Overview
Freestanding Grocery Outlet Investment Property
This 16,000 square foot, single-tenant, freestanding Grocery Outlet is located at the Black Canyon Village in Emmett, Idaho. Construction was recently completed, and the tenant is open and operating since April 24th. Situated in a growing city, the property benefits from unobstructed visibility on Highway 16, which provides direct access to Interstate 84. The location is within a 15-minute drive of a population of 24,646, with 8,885 households, a median household income of $75,544, and an average household income of $107,465 (2024). Traffic counts exceed 12,000 cars per day on Highway 16, the primary thoroughfare into Emmett. The property is located in a growing development corridor with multiple curb-cuts and cross-access from neighboring developments. Surrounding retailers, restaurants, and businesses include Albertsons, Sonic, Papa Murphy’s, Bi-Mart, D&B Supply, Tractor Supply, Subway, Dollar Tree, Maverik, Walgreens, Chevron, Elements, Stinker Store, McDonald’s, Taco Bell, Arctic Circle, T-Mobile, Happy Teriyaki, Jacksons, Peak Fitness, Pizza Factory, and Domino’s Pizza. A new Starbucks is opening soon nearby. The five-year population projection for the area is 17,200, representing an annual change of 1.38% from 2024 to 2029. The five-year projection of households is 6,468, a change of 1.16% annually from the current year total.
