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200 S Main St 5,345 SF Retail Building Driggs, ID 83422 $2,500,000 ($467.73/SF)
INVESTMENT HIGHLIGHTS
- High-quality professional space, perfectly sized for modern corporate requirements
- Triple Net (NNN) structure ensures the tenant handles taxes, insurance, and maintenance, providing a truly hands-off investments
- Ample dedicated onsite parking - a premium and rare feature for downtown Main Street assets
- Located in a high-growth region serving the luxury markets of Jackson Hole, WY, and the expanding outdoor recreation community of Teton County, ID.
EXECUTIVE SUMMARY
Lee & Associates is pleased to present a rare opportunity to acquire a high-profile, corporate-backed NNN investment in the heart of Driggs, Idaho. Situated on a prime corner of Main Street, this professional building is 100% leased to a national, investment grade tenant through 2032. This investment has offered more than a decade of secure, passive income in one of the Mountain West’s most resilient growth markets.
This is a ‘set-and-forget’ investment, combining the security of a national corporate tenant with a NNN structure that minimizes landlord responsibilities while providing consistent, long-term cash flow. The building’s architecture and prominent signage offer excellent brand visibility along the Teton Valley’s primary commercial artery.
Driggs is currently experiencing a transformative period of growth. With an 11.2% year-over-year increase in home prices and a 67% rise in commercial transaction volume in 2025, the Teton Valley has evolved from a seasonal destination into a year-round economic hub. This asset allows an investor to capture the appreciation of the Teton Valley market without the operational intensity of multi-tenant retail or hospitality.
This is a ‘set-and-forget’ investment, combining the security of a national corporate tenant with a NNN structure that minimizes landlord responsibilities while providing consistent, long-term cash flow. The building’s architecture and prominent signage offer excellent brand visibility along the Teton Valley’s primary commercial artery.
Driggs is currently experiencing a transformative period of growth. With an 11.2% year-over-year increase in home prices and a 67% rise in commercial transaction volume in 2025, the Teton Valley has evolved from a seasonal destination into a year-round economic hub. This asset allows an investor to capture the appreciation of the Teton Valley market without the operational intensity of multi-tenant retail or hospitality.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
5,345 SF
Building Class
B
Year Built
2006
Price
$2,500,000
Price Per SF
$467.73
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.70 AC
Zoning
CX
Parking
30 Spaces (8.14 Spaces per 1,000 SF Leased)
Frontage
105’ on Main St
AMENITIES
- Pylon Sign
- Drive Thru
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | RPA00000350006 | Improvements Assessment | $1,470,000 |
| Land Assessment | $256,000 | Total Assessment | $1,726,000 |
PROPERTY TAXES
Parcel Number
RPA00000350006
Land Assessment
$256,000
Improvements Assessment
$1,470,000
Total Assessment
$1,726,000
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