2588 N Highway 41
Post Falls ID 83854
2588 N Highway 41
2588 N Highway 41 Post Falls ID 83854
Listing #: 714481 | Status: Available | Last Modified: 7/8/2026 |
For Sale
- Phone:(208) 947-0817
- Email:mark.schlag@cbre.com
- Office Name:CBRE Boise
- Office Phone:(208) 644-8000
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 7,704,000.0
- $/SF$ 481.5
- Listing StatusAvailable
- Days on Market16
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.40 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF16000
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF69562
- Acres1.6
- Property TypeRetail
- Office Type
- Building Class
- CountyKootenai
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaNot Assigned
- Tax ID #
- Additional Parcels
- ZoningCCS
- Year Built2025
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Grocery Outlet
?Grocery Outlet (NASDAQ: GO) is the nation’s largest extreme value grocery retailer with over 560 locations in 16 states and $4.69 Billion in net sales (FY 2025).? ?The corporate backed lease structure is triple net (NNN*), with minimal landlord responsibilities.? ?There are over thirteen (13.7) years remaining on the lease term, plus four (4), five (5) year options.? ?The lease provides for 10% rental increases every five (5) years.? ?The site features new 2025 construction and Grocery Outlet’s newest store prototype.? ?Grocery Outlet anchors a retail center with other national tenants including 7-Eleven and McDonald’s, and other national retailers to be announced shortly.? ?The subject property is adjacent to the Bluegrass Farms Apartments, a luxury apartment complex with over 300 units, implying a built-in customer base.? ?There are 101,529 residents located in the five (5) mile demographic ring.? ?N Highway 41 and W Poleline Ave reports combined traffic counts of 35,500 cars per day.? ?Post Falls ranked 70th among the top 100 fastest-growing U.?S.? cities from 2020 to 2024, with 18.6% population growth.? ?Population in Post Falls is projected to double by 2045, which would make it the largest city in North Idaho, surpassing Coeur d’Alene.? ?Post Falls is located 16 minutes from Coeur d’Alene, ID and 30 minutes from Spokane, WA.? ?Kootenai Health and MultiCare recently announced plans to develop a new 30-acre Prairie Medical Campus on the Highway 41 corridor, less than 1 mile away from the subject property.? ?Coeur Terre is a 4,500-unit residential and commercial master-planned community located between Coeur d’Alene and Post Falls.? Couer Terre is located just 3 miles (5 minutes) away from the subject property.?










