Shopko Closure Drives up Idaho Falls Retail Vacancy 

shopko closure signage and store interior

The Shopko on 17th Street in Idaho Falls officially closed its doors last month. The former big-box retailer vacated over 90,000 square feet, driving up overall retail vacancy to 8.76%, the highest it’s been in 12 months. 

Shopko’s closure follows behind other major retailers such as Sears and Toy-R-Us.  These large retail closures will continue to make headlines. However, the growing trend of “adaptive reuse” where buildings are creatively used in ways different from their original design (ie. big-box retail space being used for education or storage), should help lessen the impact.

Agent Relation: 
Brent Wilson
Brian Wilson
Dustin Mortimer