Shari's Restaurant (STNL)

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30329716
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad
Status: Pending
Building Size (RSF): 3,909 SF
Gross Land Area: 47,175 SF
Sale Price: $1,500,000
Unit Price: $383.73 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Shari's Cafe
Usable Size (USF): 3,909 SF
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Average Occupancy Rate: 100
Last Updated: 9/6/2018

Overview / Comments

Single tenant, net leased investment offering, new 10 year lease in place, tenant has been in occupancy since original construction.

Current Tenants

Tenant Business Name Shari's Cafe & Pies
Is Renting? Yes
Current Rent $24 PSF (Annual)

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Taxing Authority: Kootenai
Tax ID/APN: C01550010010
Zoning: C17
Property Visibility: Excellent
Largest Nearby Street: Highway 95 North
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,909 SF
Property Condition: Good
Year Built: 1995
Parking Type: Surface
Zoning Description: C-17 (commercial), City of Coeur d'Alene
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,456 45,632 69,208
Median Age: 35.13 36.59 38.51
Households: 5,150 18,859 28,097


Photograph of Listing Agent

Chris Schreiber, CCIM

Kiemle Hagood NWCRE Member
Photograph of Listing Agent

Pat S Eberlin

Kiemle Hagood NWCRE Member
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