Red Robin Absolute NNN
For Sale
Contact for pricing
2450 E 17th St, Idaho Falls, ID 83404
Leasehold restaurant ownership with an absolute NNN structure and corporate lease guaranty in Idaho Falls.
Property SizeContact for details
Days on Market144
Property Features for 2450 E 17th St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
NAI Select
Listed By:
Mike Erkmann · License #ID SP36834
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 8:39PM
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 NAI Select
Investment Insights
Based on property information with market context.
This offering consists of the leasehold interest, including ownership of the restaurant building, occupied by Red Robin Gourmet Burgers and Brews at 2450 E 17th St in Idaho Falls, Idaho. The property is subject to an absolute NNN lease, with the tenant responsible for ground rent and no landlord responsibilities identified in the lease structure.
Red Robin International, Inc. recently renewed the agreement for a new 12-year term. The lease includes one 5-year extension option and provides for a 10% rental increase in June 2026 and at the start of the option period. The remaining ground lease term is 18 years, and the lease carries a corporate guaranty.
Red Robin International, Inc. recently renewed the agreement for a new 12-year term. The lease includes one 5-year extension option and provides for a 10% rental increase in June 2026 and at the start of the option period. The remaining ground lease term is 18 years, and the lease carries a corporate guaranty.
Key Highlights
- Leasehold interest includes ownership of the Red Robin restaurant building
- Absolute NNN lease with zero landlord responsibilities
- Corporate lease guaranty from Red Robin International, Inc.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
844k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 31%
Dining 22%
Shops & Services 17%
Apparel 17%
Walmart
Superstores
154,726 visits/mo
0.5 miles
Target
Superstores
106,318 visits/mo
0.3 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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Chuck-A-Rama Buffet — 999 S 25th E, Ammon, ID 83406
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Leasehold restaurant ownership with an absolute NNN structure and corporate lease guaranty in Idaho Falls.
Where is this conventional restaurant located?
The property is located at 2450 E 17th St Idaho Falls, ID.
What are key features of this property?
This property features: Leasehold interest includes ownership of the Red Robin restaurant building; Absolute NNN lease with zero landlord responsibilities; Corporate lease guaranty from Red Robin International, Inc.
