20 Nearing Way - Supermarket FOR SALE


Kellogg, ID 83837
$6,480,000 USD
801-599-8340
20 Nearing Way, Kellogg, ID for Sale
$6,480,000 USD
Supermarket - FOR SALE
1/9
null | 5.5% Cap Rate

20 Nearing Way
Kellogg, ID 83837


HIGHLIGHTS

  • Located directly off I-90 with immediate freeway access at Exit 48, ensuring strong regional connectivity.
  • Modern 18,000 SF building constructed in 2022 and positioned on a 2.14-acre site.
  • Both dock-high and grade-level loading doors for flexible operational needs.
  • Includes 106 parking spaces for high customer volume support.
  • Designated within an Opportunity Zone, offering potential tax benefits for qualifying investors.
  • Situated within Silver Valley’s established retail corridor surrounded by national retailers.

OVERVIEW

This modern retail property in Kellogg’s Silver Valley corridor provides an exceptional acquisition opportunity for investors or owner-users. Strategically located immediately off I-90 at Exit 48, the building offers unmatched regional connectivity and visibility in one of North Idaho’s most active travel and trade corridors. Built in 2022, the single-story structure features a versatile 18,000 SF footprint on over 2 acres, making it an efficient option for grocery, big-box retail, or adaptive reuse. The site includes high parking ratios and is fully improved, with both dock-high and grade-level loading capabilities to support logistics, distribution, or hybrid retail models. Anchored in an established commercial node near national brands, the property benefits from steady consumer traffic and proximity to key regional attractions. Its inclusion in a federally designated Opportunity Zone allows for significant potential tax advantages upon reinvestment.

FOR SALE DETAILS

PRICE

$6,480,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Grocery Outlet

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

106

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

Commercial

APN/PARCEL ID

RP49N02E355616A

ASK ABOUT THIS PROPERTY

Kris JacksonTOK CommercialMore Info
801-599-8340

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

Kris JacksonTOK CommercialMore Info
801-599-8340

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