Search
Idaho Falls Retail Investment Opportunity
For Lease
$2,250,000

2000 Channing Way, Idaho Falls, ID 83404

Free-standing restaurant building with a new 10-year absolute net lease.

Space SizeContact for details
Property Size5,830 SF
Days on Market273

Property Features for 2000 Channing Way

General Information

Standard status Active
Size 5,830 SF
Property subtype Freestanding Retail / Restaurant
Lease Term 10 Year Term
Net Operating Income $164,593

Building Details

Building Size 5,830 SF
Listing Agency: TOK Commercial
Listed By: Blake Phippen · License ##SP47267
Source: Tokcommercial
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 21 at 4:40AM

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 TOK Commercial

Investment Insights

Based on property information with market context.

Located at 2000 Channing Way in Idaho Falls, ID, this property presents an investment opportunity. The 5,830 square foot free-standing restaurant building was constructed in 1992. It features a newly signed 10-year absolute net lease with a national brand franchise operator. The property benefits from ample off-street parking and accessibility from primary arterials. Situated across from the Grand Teton Mall, a regional retail destination, the location experiences high traffic. The property is located near the College of Eastern Idaho, Mountain View Hospital, and Eastern Idaho Regional Medical Center. The surrounding area includes major retailers such as Target, Barnes & Noble, Michael’s, Best Buy, Ross, PetSmart, Grocery Outlet, Old Navy, Dillards, and JCPenny, as well as hotels like Holiday Inn Express, Hampton Inn, and La Quinta Inn.

Key Highlights

  • Newly signed 10‑year absolute net lease with a well‑established national brand franchise operator.
  • Prime retail location directly across from the Grand Teton Mall, a regional traffic driver.
  • Ample off‑street parking and easy accessibility from Idaho Falls' primary arterials (E 17th St. and E 25th St.).

Property Analytics

Current Use

Perkins Restaurant & Bakery Restaurant

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Plumbing Service Storage Facility Locksmith Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,687
Businesses Nearby
602k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 23% Dining 22% Apparel 21% Superstores 18%
Target Superstores
106,318 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
44,406 visits/mo 0.2 miles
Ross Dress for Less Apparel
43,397 visits/mo 0.3 miles
Texas Roadhouse Dining
38,481 visits/mo 0.5 miles
Albertsons Groceries
38,119 visits/mo 0.5 miles

Demographics for 83404, ID

25,491
Population
9,606
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
92%
High-School Grad
25.0 sq mi
ZIP Area
1,020
Density / Sq Mi
$79,211
Median Household Income
$36,802
Median Earnings
$1,013
Median Rent
$355,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Restaurant - Free-standing restaurant building with a new 10-year absolute net lease.
Where is this restaurant located?
The property is located at 2000 Channing Way Idaho Falls, ID.
What is the lease rate?
The lease rate is $2,250,000.
What are key features of this property?
This property features: Newly signed 10‑year absolute net lease with a well‑established national brand franchise operator.; Prime retail location directly across from the Grand Teton Mall, a regional traffic driver.; Ample off‑street parking and easy accessibility from Idaho Falls' primary arterials (E 17th St. and E 25th St.).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message