About 1463 E Star Dr
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.
Features of 1463 E Star Dr
| MLS® # | 98990772 |
|---|---|
| Price Per SQFT | $422 |
| Square Footage | 4,207 |
| Acres | 0.56 |
| Year Built | 2009 |
| Type | Commercial Sale |
| Status | Active |
Listing Map
Community Information
| Address | 1463 E Star Dr |
|---|---|
| Area | |
| Subdivision | |
| City | Meridian |
| County | Ada |
| State | ID |
| Zip Code | 83646 |
Amenities
| Utilities | Sewer Connected, Natural Gas Available |
|---|---|
| Parking Spaces | 20 |
| Parking | 11 - 20 Spaces, Parking Facility |
| Is Waterfront | No |
| Has Pool | No |
| Virtual Tour | View Virtual Tour |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Paved Outside Area |
|---|---|
| Lot Description | 1/2 - .99 Acre, Lawn Sprinklers |
| Roof | Composition |
Additional Information
| Date Listed | June 18th, 2026 |
|---|---|
| Days on Market | 55 |
| Zoning | L-O |
| Property Taxes | $4,097 |
| Office | Amherst Madison |
| Contact Info | mike@amherst-madison.com |
Price History
| Price Reduced from $1,870,000 to $1,776,500 | ↓ $93,500 (5.00%) | |
| Status Changed from New to Active | – | |
| 06/18/2026 | Listed for sale at $1,870,000 |