231 Beck Rd - Retail FOR SALE


Post Falls, ID 83854
$3,560,000 USD
503-957-7945
231 Beck Rd, Post Falls, ID for Sale
$3,560,000 USD
Retail - FOR SALE
1/3
null | 5% Cap Rate

231 Beck Rd
Post Falls, ID 83854


HIGHLIGHTS

  • NNN lease structure with 10% rent increases every five years.
  • Brand new build-to-suit construction equipped with drive-thru.
  • Prime pad location at The Pointe at Post Falls, a 170+ acre master-planned development anchored by a Walmart Supercenter
  • High-growth trade area with a 14% increase in the average home price over the last five years.
  • The only Starbucks drive-thru within a 10-minute drive to the west and 15-minute drive from the east.
  • Strong surrounding demographics with an average household income of $111K within a 5-mile radius.

OVERVIEW

The Offering provides the opportunity to acquire a new construction, build-to-suit Starbucks operating on a 10-year, triple net lease. The Property has exceptional visibility from I-90, located at a new interchange driving traffic from the freeway to The Pointe at Post Falls, a regional shopping center anchored by a Walmart Supercenter and the only Cabela’s within 180 miles and the most-visited Cabela’s in the state. Starbucks benefits from a high-growth trade area with a nearly 24% increase in population over the last five years and high average incomes over $111K within a five-mile radius.

FOR SALE DETAILS

PRICE

$3,560,000 USD

PRICE/SF

$1,445 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

PL740006014B

ASK ABOUT THIS PROPERTY

Sean MackNorthmarqMore Info
503-957-7945

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Sean MackNorthmarqMore Info
503-957-7945

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