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Coeur d’Alene · Kootenai County · North Idaho

North Idaho’s
Commercial Real Estate
Authority

Industrial, retail, office, and land across Coeur d’Alene, Post Falls, Hayden, and Rathdrum. Local market intelligence. National context. Expert guidance.

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12.93%
CDA Office Vacancy
CoStar
$17.65
Avg Office Rent / SF
CoStar
33
On-Market Properties
DealGround
185,000+
County Population
Census
+18.4%
Pop. Growth 5yr
Idaho CDHD
Currently On Market

Featured Properties

All Listings
Land For Sale
Signalized Corner Parcel in Rathdrum
Rathdrum, ID

Signalized Corner Parcel in Rathdrum

Land · 0.95 acres

$647,000 View Details →
Industrial For Lease
4516 W Grange Ave - Light Industrial Building
Post Falls, ID

4516 W Grange Ave – Light Industrial Building

Industrial · 4.78 acres · 3000 SF

$1.25/SF NNN View Details →
Retail, Office For Lease
Coeur d' Alene Midtown Building For Lease - 808 N 4th St
Coeur d’Alene, ID

Coeur d’ Alene Midtown Building For Lease – 808 N 4th St

Retail, Office · 0.07 acres · 2016 SF

$3,200 NNN View Details →
Coverage Area

Where We Work

Deep local knowledge across every major Kootenai County commercial corridor.

Coeur d’Alene

Office, retail, hospitality and mixed use along the city’s major commercial corridors.

Primary Market

Post Falls

I-90 industrial corridor, distribution centers, Seltice Way retail and flex space.

High Activity

Hayden

Government Way commercial strip, Hayden Avenue retail, industrial flex development.

Fast Growing

Rathdrum

Highway 53 commercial development corridor, C-2 land opportunities, industrial expansion.

Emerging

Spirit Lake and North

Highway 41 corridor, rural commercial, agricultural and industrial land opportunities.

Opportunity
Full Market Search

Explore Every On-Market Property in Kootenai County

Search the complete commercial inventory across industrial, retail, office and land, with assessed values, NOI and owner data.

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About Donnie Murrell

Local Insight. National Context.
Smart Guidance.

I’ve been in North Idaho’s commercial real estate market long enough to know where the deals are, and where they aren’t. I work with investors, business owners and developers across every commercial property type, from a 1,800 SF flex unit to a multi tenant retail center. I keep it straight and I know the numbers cold.

7Fold Realty Advisors is an affiliate of Berkshire Hathaway HomeServices Commercial. That means you get the resources of a national platform with someone who actually picks up the phone.

15+
Years in CRE
All
Property Types
$40M+
Transactions Closed

Read full About

Talk to Donnie

Call or Text208-758-7539
Emaildonnie@7foldrealty.com
Service AreaKootenai County, North Idaho

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CRE Intelligence

North Idaho Commercial Real Estate: What You Need to Know

Straight answers on the market, the metrics, and how commercial real estate works in Kootenai County.

What is the commercial real estate market like in Coeur d’Alene?
The Coeur d’Alene commercial market is active across all property types. Office vacancy sits at 12.93% with average asking rents around $17.65/SF annually (CoStar). Industrial demand is strong, driven by in migration and distribution growth along the I-90 corridor. Retail is performing well in established corridors like Appleway, Northwest Boulevard and Seltice Way.
What does NNN mean in a commercial lease?
NNN (triple net) means the tenant pays base rent plus the three nets: property taxes, building insurance and maintenance costs. It’s the most common lease structure for North Idaho retail and industrial properties. A $20/SF NNN lease on a 2,500 SF space means roughly $4,167/month base plus your share of operating expenses.
What commercial property types are available in Kootenai County?
The county has strong inventory across industrial (warehouse, flex, distribution), retail (strip centers, pads, restaurants), office (professional, medical, creative), land (C-1/C-2 commercial pads, development sites), and limited hospitality and special purpose properties.
What is a cap rate and why does it matter?
Cap rate is Net Operating Income divided by Purchase Price. A 6% cap rate on a $1M property means it generates $60,000 NOI annually. North Idaho cap rates vary by asset type, typically 5 to 7% for retail, 6 to 8% for industrial, and higher for special purpose or vacant buildings. A lower cap rate means a higher price relative to income, which means more demand for the asset.

Industrial

Warehouse, flex, distribution, manufacturing

Retail

Strip centers, QSR pads, restaurants, automotive

Office

Professional, medical, creative, traditional

Land

C-1/C-2 commercial pads, development sites

Hospitality

Hotels, restaurants, special purpose

Let’s Talk

Ready to find your next opportunity?

Whether you’re buying, selling, leasing, or just trying to understand the market, reach out. I work fast and I know the inventory cold.

Call or Text208-758-7539