4159 Yellowstone Ave - Freestanding FOR SALE


Chubbuck, ID 83202
$4,865,000 USD
650-678-7200
4159 Yellowstone Ave, Chubbuck, ID for Sale
$4,865,000 USD
Freestanding - FOR SALE
1/3
null | 6.25% Cap Rate

4159 Yellowstone Ave
Chubbuck, ID 83202


HIGHLIGHTS

  • Both tenants signed new 10-year lease extensions after relocating from the old mall building, Pine Ridge Mall
  • New construction Target and strip buildings
  • Corporate signed leases for each tenant
  • Replaceable rents of $33/SF and $39/SF
  • Pine Ridge Mall - 660,000+ SF of leasable area currently at 95% occupancy
  • Ranked in the top 12% of shopping centers nationwide in terms of annual visitors – 3.1M (per Placer.ai)

OVERVIEW

A new construction pad to ground up Target anchored power center. The old mall was demolished to make way for a new Target, and both Buckle and Bath & Body Works relocated after 25+ year operating histories at the mall to this new construction pad, at relatively low pad rents. The center is now over 95% occupied and ranked in the top 12% of shopping centers nationwide in terms of annual visitors – 3.1M (per Placer.ai).

FOR SALE DETAILS

PRICE

$4,865,000 USD

PRICE/SF

$567 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Buckle and Bath & Body Works

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

-

APN/PARCEL ID

RCPRR000600

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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