Listed by TOK Commercial
$7,500,000
Income Producing Owner/User or Investment Opportunity
Details
Property Type Retail
Sub Type Grocery Store, Storefront
Square Footage 18,000
Cap Rate 5.50%
NOI $392,400
Tenancy Vacant
Year Built 2022
Acreage 2.630
Investment Type Owner/User
Retail | 5.50% CAP | 18,000 SqFt
Marketing description
20 Nearing Way in Smelterville, Idaho presents a rare freestanding retail investment or owner/user opportunity in the heart of the Silver Valley retail corridor. Formerly occupied by Grocery Outlet, the property offers an efficient 18,000 SF retail layout situated on 2.14 acres, designed to accommodate strong customer flow and a variety of retail or mixed commercial uses.
The building is well-equipped with both dock-high and grade-level loading doors, supporting flexible operations including retail, distribution, inventory management, or service-based users. An existing drive-thru coffee component further enhances customer convenience and site activation potential.
Strategically located with excellent visibility and direct access from I-90 at Exit 48, the property benefits from strong regional traffic and proximity to national retailers, making it a standout opportunity for investors or owner/users seeking a high-exposure location in a growing trade area.
High-visibility freestanding retail building situated at Exit 48 on I-90 within the Silver Valley retail corridor near Smelterville, ID.
Investment highlights
- Available for sale or lease, providing flexibility for both investors and owner-users seeking a strategic retail opportunity.
- Former Grocery Outlet featuring an efficient 18,000 SF retail layout on 2.14 acres designed to support high customer traffic and operational flow, with flexible demising potential for 2–3 spaces, including suites as small as 5,000 SF.
- Grocery Outlet has approximately 11.5 years remaining on its lease, providing long-term tenancy stability for the center. Jitterz features approximately 12.5 years remaining on its lease, offering additional long-term income security and consistent daily traffic generation.
- Site includes an existing drive-thru coffee component and offers strong potential for a future anchor tenant to drive additional customer traffic.
- Property includes both dock-high and grade-level loading doors, allowing flexibility for retail, distribution, inventory management, and service-oriented uses.
- Prime location with excellent visibility and direct access from I-90 at Exit 48, positioned within Silver Valley’s established regional retail corridor alongside national retailers.
Listing Contacts
Listed by TOK Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$392,400.00
$32,700.00/mo
Valuation Metrics
0
DSCR
5.23%
Cap Rate
5.23%
ROI
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