The Owl's Nest Daycare & Preschool presents the opportunity to acquire a fully leased, single-tenant net leased childcare investment in the Boise Metropolitan Area. The property consists of a 3,190-square-foot childcare facility situated on approximately 0.37 acres and is leased under a new 10-year NNN lease with 2.0% annual rental escalations and three (3) five-year renewal options.
The property generates $85,223 in annual rental income and is offered at $1,348,050, representing a 6.32% in-place cap rate and a forward cap rate following the first scheduled 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.
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 along N Locust Grove Road in Meridian, the property is positioned within a well-established residential corridor with convenient access to surrounding neighborhoods, schools, and major transportation routes. This offering is well suited for 1031 exchange buyers and net lease investors seeking stable income, contractual rent growth, and long-term occupancy in one of Idaho's strongest growth markets.