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2490 S Cloverdale Rd
Boise, ID 83709 Southwest Boise

$1,971,428 USD

Daycare Center For Sale  •  4,192 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 4,192 SF
  • Lot Size 0.91 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning R-1C
0 Transit Score
40 Walk Score

Highlights

Passive Absolute NNN Structure: The lease is structured as absolute NNN, eliminating landlord responsibilities for taxes, insurance, and maintenance
Long Term Lease: The tenant executed a new seven year lease beginning September 2023, providing immediate cash flow and lease term security.
Annual Rental Growth: Lease includes 2 percent annual rent increases, providing built in income growth and inflation protection.
Recession Resistant Asset Class: Childcare properties historically perform well across economic cycles due to essential service demand and dual income
Established Operating Location: The property has operated as a daycare facility since 2005, demonstrating long term operational viability and consiste
Large Land Parcel: Situated on approximately 0.9 acres, providing ample outdoor play areas and parking which are critical components for childcare fac

Property Flyers

Cap Rate: 7.00 %

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Boise Air Trml/Gowen Field 16 min - 7.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Lew Goldman 208-867-0189 Goldman | Ryden Real Estate Investment Services
Lew Goldman 208-867-0189 Goldman | Ryden Real Estate Investment Services