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.