1001 S Sentinel Ln, Meridian, ID 83642
Courtesy of Amherst Madison. Main: 208-391-2391
- $3,197,700
- 7,566
- SqFt
- List Price
- $3,197,700
- Status
- ACTIVE
- Days on Market
- 52
- Price Change
- ▼ $168,300 1784962910
- MLS#
- 98990764
- Year Built
- 2020
- Living Area
- 7,566
- Lot Size
- 38,768
- Acres
- 0.89
- Building Name
- Ten Mile Academy
Property 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
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Additional Information
- Exterior Features
- Paved Outside Area
- Taxes
- $11,772
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- Central Air
- Exterior Construction
- Frame, Stucco, Stone
- Stories
- 1
- Roof
- Composition, Flat
- Parking Features
- 51 - 100 Spaces, Parking Facility
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