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Single Tenant NNN Leased Investment - GO 2175 S Sub Station Rd 16,000 SF 4-Star Retail Building Emmett, ID 83617 $9,060,790 CAD ($566.30 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- JUST LISTED - NEW GROCERY OUTLET
- AT THE BLACK CANYON VILLAGE
- 10% BUMPS
- 15 YEAR NNN LEASED INVESTMENT
- 4 - 5 YEAR OPTIONS
- OPENED APRIL 24TH
EXECUTIVE SUMMARY
JUST LISTED - NEW GROCERY OUTLET -- 15 YEAR NNN LEASED INVESTMENT AT THE BLACK CANYON VILLAGE --
Summit Commercial Real Estate Group has been retained as the exclusive agent in the sale of a 16,000 square foot freestanding single tenant Grocery Outlet at the Black Canyon Village. Construction of the building was recently completed with a grand opening on April 24th, the tenant is now open and operating. The property is located in a growing City in the State of Idaho. The five-year projection for the population in the area is 17,200 representing a change of 1.38% annually from 2024 to 2029. The five-year projection of households is 6,468, a change of 1.16% annually from the current year total. This property is on Highway 16 which now provides direct access to Interstate 84, & it benefits from unobstructed visibility. Located in a rural Idaho community and surrounded by a 15 minute drive time population of 24,646 - 8,885 households - $75,544 median household income - $107,465 average household income (2024). Current traffic counts exceed 12,000 cars per day on Highway 16 and it is the primary thoroughfare leading into Emmett. Surrounding tenants include Starbucks - New - Opening Soon, Albertsons, Sonic, & Papa Murphy’s. Access to the property is simplified by its multiple curb-cuts and cross-access from the neighboring developments. This building is in growing development corridor - current surrounding retailers, restaurants, and business include 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, Domino’s Pizza, Ranger District. Contact agents for additional information.
Summit Commercial Real Estate Group has been retained as the exclusive agent in the sale of a 16,000 square foot freestanding single tenant Grocery Outlet at the Black Canyon Village. Construction of the building was recently completed with a grand opening on April 24th, the tenant is now open and operating. The property is located in a growing City in the State of Idaho. The five-year projection for the population in the area is 17,200 representing a change of 1.38% annually from 2024 to 2029. The five-year projection of households is 6,468, a change of 1.16% annually from the current year total. This property is on Highway 16 which now provides direct access to Interstate 84, & it benefits from unobstructed visibility. Located in a rural Idaho community and surrounded by a 15 minute drive time population of 24,646 - 8,885 households - $75,544 median household income - $107,465 average household income (2024). Current traffic counts exceed 12,000 cars per day on Highway 16 and it is the primary thoroughfare leading into Emmett. Surrounding tenants include Starbucks - New - Opening Soon, Albertsons, Sonic, & Papa Murphy’s. Access to the property is simplified by its multiple curb-cuts and cross-access from the neighboring developments. This building is in growing development corridor - current surrounding retailers, restaurants, and business include 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, Domino’s Pizza, Ranger District. Contact agents for additional information.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
16,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$9,060,790 CAD
Price Per SF
$566.30 CAD
Cap Rate
5.50%
NOI
$498,343 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.09 AC
Zoning
C1 - Commercial
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Grocery Outlet
- Retailer
- 16,000 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Grocery Outlet | Retailer | 16,000 SF | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | RPC9300B010040 | Improvements Assessment | $0 CAD |
| Land Assessment | $322,833 CAD | Total Assessment | $322,833 CAD |
PROPERTY TAXES
Parcel Number
RPC9300B010040
Land Assessment
$322,833 CAD
Improvements Assessment
$0 CAD
Total Assessment
$322,833 CAD
CONTACTS
-
Andrea Nilson -
LeAnn Hume CCIM, CLS, CRRP -
Julie Kissler -
Summit Commercial Real Estate Group
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Single Tenant NNN Leased Investment - GO | 2175 S Sub Station Rd
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