care Center FOR SALE


Star, ID 83669
$1,600,000 USD
208-867-0189
12228 W Bridger Bay Dr, Star, ID for Sale
$1,600,000 USD
Day Care Center - FOR SALE
1/5
null | 6% Cap Rate

12228 W Bridger Bay Dr
Star, ID 83669


HIGHLIGHTS

  • Under market rents hedge against any downside risk.
  • Tenant has been in business since 2008.
  • Tenant will execute a brand new 5 year lease at closing, showing a strong commitment to the location.
  • The population of Star has tripled in size since 2010.
  • Recession Proof Tenant.
  • Attractive 3% annual increases.

OVERVIEW

Stepping Stones Children’s Center is a premier early education facility located in the rapidly growing city of Star, Idaho. This well maintained property offers a unique investment opportunity in an essential industry, childcare services, which continues to thrive. The property is occupied by a long-term tenant, a reputable childcare operator, who will execute a brand new 5 year lease at the close of escrow. The property features a modern design and is equipped with all necessary amenities to support early education and childcare services. The facility includes multiple classrooms, secure outdoor play areas, and dedicated administrative spaces. Star, Idaho is one of the fastest-growing areas in the Treasure Valley, benefiting from strong population growth and increasing demand for family-oriented services. The property is strategically located near residential communities, providing convenient access for working parents seeking high quality childcare options. The region has seen consistent appreciation in property values, and the future outlook remains positive with ongoing developments.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN - Boise ID - Below Market Rents

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

31,145 SF

ZONING

R-2

APN/PARCEL ID

R7084450050

ASK ABOUT THIS PROPERTY

Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

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Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.