expo at post falls – restaurant / fast food
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Primary ContactPaul Bielec, CCIM
EXPO at Post Falls Restaurant / Fast Food
Mike King, CCIM
Additional Contacts
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Dani Kramer, CCIM208.262.4848 (m)[email protected]
ContactPhone: (208) 714-4488Fax: (866) 348-1031
Restaurant/FastFoodDevelopmentRestaurants locating to EXPO benefit from the lower
2000 Northwest Blvd.Coeur d'Alene, ID 83814
Webwww.expopostfalls.com
Demographics 1 Mile 3 Mile 5 Mile
cos o us ness n a o. n a on, sconveniently located for quick access from bothWashington and Idaho.
Population 2,085 12,806 35,376
Average HouseholdIncome
$41,649 $56,221 $59,874
Median Household $32,592 $40,683 $44,413
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EXPO Location
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Surrounding Attractions
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10
12
1
8
3
9
2
7
46
50mileradius1 SpokaneInternationalAirport
NorthernQuestCasino2
Spokane,WARiverfrontParkNordstrom's
RiverParkSquare&Northtown MallSpokaneConventionCenter
6 SilverMountainSkiResort7 Cabelas
8 CoeurdAleneGolf&SpaResort9 SpokaneMountainSkiResort
3 SpokaneValley,WA 10 verwoo eme ar
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In the past decade, Post Falls has seen numerous businesses locate to the businessfriendly town. Notable companies include:
About Post Falls, ID
Flexcel, Inc., a major furniture manufacturer that relocated to north Idaho and employsa workforce of 440.
Center Partners, a call center business (employing a workforce of 300)
Buck Knives who brought their manufacturing headquarters (workforce of 250) to thecity.
Sysco Food Services opened a regional distribution plant during 2005. Biopol, a high tech medical research firm located to Post Falls in 2007. They willresearch and create allergy vaccines in the Riverbend Commerce Park.
Cabelas opened in 2007. Another 800,000 sq. ft. of additional retail space and morethan 4,000 jobs expected at full build out of the Pointe at Post Falls, Expo at Post Fallsand other adjacent properties.
Super Wal-Mart is expected to open in 2009.
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Retail Leakage Analysis
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Household Growth
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Total Population by Census Block Group
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EXPO Retail, Multi-Family, IndustrialPleasant View Rd.
I-90/Highway 53 Connection Commerce Park Light Industrial Lots Beck/Seltice Commercial (7.37 Acres) Proposed Multi-Family Site (17 Acres, 442 Units) Woodbridge Community (270 Single Family Homes)
- Cabelas- Planned Super Wal-Mart- Planned Lowes
I-90 Exit 2Pleasant View Rd. Interchange
46 000+ CPD 2006Future Beck Rd. Interchange2010 Estimated Com letion
Riverbend Commerce Park
Spokane River
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L1
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I-90 Pleasant View Rd. Interchange(46,000+ CPD 2006)
East View Coeur dAlene, ID
Commerce Park
EXPO Retail/Commercial/Industrial/Multi-Family
WoodbridgeCommunity
270 SFHFuture Beck Rd. Interchange
Approved Wal-Mart Superstore
Seltice/Beck 7.37 Acres
Idaho BorderProperty 7.62 Acres
Idaho-Washington Border
Border Triangle Property0.38 Acres
Washington BorderProperty 5.41 Acres
Stateline I-90 Interchange
Note: Outlines are approximate. Use record of survey for exact measurements.
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L2
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West View
Spokane, WA
Stateline I-90 Interchange
Washington-Idaho Border
Border Triangle Property0.38 Acres
Washington BorderProperty 5.41 Acres
I-90 Pleasant View Rd. Interchange(46,000+ CPD 2006)
Idaho Border
Property 7.62 Acres
Note: Outlines are approximate. Use record of survey for exact measurements.
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L3
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Conceptual Site Plan
eta , u t - am y, n ustr a Commerce Park Light Industrial Lots
Beck/Seltice Commercial (7.37 Acres) Proposed Multi-Family Site (17 Acres, 442 Units) Woodbrid e Communit 270 Sin le Famil Homes
.I-90/Highway 53 Connection
Pointe at Post Falls- Existing Cabelas- Approved Super Wal-Mart- Planned Lowes
I-90 Exit 2Pleasant View Rd. Interchange
(46,000+ CPD 2006)Border Property
Future Beck Rd. Interchange
2010 Estimated Completion
Riverbend Commerce Park
Note: Outlines are approximate. Use record of survey for exact measurements.
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L4
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Conceptual Site Plan
eta , u t - am y, n ustr a Commerce Park Light Industrial Lots
Beck/Seltice Commercial (7.37 Acres) Proposed Multi-Family Site (17 Acres, 442 Units) Woodbrid e Communit 270 Sin le Famil Homes
.I-90/Highway 53 Connection
Pointe at Post Falls- Existing Cabelas- Planned Super Wal-Mart- Planned Lowes
I-90 Exit 2Pleasant View Rd. Interchange
(46,000+ CPD 2006)Border Property
Future Beck Rd. Interchange
2010 Estimated Completion
Riverbend Commerce Park
Note: Outlines are approximate. Use record of survey for exact measurements.
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L5
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EXPO Retail, Multi-Family, Industrial Commerce Park Light Industrial Lots
Conceptual Site Plan
Beck/Seltice Commercial (7.37 Acres) Proposed Multi-Family Site (17 Acres, 442 Units) Woodbridge Community (270 Single Family Homes)
To Planned Beck Rd. I-90 Interchange
Woodbridge Community
(270 Single Family Homes)
Commerce Park
Light Industrial
NAP
Lots 0.43 10 Acres
Site Available
Planned Taco Bell
Planned Loves Travel Center
e as a on
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L6
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10 Minute Drive Time- S okane Valle Coeur dAlene 20 Minute Drive Time
- Hayden, Spokane 30 Minute Drive Time- Spokane International Airport
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L10
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State Sales, Gasoline, Cigarette, and Alcohol Taxes
As of January 1, 2008
State
{a,b}
(PerGallon){c} (PerPack) (PerGallon){d} (PerGallon) (PerGallon)
Post Falls, Idaho 6% $0.25 $0.57 $9.24 $0.45 $0.15
Spokane, Washington 8.6% $0.36 $2.025 $19.43 $0.87 $0.26
Idaho Advantage 43.33% 44.00% 255.26% 110.28% 93.33% 73.33%
{a} Similar to sales taxes are gross receipts taxes (GRTs). GRTs are collected at the firm level instead of at retail, and apply to a
broad range of intermediate goods, unlike sales taxes which in theory apply only to end products. Some states only have a GRT,.
{b} Washington has a GRT in addition to its 6.5% sales tax. It is called the business and occupation tax and is levied at variousrates. The major rates are 0.471% for retail sales, 0.484% for wholesale and manufacturing, and 1.5% for service and otheractivities.
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{d} States where the state government controls all sales. The implied excise tax rate is calculated using methodology designed bythe Distilled Spirits Council of the United States (DISCUS).
Sources: American Petroleum Institute, state revenue departments, Distilled Spirits Council of the U.S., Sand Tax Foundation.
www.commercial1031group.comDataisdeemedreliable,nowarrantiesorrepresentationsexpressedorimplied. Brokernotresponsibleforchanges,errors,omissions,orpriorsalewithoutnotice.
www.expopostfalls.com
Watson Commercial Properties
L11