Grocery Outlet — Sale in Mountain Home, ID
- Price: $6.5M
- Listing type: For sale
- Asset type: Retail Business
- Location: Mountain Home, ID 83647
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Description
Corporate Guarantee | 13 Years Left on a 15 Year NNN Lease | 10% Rental Increases CBRE, Inc. has been retained as the agent in the sale of an 18,000 sf Grocery Outlet building located at the intersection of American Legion Blvd & Interstate 84, Exit 95, on the main corridor into downtown Mountain Home, Idaho. The property is located adjacent to a Walmart Supercenter (with nearly 2.5 million visitors over the last 12 months and trending upwards) as well as a number of national brand fast food and hotel properties. Dutch Brother’s Coffee sits at the front of the Grocery Outlet parcel and shares ingress/egress access at the property’s first entrance. Additionally, the property sits directly in front of 157 acres of land that is intended to house the future Shoshone-Bannock casino resort. Grocery Outlet - Mountain Home provides the opportunity for an investor to acquire a 100% occupied building while achieving stable cash flow backed by a 15-year corporate triple net lease with multiple renewal options and a 10% jump in rent in less than 3 years.
Market Context
This retail in Mountain Home, ID is listed for sale at $6,480,000. Compare it against other retail listings for sale in Mountain Home, ID — view the full market.
Contact
- Joey Blatner · 503 221 4848 · joey.blatner@cbre.com
- Megan Wallachy · 503 221 4850 · megan.wallachy@cbre.com
- Matt Naumann · 208 695 3462 · matt.naumann@cbre.com
- Melanie Nielsen · 208 678 6290 · melanie.nielsen@cbre.com
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