13013 W Persimmon Ln - Office FOR SALE


Boise, ID 83713- West Valley | 
$2,225,850 USD
13013 W Persimmon Ln, Boise, ID for Sale
$2,225,850 USD
Office - FOR SALE
1/23
null | 6.34% Cap Rate

13013 W Persimmon Ln
Boise, ID 83713
West Valley


HIGHLIGHTS

  • New 10-Year NNN Lease
  • 100% Occupied Single-Tenant Investment
  • Three (3) Five-Year Renewal Options
  • Strong Residential Demographics
  • Essential-Service Real Estate
  • Mission-Critical Childcare Facility

OVERVIEW

Boise Kid Co. presents the opportunity to acquire a single-tenant net leased childcare investment located within the Boise Metropolitan Area. The property consists of a 5,280 SF purpose-built childcare facility leased under a new 10-year NNN lease with annual 2.0% rental escalations and three (3) five-year renewal options. The property generates $141,042 in annual rental income and is offered at $2,225,850, representing a 6.34% in-place cap rate and forward cap rate following the first contractual rent increase. The tenant is responsible for taxes, insurance, maintenance, and operating expenses, providing investors with a passive ownership structure and predictable long-term cash flow. The facility serves as a mission-critical operating location and benefits from strong surrounding demographics, continued residential growth, and increasing demand for childcare services throughout the Boise market. Operated by Premier Early Childhood Education Partners through its affiliated tenant entity, the Chicago-based company is a private equity-backed early childhood education operator with more than 125 locations across 28 states, over 1,000 employees, and more than 20,000 children served, with estimated annual revenue of approximately $500 million. Located near the intersection of W McMillan Road and N Cloverdale Road, the property is strategically positioned within one of the region's fastest-growing residential corridors. This offering is well suited for 1031 exchange buyers and net lease investors seeking stable income, contractual rent growth, and long-term occupancy within a growing market.

FOR SALE DETAILS

PRICE

$2,225,850 USD

PRICE/SF

$422 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

ZC-268

APN/PARCEL ID

R8192260110

ASK ABOUT THIS PROPERTY

Matt BauscherBauscher Real EstateMore Info

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Matt BauscherBauscher Real EstateMore Info

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