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2588 N Idaho 41 16,000 SF 4-Star Retail Building Post Falls, ID 83854 $7,235,000 ($452.19/SF) 6.12% Cap Rate
Investment Highlights
- Corporate Lease – 560+ Locations & $4.69 Billion Net Sales
- Retail Center Anchor - 7-Eleven, McDonald’s, & Future Development Pads
- 16 Minutes from Coeur d’Alene - 30 Minutes from Spokane, WA
- NNN* Lease - Over Thirteen (13.7) Years Remaining
- Adjacent to Bluegrass Farms Apartments – 300+ Luxury Units
- Population Projected to Double by 2045 – 101,529 Residents within 5-Miles
Executive Summary
Grocery Outlet (NASDAQ: GO) is the nation’s largest extreme value grocery retailer with over 560 locations in 16 states and $4.69 Billion in net sales (FY 2025).
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
16,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$7,235,000
Price Per SF
$452.19
Cap Rate
6.12%
NOI
$442,980
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.61 AC
Zoning
CCS
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Grocery Outlet began in 1946 in San Francisco as a closeout-focused food business founded by Jim Read. Grocery Outlet operates through a network of independently operated stores built around opportunistic buying and local store operators. The company sells quality, name-brand consumables and fresh products across grocery, produce, refrigerated and frozen foods, beer and wine, fresh meat, and household basics, with continued expansion and store activity across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | PL875003004A | Improvements Assessment | $0 |
| Land Assessment | $701,730 | Total Assessment | $701,730 |
Property Taxes
Parcel Number
PL875003004A
Land Assessment
$701,730
Improvements Assessment
$0
Total Assessment
$701,730
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2588 N Idaho 41