1001 S Sentinel Ln, Meridian, ID 83642
1001 S Sentinel Ln, Meridian, ID 83642
1001 S Sentinel Ln, Meridian, ID 83642
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Listed by Matt Bauscher • Amherst Madison
$3,366,000
Est. payment /mo
7,566 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,566 sqft

Price per Sqft $444

MLS Listing ID 98990764

HOA Y/N No

Year Built 2020

Annual Tax Amount $11,772

Lot Size 0.890 Acres

Acres 0.89

Source IMLS 2

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

Location

State ID

County Ada

Zoning C-G

Direction From Ten Mile Rd, W on W Navigator Dr, N on S Sentinel Ln to property.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Concrete

Fireplace No

Exterior

Exterior Feature Paved Outside Area

Fence Partial, Fenced

Utilities Available Sewer Connected, Natural Gas Available

Roof Type Composition,Flat

Street Surface Paved

Accessibility Handicap Access

Handicap Access Handicap Access

Total Parking Spaces 24

Building

Lot Description 1/2 - .99 Acre, Lawn Sprinklers

Building Description Frame,Stucco,Stone, Lighting

Faces From Ten Mile Rd, W on W Navigator Dr, N on S Sentinel Ln to property.

Story 1

Water City Service

Structure Type Frame,Stucco,Stone

New Construction No

Others

Senior Community No

Tax ID R8484000145

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Intermountain MLS (IMLS)

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+1(208) 472-5337

info@lysibishop.com

913 W River St Suite 200, Boise, ID, 83702

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