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
- Price Change
- ▼ $168,300 1784962910
- Days on Market
- 37
- Status
- ACTIVE
- MLS#
- 98990764
- County
- Ada
- Sq. Ft
- 7566
- Year Built
- 2020
- Acres
- 0.89
- Age
- 6 - 10 Years
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
- Sq. Ft
- 7566
- Garagetype
- 51 - 100 Spaces, Parking Facility
- Roof
- Composition, Flat
- Construction
- Frame, Stucco, Stone
- Fenced
- Partial, Fenced
- Lot Features
- 1/2 - .99 Acre, Lawn Sprinklers
- Air Conditioning
- Central Air
- Heating
- Forced Air, Natural Gas
- Water
- City Service
- Electric
- 220 Volts
- Taxes
- $11,772
- Parcel Number
- R8484000145
- Gross Operating Income
- 197988
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