Idaho Falls Wendy's
For Sale
Contact for pricing
Pending
1333 Northgate Mile, Idaho Falls, ID 83401
NNN leased Wendy's with zero landlord responsibilities.
Property Size2,664 SF
Lot Size0.77 Acres
Days on Market172
Property Features for 1333 Northgate Mile
General Information
Standard status
Pending
Size
2,664 SF
Lot size
0.77 Acres
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$156,000
Building Details
Year Built
1983
Tenancy
Single
Listing Agency:
Marcus & Millichap - Salt Lake City
(801) 736-2648
Listed By:
Andrew Knudsen · License #UT 9115765-SA00
Source:
Crexi
Added: Feb 20
Changed: Aug 10
Last Checked: Aug 11 at 1:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Salt Lake City
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Absolute NNN lease offers zero landlord responsibilities.
- 9‑year lease expiring February 28, 2035.
- 5% rental increases every 5 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
160k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Dining 33%
Shops & Services 22%
Fred Meyer
Groceries
71,921 visits/mo
0.3 miles
McDonald's
Dining
27,882 visits/mo
0.4 miles
Dollar Tree
Shops & Services
24,467 visits/mo
0.2 miles
Wendy's
Dining
17,496 visits/mo
0.1 miles
Carl's Jr.
Dining
5,013 visits/mo
0.1 miles
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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 is the asking price?
The asking price for this property is $2,400,000.
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.
