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About This Home
This 0-bedroom, 0-bathroom single family at 1463 E Star Dr in Meridian, ID is listed for $1,870,000 ($444 per sqft). Built in 2009, the home offers 4,207 sqft of living space on a 0.56 acres lot.
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.
Key Features
- Built in 2009
- 0.56 acre lot
- 20 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$10,001/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1463 E Star Dr
Meridian, ID 83646
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 1463 E Star Dr is listed at $1,870,000 ($444/sqft). The estimated monthly payment is $8,103 based on 20% down at 6.5% interest.
Key features include: Built in 2009, 0.56 acre lot, 20 parking spaces. Exterior Features: Paved Outside Area.
This property is listed by Matt Bauscher and can be reached at 2083308515 or matt@bauscherrealestate.com.