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2588 N Idaho 41
Post Falls, ID 83854
Grocery Outlet · Retail Property For Sale


Investment Highlights
- 15-year NNN lease to Grocery Outlet, with over 570 locations nationwide
- Corporate-backed lease by Grocery Outlet Inc., a publicly traded company (NASDAQ: “GO”), enhances investment security with a proven track record
- Grocery Outlet plans to open approximately 30–35 net new stores in 2026
- 10% rental increases every five (5) years in the initial term and four (4) option periods
- The company finished in 2025 with net sales of $4.69B
- Neighboring Bluegrass Farms Apartments (300 units) is expanding with another construction phase for an additional 250 units
Executive Summary
Prime Grocery Outlet Location: High-visibility and easily accessible location near the signalized intersection of N Highway 41 and W Poleline Ave (combined 35,000+ AADT — projected to double over the next 10 years due to population growth). N HIghway 41 & Interstate 90: Located along N Highway 41, which connects directly to Interstate 90 1.2 miles south of the property, allowing the site to capture significant commuter traffic (64,500 AADT). Strong Demographic Base: The five-mile radius serves a populous region of 100,326, with an average annual household income of $100,004 within three miles. Beneficial Proximity to New Medical Campus: This Grocery Outlet is located minutes from Prairie Medical Campus, a new multi-phase, 30-acre medical campus building on the strong foundation of Kootenai Health’s existing campusesin the region. Coeur Terre Community: Located less than two miles from the subject property, the Couer Terre master-planned community stands to serve as a built-in customer base with 2,800 residences. Within Walking Distance of High School: The site is within walking distance from Post Falls High School (home to nearly 1,600 students). Growing Market Dynamics: Projected population and income increases within 1-,3-, and 5-mile radii over the next five years poise this Grocery Outlet and Post Falls for steady concurrent growth
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
16,000 SF
Building Class
B
Year Built
2025
Price
$11,514,880 CAD
Price Per SF
$719.68 CAD
Cap Rate
5%
NOI
$575,744 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Lot Size
1.61 AC
Property Taxes
| Parcel Number | PL875003004A | Improvements Assessment | $0 CAD |
| Land Assessment | $971,194 CAD | Total Assessment | $971,194 CAD |
Property Taxes
Parcel Number
PL875003004A
Land Assessment
$971,194 CAD
Improvements Assessment
$0 CAD
Total Assessment
$971,194 CAD
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