?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.?