STNL PetSmart

1880 Hurley Drive, Pocatello, ID

$5,770,000

Price

6%

Cap Rate

$346,500

NOI

Overview
Cap Rate
6%
NOI
$346,500
Building Size
18,000 sqft
Lot Area
1.98 acres
Occupancy
100%
Lease Type
Triple Net
Year Built
2017
Zoning
Commercial
Tenancy
Single
Description

Colliers is pleased to exclusively offer for sale a single tenant, net-leased PetSmart located in Pocatello, Idaho. The property is adjacent to Dick’s Sporting Goods and is located within Pocatello Square, a ±244,120 SF regional grocery anchored power center that benefits from excellent tenant synergy and offers a dynamic cross shopping experience with ample parking.

The asset consists of an ±18,000 SF building that is located just off of I-86 and Yellowstone Ave. (±24,893 VPD) with frontage to Hurley Drive (±8,253 VPD). With excellent access, signage, and freeway visibility, the property is surrounded by well-recognized national co-tenants such as Walmart, Lowe’s, Dick’s Sporting Goods, Hobby Lobby, Texas Roadhouse, Ross, Ashley Furniture, and a future Grocery Outlet and Maurice’s.

The Pocatello/Chubbuck trade area offers world-class outdoor recreation, countless dining options, amazing entertainment and hundreds of lodging options. The city has been recognized by Forbes Magazine as a “Best Small Place for Business” and ranked 2nd on their Cost of Doing Business index. The subject property services ±83,471 residents, with an average annual household income of ±$74,495 within a 10-mile radius and is located in one of the most vital shopping and business districts in the region.

Don Zebe
Colliers International
License #SP28074

Highlights
  • High-Credit Tenant
  • PetSmart is the Nation's Largest Pet Store Chain
  • High-Growth Trade Area with Affluent Demographics
  • High-Traffic with Excellent Visibility and Access
  • Grocery Anchored Retail Center with Notable Co-Tenants
Documents

Location
Gallery