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About the Listing 11591 - 21248
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
Listing Highlights
Status
Active
Days on Site
17
Property Type
Commercial Sale
MLS ®
98990764
Year Built
2020
Total Square Footage
7,566
Lot/Acreage
0.89
County
Ada
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Service
Exterior Details
- Lot Description: 1/2 - .99 Acre,Lawn Sprinklers,Partial,Fenced,Sewer Connected,Natural Gas Available,1 Acre or Less
- Garage Capacity: N/A
- Parking Spaces: 24
- Zoning: C-G
- Roof: Composition,Flat
- Others:
- Sewer:
- Parking Features: 51 - 100 Spaces,Parking Facility
Financial Details
- Tax Amount: $11,772
- Taxes w/Assessments: N/A
- Tax/Property ID: R8484000145
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1001 S Sentinel Ln Meridian, ID 83642
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