KFC Absolute NNN
For Sale
Contact for pricing
243 Overland Ave, Burley, ID 83318
Recently extended lease with multiple options supports continued restaurant occupancy.
Property SizeContact for details
Days on Market144
Property Features for 243 Overland Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
1997
Tenancy
Single
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Hank Wolfer · License #WA 110547
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:04PM
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 - Seattle
Investment Insights
Based on property information with market context.
This absolute NNN property is occupied by KFC, a restaurant tenant that has operated at the site since its original construction in 1997. The lease was recently extended and includes multiple options for continued occupancy. In addition to base rent, the arrangement includes percentage rent tied to restaurant sales.
The property is positioned on Overland Avenue in Burley’s main commercial corridor. O’Reilly Auto Parts is directly north, while a Chrysler, Dodge, Ram, Fiat dealership is immediately south. The surrounding retail and hospitality presence includes Walmart, Jack in the Box, Arby’s, Burger King, Wendy’s, and several hotels and motels. Restaurant sales have increased consistently for several years, resulting in considerable percentage rent.
The property is positioned on Overland Avenue in Burley’s main commercial corridor. O’Reilly Auto Parts is directly north, while a Chrysler, Dodge, Ram, Fiat dealership is immediately south. The surrounding retail and hospitality presence includes Walmart, Jack in the Box, Arby’s, Burger King, Wendy’s, and several hotels and motels. Restaurant sales have increased consistently for several years, resulting in considerable percentage rent.
Key Highlights
- Absolute NNN lease structure with KFC occupancy
- Lease recently extended with multiple options
- Tenant has occupied the site since original construction in 1997
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 22%
Hotels & Casinos 11%
Idaho Central Credit Union
Shops & Services
13,007 visits/mo
0.1 miles
KFC
Dining
5,129 visits/mo
0.0 miles
Hampton Inn
Hotels & Casinos
3,358 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
3,173 visits/mo
0.1 miles
Sinclair
Shops & Services
2,569 visits/mo
0.4 miles
Demographics for 83318, ID
18,990
Population
6,786
Households
2.8
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
254.2 sq mi
ZIP Area
75
Density / Sq Mi
$66,770
Median Household Income
$36,569
Median Earnings
$924
Median Rent
$248,700
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?
NNN property - Recently extended lease with multiple options supports continued restaurant occupancy.
Where is this nnn property located?
The property is located at 243 Overland Ave Burley, ID.
What are key features of this property?
This property features: Absolute NNN lease structure with KFC occupancy; Lease recently extended with multiple options; Tenant has occupied the site since original construction in 1997
