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5586 N Maple Grove Rd
Garden City, ID 83714
Starbucks · Retail Property For Sale
Investment Highlights
- Recently completed in 2025, the Property offers investors a new-construction Starbucks in one of the most desirable net lease retail formats.
- Starbucks is committed through Apr. 30, 2035, with approximately nine years remaining, a 10% rent increase in 2030, and four 5-year options.
- The surrounding retail submarket reports just 3.9% vacancy, signaling limited competing supply and healthy tenant demand.
- The Property is positioned on a highly visible corner at Highway 26 and North Maple Grove Road, offering outstanding frontage and strong access.
- Located on Highway 26, the Property benefits from visibility to ~42,100 vehicles daily, supporting convenient access.
Executive Summary
Northmarq is pleased to present the opportunity to acquire a brand new Starbucks drive-thru property in Garden City, Idaho. Constructed in 2025, the Property is leased to Starbucks on a NNN lease with approximately nine years of remaining term through April 30, 2035. The lease includes a 10% rent increase in 2030, and grants four additional five-year renewal options, each with 10% rent bumps.
The Property occupies an exceptionally visible corner at Highway 26 and North Maple Grove Road, with exposure to a combined 42,100 vehicles per day. The drive-thru format, new construction, and strong parking ratio support long-term operational performance and tenant functionality. Situated in a tight retail submarket with 3.9% vacancy, the Property offers investors a combination of premier visibility, strong real estate fundamentals, and contractual rent growth.
The Property occupies an exceptionally visible corner at Highway 26 and North Maple Grove Road, with exposure to a combined 42,100 vehicles per day. The drive-thru format, new construction, and strong parking ratio support long-term operational performance and tenant functionality. Situated in a tight retail submarket with 3.9% vacancy, the Property offers investors a combination of premier visibility, strong real estate fundamentals, and contractual rent growth.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,266 SF
Building Class
B
Year Built
2025
Price
$2,750,000
Price Per SF
$2,172.20
Cap Rate
5.45%
NOI
$149,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.49 AC
Zoning
C-2
Property Taxes
| Parcel Number | S0526417340 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $624,300 |
Property Taxes
Parcel Number
S0526417340
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$624,300
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