201 W Neider Ave - Freestanding FOR SALE


Coeur d'Alene, ID 83815
$8,890,400 USD
303-328-2050
201 W Neider Ave, Coeur d'Alene, ID for Sale
$8,890,400 USD
Freestanding - FOR SALE
1/8
null | 7.75% Cap Rate

201 W Neider Ave
Coeur d'Alene, ID 83815


HIGHLIGHTS

  • Strategically Located, with Exceptional Frontage, within a Primary Retail Node.
  • Long Term Lease with Avg Rental Increases of 7.5% Every 5 Years throughout the Initial Term and Options.
  • Tenant Exercised an Option Early Extending the Term to 2034 Demonstrating a Strong Commitment to the Location.
  • 2019 Complete Interior / Exterior Renovation.
  • Densely Populated Area: Features more than 91k People Residing within a 5-Mile Radius.
  • Adjacent to Tractor Supply and Safeway - Near Numerous other National Retailers including Costco, Natural Grocers, Fred Meyer, The Home Depot, etc

OVERVIEW

Idaho Broker of Record: Adam Lewis | 1144 15th St., Suite 2150 Denver, CO 80202 | P: (303) 328-2050 | Lic #: DB54599 Adam.Lewis@marcusmillichap.com

FOR SALE DETAILS

PRICE

$8,890,400 USD

PRICE/SF

$101 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT HOME | LONG TERM LEASE | LEASE EXTENSION

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

245

LAND DETAILS

LAND ACRES

5.35 AC

LAND SF

233,046 SF

ZONING

-

APN/PARCEL ID

CL068001002A

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

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