2356-2416 N Old Mill Loop
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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.
• 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
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
PROPERTY TAXES
Parcel Number | CK0530010010 | Improvements Assessment | $6,821,548 |
Land Assessment | $3,361,534 | Total Assessment | $10,183,082 |
PROPERTY TAXES
Parcel Number
CK0530010010
Land Assessment
$3,361,534
Improvements Assessment
$6,821,548
Total Assessment
$10,183,082
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2356-2416 N Old Mill Loop
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