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New Grocery Store
For Sale
$6,480,000

155 NE City Vw Dr, Mountain Home, ID 83647

Corporate-guaranteed NNN lease with limited landlord obligations and scheduled rental escalations.

Property Size18,000 SF
Lot Size2.61 Acres
Price / SF$360
Days on Market21

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
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

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 2022
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Portland
Listed By: Eric Garske · License #License(s): OR: 201235586, ID: SP57407
Source: Marcusmillichap
Added: Aug 3 Changed: Aug 23 Last Checked: Aug 22 at 11:40AM

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 Marcus & Millichap - Portland

Investment Insights

Based on property information with market context.

Built in 2022, this 18,000-square-foot grocery property occupies 2.61 acres at 155 NE City View Dr in Mountain Home, Idaho. The asset is leased on a corporate-guaranteed Triple Net basis, with approximately 10.34 years remaining and limited landlord responsibilities. Contractual rent increases occur at 10% every five years, with the next adjustment scheduled for December, and the lease includes three five-year renewal options.

A transferable 20-year roof warranty issued in 2021 supports long-term building maintenance planning. The property sits in Mountain Home’s primary retail corridor near Walmart, Dutch Bros, Taco Bell, McDonald’s, and a new Auto Spa. Multiple ingress and egress points, ample parking, and access to Interstate 84 and Mountain Home Air Force Base support the site’s regional retail function. More than 500,000 square feet of land proposed for a Shoshone-Bannock Tribes destination resort and casino is adjacent to the property.

Key Highlights

  • 18,000‑square‑foot grocery property on a 2.61‑acre parcel
  • Corporate‑guaranteed Triple Net lease with approximately 10.34 years remaining
  • 10% rental increases every five years; next increase scheduled for December

Property Analytics

Current Use

Grocery and convenience stores

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Corporate-guaranteed NNN lease with limited landlord obligations and scheduled rental escalations.
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: 18,000‑square‑foot grocery property on a 2.61‑acre parcel; Corporate‑guaranteed Triple Net lease with approximately 10.34 years remaining; 10% rental increases every five years; next increase scheduled for December
More about this property
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