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1333 Northgate Mile Idaho Falls, ID 83401

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NNN leased Wendy's with zero landlord responsibilities.

Property size:
2,664 SF

Property Features for 1333 Northgate Mile

General Information

Standard status
Active
Size
2,664 SF

Building Details

Year built
1983

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Listing Contact
Andrew Knudsen
Source: Crexi

Listing Agency: Marcus & Millichap - Salt Lake City Listing Agent: Andrew Knudsen

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

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Overview

Idaho Falls Wendy's Restaurant

This property in Idaho Falls, ID, features a 2,664 square foot restaurant situated on 0.77 acres. It is currently leased to Classic Foods, Inc., which operates 9 Wendy's locations in Eastern Idaho. The absolute NNN lease has zero landlord responsibilities and is set to expire on February 28, 2035, with 5% increases every 5 years and two 5-year renewal options. The property is positioned on Northgate Mile and Holmes Avenue, benefiting from combined traffic counts of 31,000.
Location Intelligence

Current Use by Public Records

Wendy's Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Idaho Falls
County
Bonneville
State
Idaho
Longitude
-112.0230754
Latitude
43.507633

FAQs

What type of property is this?
Drive through restaurant - NNN leased Wendy's with zero landlord responsibilities.
Where is this drive through restaurant located?
The property is located at 1333 Northgate Mile Idaho Falls, ID.
What are key features of this property?
This property features: - Absolute NNN lease offers zero landlord responsibilities.; - 9-year lease expiring February 28, 2035.; - 5% rental increases every 5 years.
More about this property
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