2940 E Overland Rd - Day Care Center FOR SALE


Meridian, ID 83642- Southeast Meridian
$3,133,300 USD
208-867-0189
2940 E Overland Rd, Meridian, ID for Sale
$3,133,300 USD
Day Care Center - FOR SALE
1/6
null | 6% Cap Rate

2940 E Overland Rd
Meridian, ID 83642
Southeast Meridian


HIGHLIGHTS

  • Healthcare Tenant with Sticky Operations - The asset’s use as a memory care facility makes it an essential, mission-critical location for the tenant.
  • Personal Guaranty in Place - The lease is backed by a personal guaranty from the operator, providing added security for the landlord.
  • Established Operator – The tenant, is a highly experienced operator with seven BrightStar locations in the region.
  • High-Growth Market – Boise MSA Meridian is part of the Boise Metro Area, one of the fastest-growing regions in the United States.
  • Generational Real Estate – The ±7,600 SF memory care facility situated on 1.063 acres of land with high barriers to entry.
  • Strategic, High-Traffic Location - Located along East Overland Road, a major arterial with over 30,000 vehicles per day, providing strong visibility.

OVERVIEW

GoldmanRyden is pleased to present the opportunity to acquire a high-quality, build-to-suit memory care facility located in Meridian, Idaho, leased to BrightStar Assisted Living, a nationally recognized provider of in-home health and senior care services. This investment offers a long-term, passive income stream backed by a triple net (NNN) lease structure with limited landlord obligations in one of the nation’s fastest growing communities.

FOR SALE DETAILS

PRICE

$3,133,300 USD

PRICE/SF

$412 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

15 Year Net Leased Investment | Boise ID

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R1901110010

ASK ABOUT THIS PROPERTY

Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

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Lew GoldmanGoldman | Ryden Real Estate Investment ServicesMore Info
208-867-0189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.