Single Tenant Net-Leased Starbucks on Walmart Outparcel

Investment Overview

New 2026 Construction | Corporate Starbucks NNN Investment This newly constructed 2,316 SF freestanding Starbucks in Blackfoot, Idaho, offers an attractive investment opportunity with a new 10-year corporate NNN lease extending through April 2036. The property is 100% occupied by Starbucks, providing investors with long-term contractual income and limited landlord responsibilities, which are restricted to the roof and structure. The lease includes 10% rent increases every five years, along with four additional five-year renewal options, providing built-in contractual rent growth and potential for long-term tenancy. Situated on a 0.99-acre outparcel to Walmart, the property benefits from a high-traffic retail environment with Walmart generating approximately 2.4 million annual visits and ±200,000 monthly visits. The property offers immediate access to I-15, located approximately 0.3 miles from Exit 93, with frontage along Bergener Boulevard and exposure to approximately 18,500 vehicles per day. The surrounding retail node includes a strong concentration of national retailers, restaurants, and service businesses, reinforcing the location as a primary commercial destination in Blackfoot. Convenient regional access to Idaho Falls and Pocatello/Chubbuck further enhances the property's location and long-term investment appeal.

Investment Highlights

• NEW 10-YEAR CORPORATE STARBUCKS LEASE – 100% occupied by Starbucks under a corporate NNN lease extending through April 2036, providing investors with long-term contractual income.
• BUILT-IN RENTAL GROWTH – lease includes 10% rent increases every five years, plus four additional five-year renewal options, providing contractual income growth and potential long-term tenancy.
• NEW 2026 CONSTRUCTION | LIMITED LANDLORD RESPONSIBILITIES – newly constructed 2,316 SF freestanding retail building on 0.99 acres, with landlord responsibilities limited to the roof and structure.
• HIGH-TRAFFIC WALMART SHADOW ANCHOR – positioned on an outparcel to a Walmart generating approximately 2.4 million annual visits and ±200,000 monthly visits, ranking among the top 20 Walmart locations in Idaho by annual visits.
• IMMEDIATE I-15 CONNECTIVITY – located just 0.3 miles/two minutes from I-15 Exit 93, with frontage along Bergener Boulevard and exposure to approximately 18,500 vehicles per day.
• ESTABLISHED BLACKFOOT RETAIL NODE – surrounded by a concentration of national retailers, restaurants and service businesses within Blackfoot's primary commercial area, with convenient access to both Idaho Falls and Pocatello/Chubbuck.