2175 S Sub Station Rd - Supermarket FOR SALE


Emmett, ID 83617
$6,490,909 USD
208-975-4447
2175 S Sub Station Rd, Emmett, ID for Sale
$6,490,909 USD
Supermarket - FOR SALE
1/44
null | 5.5% Cap Rate

2175 S Sub Station Rd
Emmett, ID 83617


HIGHLIGHTS

  • JUST LISTED - NEW GROCERY OUTLET
  • 15 YEAR NNN LEASED INVESTMENT
  • AT THE BLACK CANYON VILLAGE
  • 4 - 5 YEAR OPTIONS
  • 10% BUMPS
  • OPENED APRIL 24TH

OVERVIEW

JUST LISTED - NEW GROCERY OUTLET -- 15 YEAR NNN LEASED INVESTMENT AT THE BLACK CANYON VILLAGE -- Summit Commercial Real Estate Group has been retained as the exclusive agent in the sale of a 16,000 square foot freestanding single tenant Grocery Outlet at the Black Canyon Village. Construction of the building was recently completed with a grand opening on April 24th, the tenant is now open and operating. The property is located in a growing City in the State of Idaho. The five-year projection for the population in the area is 17,200 representing a change of 1.38% annually from 2024 to 2029. The five-year projection of households is 6,468, a change of 1.16% annually from the current year total. This property is on Highway 16 which now provides direct access to Interstate 84, & it benefits from unobstructed visibility. Located in a rural Idaho community and surrounded by a 15 minute drive time population of 24,646 - 8,885 households - $75,544 median household income - $107,465 average household income (2024). Current traffic counts exceed 12,000 cars per day on Highway 16 and it is the primary thoroughfare leading into Emmett. Surrounding tenants include Starbucks - New - Opening Soon, Albertsons, Sonic, & Papa Murphy’s. Access to the property is simplified by its multiple curb-cuts and cross-access from the neighboring developments. This building is in growing development corridor - current surrounding retailers, restaurants, and business include Bi-Mart, D&B Supply, Tractor Supply, Subway, Dollar Tree, Maverik, Walgreens, Chevron, Elements, Stinker Store, McDonald’s, Taco Bell, Arctic Circle, T-Mobile, Happy Teriyaki, Jacksons, Peak Fitness, Pizza Factory, Domino’s Pizza, Ranger District. Contact agents for additional information.

FOR SALE DETAILS

PRICE

$6,490,909 USD

PRICE/SF

$406 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant NNN Leased Investment - GO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

C1

APN/PARCEL ID

RP06N01W170526,RPC9300B010040

ASK ABOUT THIS PROPERTY

Andrea NilsonSummit Commercial Real Estate GroupMore Info
208-975-4447

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Andrea NilsonSummit Commercial Real Estate GroupMore Info
208-975-4447

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