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Shopping Regional

Auction | Rite Aid & Big Lots Shopping Center | Lewiston Center Mall

1810 19th Ave, Lewiston, ID 83501

Listing Price: $1,250,000

Gross SF
203,538
Rentable SF
203,538
Price/Gross SF
$6.14
Lot Size
17.53 acres
Year Built
1965

Investment Overview

Marcus & Millichap’s Brown Retail Group and Commercial Property Auction Services have been selected to bring to auction Lewiston Center Mall, a significant value-add shopping center located in Lewiston, ID. The Property offers an investor significant upside through leasing the vacant spaces at market rents and potential re-sale of the US Bank pad. The Property is shadow anchored by a successful Winco Foods grocery store that saw over 1.1 million customers in 2022 (per Placer.ai), driving consistent traffic to the Property. Despite vacancies, the Property is anchored by strong tenants such as Big Lots and Rite Aid which are both top performing locations in Idaho (per Placer.ai). The Property features over 28 acres of land providing for long term development potential as well as potential pad site development (Buyer to verify). The Property benefits from being centrally located in Lewiston’s retail corridor, adjacent to Thain Grade (24,000+ VPD) and surrounded by large national tenants such as The Home Depot, Dollar Tree, Sportsman’s Warehouse, Petco, TJ Maxx, and more. Lewiston Center Mall boasts over 980 feet of frontage on 19th Ave with excellent ingress and egress across multiple access points.

Investment Highlights

  • SIGNIFICANT VALUE-ADD OPPORTUNITY
  • WINCO FOODS SHADOW ANCHORED CENTER
  • STRONG ANCHOR TENANTS
  • BIG BOX LEASING MOMENTUM
  • STRONG HISTORICAL OCCUPANCY
  • #2 BANK BRANCH IN REGION
  • PARCEL SELL-OFF AVAILABILITY
  • LARGE 17.53 ACRE LOT

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Financing By

Shopping Regional

Auction | Rite Aid & Big Lots Shopping Center | Lewiston Center Mall

Listing Price: $1,250,000

Gross SF
203,538
Rentable SF
203,538
Price/Gross SF
$6.14
Lot Size
17.53 acres
Year Built
1965

Investment Highlights

  • SIGNIFICANT VALUE-ADD OPPORTUNITY
  • WINCO FOODS SHADOW ANCHORED CENTER
  • STRONG ANCHOR TENANTS
  • BIG BOX LEASING MOMENTUM
  • STRONG HISTORICAL OCCUPANCY
  • #2 BANK BRANCH IN REGION
  • PARCEL SELL-OFF AVAILABILITY
  • LARGE 17.53 ACRE LOT

Investment Overview

Marcus & Millichap’s Brown Retail Group and Commercial Property Auction Services have been selected to bring to auction Lewiston Center Mall, a significant value-add shopping center located in Lewiston, ID. The Property offers an investor significant upside through leasing the vacant spaces at market rents and potential re-sale of the US Bank pad. The Property is shadow anchored by a successful Winco Foods grocery store that saw over 1.1 million customers in 2022 (per Placer.ai), driving consistent traffic to the Property. Despite vacancies, the Property is anchored by strong tenants such as Big Lots and Rite Aid which are both top performing locations in Idaho (per Placer.ai). The Property features over 28 acres of land providing for long term development potential as well as potential pad site development (Buyer to verify). The Property benefits from being centrally located in Lewiston’s retail corridor, adjacent to Thain Grade (24,000+ VPD) and surrounded by large national tenants such as The Home Depot, Dollar Tree, Sportsman’s Warehouse, Petco, TJ Maxx, and more. Lewiston Center Mall boasts over 980 feet of frontage on 19th Ave with excellent ingress and egress across multiple access points.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

Financing By

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