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Investment Highlights

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

Executive Summary

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 $138,276 in annual rental income and is offered at $2,343,000, representing a 5.90% in-place cap rate and approximately 6.02% 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.
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.

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Office
Building Size
5,280 SF
Building Class
B
Year Built
2002
Price
$2,343,000
Price Per SF
$443.75
Cap Rate
5.90%
NOI
$138,276
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,280 SF
Building FAR
0.36
Lot Size
0.34 AC
Zoning
ZC-268 - ZC-268 zoning designation permitting the existing childcare facility use. Property is currently improved and operating as a licensed childcare center.
Parking
12 Spaces (2.27 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
R8192260110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,523,400
  • Listing ID: 41042962

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 13013 W Persimmon Ln, Boise, ID 83713

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