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477150 Highway 95 Ponderay, ID 83852

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For Sale
$3,049,000

New 20-year NNN lease Wendy's in Ponderay, ID.

Property size:
2,685 SF
Lot size:
0.75 Acres

Property Features for 477150 Highway 95

General Information

Size
2,685 SF
Lot size
0.75 Acres

Source: Marcus & Millichap, Inc. Agent Clayton Brown

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Wendy's NNN Investment Opportunity

This Wendy's property, located in the Sandpoint, ID MSA, presents a prime investment opportunity. Constructed in 2021 as a build-to-suit, the property features modern construction designed for operational efficiency. The property is subject to a brand-new 20-year Absolute NNN Lease set to commence at closing, offering passive income and zero landlord responsibilities for management, maintenance, or repairs. The lease includes 8.0% rent increases every five years throughout the initial term and all option periods. The store demonstrates solid operating performance with 2024 gross sales and projected 2025 sales both exceeding $2,000,000. The rent-to-sales ratio is a conservative 7.9%. The store is operated by a successful Wendy's franchisee with over 65 locations across 10 states. The entity guaranteeing the lease will be Wenspok Resources LLC, the franchisee's Pacific Northwest operations, which includes 23 restaurants and total store sales volume in excess of $64,000,000 per year (2024). The property benefits from year-round tourism activity including Schweitzer Mountain Resort and Lake Pend Oreille. Strategically positioned directly on Highway 95, a main route to Schweitzer Mountain Resort, the property benefits from exceptional visibility with over 20,500 vehicles per day. It sits directly across from high-traffic anchors including Walmart, Home Depot, and North 40 Outfitters. The Ponderay/Sandpoint market continues to experience explosive demographic growth, with the population within a 5-mile radius increasing 22% since 2020 and projected to grow another nearly 23% over the next 5 years. The property size is 2685 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Clothing Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ponderay
County
Bonner
State
Idaho
Longitude
-116.5461981
Latitude
48.3101133

FAQs

What type of property is this?
Drive through restaurant - New 20-year NNN lease Wendy's in Ponderay, ID.
Where is this drive through restaurant located?
The property is located at 477150 Highway 95 Ponderay, ID.
What is the asking price?
The asking price for this property is $3,049,000.
What are key features of this property?
This property features: - Brand-new 20-year Absolute NNN Lease for long-term passive income.; - Strategic location on Highway 95 with high visibility (20,500+ vehicles per day), close to Walmart and Home Depot.; - Strong sales performance: 2024 and projected 2025 gross sales exceeding $2,000,000.
More about this property
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