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2356-2416 N Old Mill Loop

81,532 SF 100% Leased 4-Star Retail Building Coeur d'Alene, ID 83814 $16,950,000 ($208/SF) 7.83% Cap Rate

Executive Summary

OFFERING HIGHLIGHTS: Go to www.RiverstoneSale.com to download OM
• Located in Coeur’ d’Alene, ID, one of the fastest growing cities in the nation. Coeur d’Alene is a four season resort town with a thriving economy.
• 81,532 SF 93% occupied retail property anchored by a Regal Cinema, Starbucks, and Azteca.
• 350 surface parking stalls plus a parking garage with 376 parking stalls.
• Strong residential base, with condos, multi-family units and additional residential development.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
81,532 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Price
$16,950,000
Price Per SF
$208
Cap Rate
7.83%
NOI
$1,327,929
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
12.53 AC
Parking
350 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
592 FT on N Old Mill Loop

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Starbucks
HOTWORX
Tesco
Dutch Bros
Red Robin Gourmet Burgers And Brews
Umpqua Bank
Anthony's
Albertsons
Huhot Mongolian Grills
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CK0530010010
Land Assessment
$3,361,534
Improvements Assessment
$6,821,548
Total Assessment
$10,183,082
  • Listing ID: 29577321

  • Date on Market: 9/21/2023

  • Last Updated:

  • Address: 2356-2416 N Old Mill Loop, Coeur d'Alene, ID 83814

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