Investment Overview

Grocery Outlet in Mountain Home, Idaho presents the opportunity to acquire a newly constructed, 18,000-square-foot grocery property situated on a 2.61-acre parcel and secured by a corporate-guaranteed Triple Net (NNN) lease with minimal landlord responsibilities. Built in 2022, the asset offers approximately 10.34 years of remaining lease term, 10% rental increases every five years (with the next increase scheduled for December), and three (3), five (5)-year renewal options. The property also benefits from a transferable 20-year roof warranty issued in 2021, further reducing future capital expenditure risk. As the only discount grocery store in the immediate trade area, Grocery Outlet maintains a strong competitive position and serves as a key retail destination for the surrounding community. The property is adjacent to more than 500,000 square feet of land proposed for the Shoshone-Bannock Tribes’ destination resort and casino, one of the largest proposed economic development projects in the Mountain Home area. Positioned within the city’s primary retail corridor alongside Walmart, Dutch Bros, Taco Bell, McDonald’s, and a new Auto Spa, the property offers excellent visibility, multiple points of ingress and egress, ample parking, and convenient access to Interstate 84 and Mountain Home Air Force Base, making it an attractive long-term net lease investment.