Shari's Cafe & Pies | 121 Warbonnet Dr
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Shari's Cafe & Pies 121 Warbonnet Dr
4,950 SF Retail Building Moscow, ID 83843 $1,250,000 ($253/SF)
EXECUTIVE SUMMARY
Nearby National Retailers – Strategically positioned adjacent to a Walmart Supercenter, driving traffic in the area and increasing exposure to the site. The asset neighbors the Palouse Mall which has over 60 businesses and serves as a retail and dining hub for the diverse population in this region.
New Development – Home Depot is finishing construction of a ±137,000 square foot store on University of Idaho’s land behind Palouse Mall. Home Depot is leasing the ground for 20 years and paying $300,000 annually in rent. This development on Farm Road is within ±0.5 mile of the subject property and is the only Home Depot in a ±35 mile radius, positively impacting visibility for the subject property.
Well Established Retail Corridor – Surrounded by a plethora of national credit tenants such as Walmart, Home Depot, Applebee’s, Target, Starbucks, Marshalls, Buffalo Wild Wings, McDonald’s, O’Reilly Auto Parts, AutoZone, Arby’s, Wendy’s, and more. This is an ideal location for a successful business investment.
High Visibility – The site is located off Pullman Road, seeing over ±24,000 vehicles per day which allows for easy access to the facility from the surrounding communities. Pullman Road serves as the main access point to the town of Moscow from the West.
Moscow Market – The subject property is located within a mile of the University of Idaho with a student population of 11,506 and 2,223 full-time employees. According to U.S. News & World Report ranking, the University of Idaho is the Best Value Public School in the West for three years running between 2021-2023. The Fall 2022 Freshman Class was the largest in recorded history with an increase of 17.8% year over year.
Proximity to Pullman, WA – Pullman is located ±6 miles from the subject property and is home to Washington State University which has a total enrollment of 26,490 students. Furthermore, the Pullman-Moscow Regional Airport is located here with direct flights to Seattle, Boise, and more. The future owner will benefit from exposure to two University populations and a regional airport within a 10-minute drive of the property.
Broker of Record
Kyle Matthews
License No. CO56879 (ID)
New Development – Home Depot is finishing construction of a ±137,000 square foot store on University of Idaho’s land behind Palouse Mall. Home Depot is leasing the ground for 20 years and paying $300,000 annually in rent. This development on Farm Road is within ±0.5 mile of the subject property and is the only Home Depot in a ±35 mile radius, positively impacting visibility for the subject property.
Well Established Retail Corridor – Surrounded by a plethora of national credit tenants such as Walmart, Home Depot, Applebee’s, Target, Starbucks, Marshalls, Buffalo Wild Wings, McDonald’s, O’Reilly Auto Parts, AutoZone, Arby’s, Wendy’s, and more. This is an ideal location for a successful business investment.
High Visibility – The site is located off Pullman Road, seeing over ±24,000 vehicles per day which allows for easy access to the facility from the surrounding communities. Pullman Road serves as the main access point to the town of Moscow from the West.
Moscow Market – The subject property is located within a mile of the University of Idaho with a student population of 11,506 and 2,223 full-time employees. According to U.S. News & World Report ranking, the University of Idaho is the Best Value Public School in the West for three years running between 2021-2023. The Fall 2022 Freshman Class was the largest in recorded history with an increase of 17.8% year over year.
Proximity to Pullman, WA – Pullman is located ±6 miles from the subject property and is home to Washington State University which has a total enrollment of 26,490 students. Furthermore, the Pullman-Moscow Regional Airport is located here with direct flights to Seattle, Boise, and more. The future owner will benefit from exposure to two University populations and a regional airport within a 10-minute drive of the property.
Broker of Record
Kyle Matthews
License No. CO56879 (ID)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,950 SF
Building Class
C
Year Built
2008
Price
$1,250,000
Price Per SF
$253
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.94 AC
Opportunity Zone
Yes
Zoning
C, Latah
Parking
23 Spaces (4.65 Spaces per 1,000 SF Leased)
Frontage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 4,950 SF
- Restaurant
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,950 SF | Restaurant | - | Now |
1st Floor
| Size |
| 4,950 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | RPM03950020040A | Improvements Assessment | $857,500 |
| Land Assessment | $445,300 | Total Assessment | $1,302,800 |
PROPERTY TAXES
Parcel Number
RPM03950020040A
Land Assessment
$445,300
Improvements Assessment
$857,500
Total Assessment
$1,302,800
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Shari's Cafe & Pies | 121 Warbonnet Dr
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