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1463 E Star Dr Meridian, ID $ 1,870,000
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1463 E Star Dr
$ 1,870,000
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1463 E Star Dr

Meridian, ID, 83646
$ 1,870,000
Bedrooms-- Baths-- Sq 4,207
1463 E Star Dr, Meridian, ID 83646 - Image 1
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Property for Rent in Meridian, ID

for $1,870,000. This 4,207 square foot property was built in 2009 on a lot size of 0.56.

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.

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Rental Active

Price

$ 1,870,000

Taxes

$ 4,097

Style

Lot Size

0.56

Year Built

2009

Town/City

Meridian

County/Region

Ada

MLS | Web ID

98990772
Features
General
Heating Forced Air
Cooling Central Air
Utilities Sewer Connected
Roof Composition
Security Features Fire Sprinkler System
Construction Materials Brick
Year Built 2009
Electric 220 Volts
Stories Count 1
Gross Income 110184
Business Type Commercial
Building Name Premier Early Childhood Education Partners
Accessibility Handicap Access
County Ada
Net Operating Income 110184
Operating Expense 0
Property Type Commercial Sale
Possible Use Retail Suitable(Day Care Facility)
Building Features Lighting
Total Rooms 0
Status Active
Directions From Eagle Rd east on Chinden Blvd north on Star Rd east on E Star Dr to property.
City Meridian
Zoning Description L-O
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 24393.6
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 4097
Ok to Lease 120
Leasable Area 4207
Virtual Tour https://my.matterport.com/show/?m=Pg6qmVTDXih
Building Area Units Square Feet
Lease Type Full Service
Living Area Units Square Feet
Standard Status Active
Cap Rate 5.89
Legal Description LOT 01 BLK 02 RAZZBERRY CROSSING SUB
LeasableAreaUnits Square Feet
Freehold IDX
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Interior
Flooring Concrete
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Exterior Amenities Paved Outside Area
Fencing Partial
Parking Features 11 - 20 Spaces
Lot Features 1/2 - .99 Acre
Water Source City Service
Total Parking 20
Lot Size Area 0.56
Building Area Total 4207
Lot Size Acres 0.56
Road Surface Type Paved
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* Excluded Features
List By
Matt Bauscher

Listing Agent

Amherst Madison

Broker

matt@bauscherrealestate.com

Email

Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/18/2026$1,870,000 Listed Price

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1463 E Star Dr, Meridian, ID, 83646 is a Property for Rent at $1,870,000 with 4,207 sqft and a lot size of 0.56. 1463 E Star Dr was built in 2009. The property's zip code is 83646 which is in Meridian, ID

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