Property in Unknown, XX

Description

Corporate Guarantee | 13 Years Left on a 15 Year NNN Lease | 10% Rental Increases CBRE, Inc. has been retained as the agent in the sale of an 18,000 sf Grocery Outlet building located at the intersection of American Legion Blvd & Interstate 84, Exit 95, on the main corridor into downtown Mountain Home, Idaho. The property is located adjacent to a Walmart Supercenter (with nearly 2.5 million visitors over the last 12 months and trending upwards) as well as a number of national brand fast food and hotel properties. Dutch Brother’s Coffee sits at the front of the Grocery Outlet parcel and shares ingress/egress access at the property’s first entrance. Additionally, the property sits directly in front of 157 acres of land that is intended to house the future Shoshone-Bannock casino resort. Grocery Outlet - Mountain Home provides the opportunity for an investor to acquire a 100% occupied building while achieving stable cash flow backed by a 15-year corporate triple net lease with multiple renewal options and a 10% jump in rent in less than 3 years.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

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Financial Details