STNL PetSmart
1880 Hurley Drive, Pocatello, ID
$5,770,000
Price
6%
Cap Rate
$346,500
NOI
Overview
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
Title | ||
---|---|---|
Offering Memorandum |