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$1,312,575
7 Days On Site

3605 N Locust Grove Rd
Meridian, ID 83646

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
3,190
SqFt
$411
/SqFt
2007
Built
County:
Ada
Listing courtesy of Amherst Madison (208) 330-8515
Call Now: (208) 841-4283
Is this the listing for you? We can help make it yours.
(208) 841-4283
3605 N Locust Grove Rd3605 N Locust Grove Rd3605 N Locust Grove Rd3605 N Locust Grove Rd
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Rare opportunity to acquire a fully leased net-leased childcare investment in the heart of Meridian, Idaho. The property consists of a 3,190 SF purpose-built daycare facility situated on 0.37 acres and occupied by Premier Early Childhood Education Partners under a long-term triple-net lease. The lease commenced August 22, 2025 and extends through August 2035 with three 5-year renewal options and annual 2% rent increases. Tenant is responsible for taxes, insurance, utilities, HOA dues, landscaping, HVAC maintenance, and general repairs, providing stable passive income and minimal landlord responsibilities. Located along the highly trafficked Locust Grove Road corridor, the property is surrounded by established neighborhoods, schools, parks, and major retail amenities, including The Village at Meridian. The property benefits from strong surrounding demographics, established residential neighborhoods, and continued population growth supporting long-term childcare demand.

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Listing Snapshot
Price 
$1,312,575
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,190 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.37 Acres
Year Built 
2007
MLS Number 
99005538
Status 
Active
Property Tax 
$3,823
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS
a week agoListing first seen on site
General Features
Acres 
0.37
Building Features 
Lighting
Cross Street 
Chinden Boulevard
Land Lease 
No
Parking Spaces 
9
SqFt Total 
3190
Utilities 
Sewer ConnectedNatural Gas Available
Water Source 
Public
Zoning 
L-O
Interior Features
Cooling 
Central Air
Electric 
220 Volts
Flooring 
Concrete
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
FrameStuccoStone
Fencing 
PartialFenced
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
Roads 
Paved
Listing courtesy of Amherst Madison (208) 330-8515



All listings displayed pursuant to IDX shall show IMLS as the source of the information by using the approved MLS icon. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed. Copyright 2026, Intermountain Multiple Listing Service.
Last checked: 2026-11-12 12:55 PM UTC

Neighborhood & Commute
Source: Walkscore
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