expo at post falls – retail

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  • 8/14/2019 EXPO at Post Falls Retail

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    EXPO Location

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    Surrounding Attractions

    11

    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.

    . .

    {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