2009 S Wells Ave - Day Care Center FOR SALE


Meridian, ID 83642- Southeast Meridian
$4,600,000 USD
208-867-0189
2009 S Wells Ave, Meridian, ID for Sale
$4,600,000 USD
Day Care Center - FOR SALE
1/2
null | 6% Cap Rate

2009 S Wells Ave
Meridian, ID 83642
Southeast Meridian


HIGHLIGHTS

  • Premier Tenant – The Goddard School, a trusted and established national preschool brand.
  • Long-Term Stability – Tenant will execute a new 7-year lease at closing.
  • Absolute NNN Lease – No landlord responsibilities; tenant is fully responsible for all expenses, including taxes, insurance, and maintenance. Perfect
  • Annual Rent Increases – 2% annual escalations provide built-in income growth.
  • Prime Meridian Location – Situated in one of Idaho’s fastest-growing communities with strong demographics and demand for high-quality childcare servic
  • Boise Idaho - Boise is currently the 6th fastest growing city in the U.S. and Idaho has experienced more growth than any other state in the county

OVERVIEW

We are pleased to present a prime net leased investment opportunity featuring The Goddard School, a leader in early childhood education. This 2019-built property offers a brand-new 7-year absolute NNN lease, ensuring long-term tenant stability and zero landlord responsibilities. The lease includes 2% annual rent escalations, providing steady income growth and protection against inflation. Situated in one of Idaho’s fastest-growing cities, the property benefits from strong local demand for childcare services. This passive, recession-resistant investment offers predictable cash flow with no management duties, ideal for investors seeking a high-quality, long-term asset. Contact us for more details.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$525 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,888 SF

ZONING

-

APN/PARCEL ID

-

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.