Grocery Outlet NNN Retail
2588 N Highway 41 Post Falls, ID 83854
2588 N Highway 41, Post Falls, ID, 83854
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For Sale
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Grocery Outlet property with a corporate-backed NNN lease and new 2025 construction in a retail center setting.
Days on Market34
Property Features for 2588 N Highway 41
General Information
- Standard status
- Active
- Property subtype
- RETAIL
Listing agency
CBRE Boise
(208) 947-0817
Listed by
Mark Schlag
Source
Moodyscre
Added: Jun 18 Updated: Jul 21 at 3:22AM Checked: Jul 21 at 3:22AM
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 CBRE Boise
Investment Insights
Based on property information with market context.
This Grocery Outlet property is offered as a corporate-backed triple net (NNN) investment. The lease has approximately 13.7 years remaining and includes four 5-year options. The lease structure provides for 10% rental increases every five years. The site features new 2025 construction and Grocery Outlet’s newest store prototype.
The retail center is anchored by Grocery Outlet, with other national tenants including 7-Eleven and McDonald’s. The property is adjacent to Bluegrass Farms Apartments, which has over 300 units. Highway 41 and W Poleline Ave report combined traffic counts of 35,500 cars per day.
The demographic and growth profile described in the materials includes 101,529 residents within a five-mile ring. The listing also notes nearby development activity, including plans for a new 30-acre Prairie Medical Campus on the Highway 41 corridor less than one mile away, and the Coeur Terre master-planned community located about three miles away.
The retail center is anchored by Grocery Outlet, with other national tenants including 7-Eleven and McDonald’s. The property is adjacent to Bluegrass Farms Apartments, which has over 300 units. Highway 41 and W Poleline Ave report combined traffic counts of 35,500 cars per day.
The demographic and growth profile described in the materials includes 101,529 residents within a five-mile ring. The listing also notes nearby development activity, including plans for a new 30-acre Prairie Medical Campus on the Highway 41 corridor less than one mile away, and the Coeur Terre master-planned community located about three miles away.
Key Highlights
- Grocery Outlet (NASDAQ: GO) corporate‑backed triple‑net (NNN) lease structure with minimal landlord responsibilities
- Over 13.7 years remaining on the lease term plus four (4) 5‑year options
- Lease includes 10% rental increases every 5 years
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Grocery Outlet property with a corporate-backed NNN lease and new 2025 construction in a retail center setting.
Where is this grocery and convenience store located?
The property is located at 2588 N Highway 41 Post Falls, ID.
What is the asking price?
The asking price for this property is $7,704,000.
What are key features of this property?
This property features: Grocery Outlet (NASDAQ: GO) corporate‑backed triple‑net (NNN) lease structure with minimal landlord responsibilities; Over 13.7 years remaining on the lease term plus four (4) 5‑year options; Lease includes 10% rental increases every 5 years
