585 N 2nd E Rexburg, ID
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Newly constructed Denny’s restaurant with a long-term absolute net lease.
Type:RETAIL
Lot size:
1.14 Acres- Added:
- Sep 18, 2025
- Days on Market:
- 224
- Last Refresh:
- Apr 5 at 8:36 pm
Property Features for 585 N 2nd E
General Information
- Standard status
- Active
- Lot size
- 1.14 Acres
- Property subtype
- RETAIL
Listing agent Clayton Brown
Listing office Marcus & Millichap, Inc. (206) 826-5700
Listing date Sep 18, 2025
Source Moodyscre
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, Inc.
Overview
New Denny's Restaurant For Sale
This newly constructed Denny’s restaurant in Rexburg, ID, is available for sale. Built in 2023, the building features Denny’s latest design standards and technology upgrades. The property is subject to a 17+ year absolute net lease with two 10-year options to extend, providing secure, long-term cash flow with zero landlord responsibilities. The lease includes 10% rent increases every 10 years during the initial term and option periods. The location is across from a high-traffic shopping center anchored by the #3 ranked C-A-L Ranch store nationally and a busy Albertsons with over 649,000 annual visits. Surrounding national retailers include Walmart, Hobby Lobby, Harbor Freight, AutoZone, McDonald’s, Arby’s, and Dairy Queen. Situated on N 2nd E with visibility to nearly 20,000 VPD, the property offers prominent signage and easy ingress/egress, including a protected center turn lane. Nearby employers and entertainment venues include Basic American Foods, Rexburg Rapids, and Fat Cats Rexburg. The property serves a population of over 50,700 residents within a five-mile radius, with average household incomes exceeding $75,000 and a student base of 20,000+ from BYU-Idaho. The property is operated by a seasoned Denny’s franchisee with over 25 years of experience and a portfolio of 24 Denny’s, 15 Papa John’s, and multiple Dave’s Hot Chicken locations across six states.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Izzo Windshield
Auto Repair Shop
Denny's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Rexburg
- County
- Madison
- State
- Idaho
- Longitude
- -111.79
- Latitude
- 43.814
Nearby Similar for Sale
FAQs
What type of property is this?
Breakfast & diner - Newly constructed Denny’s restaurant with a long-term absolute net lease.
Where is this breakfast & diner located?
The property is located at 585 N 2nd E Rexburg, ID.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: 17+ year absolute net lease offering true passive income with zero landlord responsibilities.; 10% rent increases every 10 years during the initial term and option periods, offering inflation protection.; Operated by a seasoned Denny’s franchisee with 25+ years of experience.
