121 Warbonnet Dr - Restaurant FOR SALE


Moscow, ID 83843- Latah
$1,250,000 USD
866-889-0550
121 Warbonnet Dr, Moscow, ID for Sale
$1,250,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

121 Warbonnet Dr
Moscow, ID 83843
Latah


OVERVIEW

Nearby National Retailers – Strategically positioned adjacent to a Walmart Supercenter, driving traffic in the area and increasing exposure to the site. The asset neighbors the Palouse Mall which has over 60 businesses and serves as a retail and dining hub for the diverse population in this region. New Development – Home Depot is finishing construction of a ±137,000 square foot store on University of Idaho’s land behind Palouse Mall. Home Depot is leasing the ground for 20 years and paying $300,000 annually in rent. This development on Farm Road is within ±0.5 mile of the subject property and is the only Home Depot in a ±35 mile radius, positively impacting visibility for the subject property. Well Established Retail Corridor – Surrounded by a plethora of national credit tenants such as Walmart, Home Depot, Applebee’s, Target, Starbucks, Marshalls, Buffalo Wild Wings, McDonald’s, O’Reilly Auto Parts, AutoZone, Arby’s, Wendy’s, and more. This is an ideal location for a successful business investment. High Visibility – The site is located off Pullman Road, seeing over ±24,000 vehicles per day which allows for easy access to the facility from the surrounding communities. Pullman Road serves as the main access point to the town of Moscow from the West. Moscow Market – The subject property is located within a mile of the University of Idaho with a student population of 11,506 and 2,223 full-time employees. According to U.S. News & World Report ranking, the University of Idaho is the Best Value Public School in the West for three years running between 2021-2023. The Fall 2022 Freshman Class was the largest in recorded history with an increase of 17.8% year over year. Proximity to Pullman, WA – Pullman is located ±6 miles from the subject property and is home to Washington State University which has a total enrollment of 26,490 students. Furthermore, the Pullman-Moscow Regional Airport is located here with direct flights to Seattle, Boise, and more. The future owner will benefit from exposure to two University populations and a regional airport within a 10-minute drive of the property. Broker of Record Kyle Matthews License No. CO56879 (ID)

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Shari's Cafe & Pies

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

C, Latah

APN/PARCEL ID

RPM03950020040A

ASK ABOUT THIS PROPERTY

Kyle MatthewsMatthews Real Estate Investment ServicesMore Info
866-889-0550

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Kyle MatthewsMatthews Real Estate Investment ServicesMore Info
866-889-0550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.