NNN Grocery Investment
For Sale
$6,480,000
155 NE City Vw Dr, Mountain Home, ID 83647
Under-construction NNN grocery property leased to Grocery Outlet with a 15-year primary term and 10% rent increases.
Property Size18,000 SF
Lot Size2.61 Acres
Price / SF$360
Days on Market146
Property Features for 155 NE City Vw Dr
General Information
Standard status
Active
Size
18,000 SF
Lot size
2.61 Acres
Property subtype
Grocery Store
Zoning
City-of-Mountain-Home-Commercial
Lease Type
NNN
Additional Details
Cap Rate
5%
Amenities
Corporate-guaranteed NNN lease with 10.34 years remaining, 10% rent increases every five years, minimal landlord responsibilities, and a transferable 20-year roof warranty (2021).
Only discount grocer in the immediate trade area, Grocery Outlet serves as a primary shopping destination, supporting strong tenant performance and long-term stability.
Adjacent to the proposed Shoshone-Bannock Tribes destination resort and casino, the property is positioned to benefit from increased employment, tourism, and retail demand.
Just off Interstate 84 near Mountain Home Air Force Base, the property offers excellent visibility, multiple access points, prominent signage, ample parking, and surrounding national retailers.
Building Details
Building Size
18,000 SF
Year Built
2021
Tenancy
Single
Listed By:
Eric Garske · License #License(s): OR: 201235586, ID: SP57407
(503) 200-2031
Source:
Marcusmillichap
Added: Apr 12
Changed: Sep 3
Last Checked: Sep 2 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eric Garske
Investment Insights
Based on property information with market context.
An under-construction NNN grocery property scheduled to open in December 2021. The building is 18,000 SF on a 2.614-acre lot, offered as a single-tenant lease structure with NNN terms.
The lease is with Grocery Outlet Holding Corp., featuring a 15-year primary term with 10% rental increases. Renewal options include three to five-year options. The property is identified under zoning of City-of-Mountain-Home-Commercial.
The lease is with Grocery Outlet Holding Corp., featuring a 15-year primary term with 10% rental increases. Renewal options include three to five-year options. The property is identified under zoning of City-of-Mountain-Home-Commercial.
Key Highlights
- Under construction NNN grocery property leased to Grocery Outlet Holding Corp.
- 18,000 SF building on a 2.614‑acre lot in City of Mountain Home commercial zoning.
- 15‑year primary lease term with 10% rental increases.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83647, ID
22,592
Population
9,695
Households
2.3
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
1,504.5 sq mi
ZIP Area
15
Density / Sq Mi
$57,769
Median Household Income
$40,003
Median Earnings
$1,041
Median Rent
$283,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Under-construction NNN grocery property leased to Grocery Outlet with a 15-year primary term and 10% rent increases.
Where is this grocery and convenience store located?
The property is located at 155 NE City Vw Dr Mountain Home, ID.
What is the asking price?
The asking price for this property is $6,480,000.
What are key features of this property?
This property features: Under construction NNN grocery property leased to Grocery Outlet Holding Corp.; 18,000 SF building on a 2.614‑acre lot in City of Mountain Home commercial zoning.; 15‑year primary lease term with 10% rental increases.
