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Restaurant Property with Leaseback Option

7107 W State St, Garden City, ID 83714

For Sale
Contact for pricing

The site can support continuation of the current restaurant concept or introduction of a different dining operation.

Property SizeContact for details
Days on Market23

Property Features for 7107 W State St

General Information

Standard status Active
Property subtype Retail
Net Operating Income $150,000

Financials

Asking Price $2,500,000
Cap Rate 6%
Business Included Yes

Additional Details

Currently Operating Yes
Listing Agency: John L Scott
Listed By: Henry Groves · License ID SP45292
Source: Crexi
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 8 at 6:08PM

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 John L Scott

Rey
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Investment Insights

Based on property information with market context.

At 7107 W State Street in Garden City, this restaurant property is offered for sale with options for an incoming owner to continue the current concept, subject to agreement and brand rights, or bring in a different restaurant concept. The seller is open to a sale-leaseback with an initial five-year term. A liquor license is proposed as part of the sale, subject to license type, transfer eligibility, and required approvals.

The property is near the State Street and Glenwood intersection.

Key Highlights

  • Restaurant site offered for sale with continued‑operation or new‑concept options
  • Seller is open to a sale‑leaseback with an initial five‑year lease term
  • Proposed liquor license inclusion is subject to transfer eligibility and required approvals

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Auto Parts Store Real Estate Agency 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby
311k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 30% Superstores 28% Groceries 12% Apparel 9%
Walmart Superstores
85,859 visits/mo 0.3 miles
Albertsons Groceries
30,762 visits/mo 0.2 miles
D&B Supply Home Improvements & Furnishings
21,108 visits/mo 0.2 miles
Ross Dress for Less Apparel
15,139 visits/mo 0.1 miles
Panda Express Dining
14,106 visits/mo 0.1 miles

Demographics for 83714, ID

26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value
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Market

Properties on Market for Restaurants in Ada County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Restaurant - The site can support continuation of the current restaurant concept or introduction of a different dining operation.
Where is this restaurant located?
The property is located at 7107 W State St Garden City, ID.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Restaurant site offered for sale with continued‑operation or new‑concept options; Seller is open to a sale‑leaseback with an initial five‑year lease term; Proposed liquor license inclusion is subject to transfer eligibility and required approvals
(208) 608-9091 Call to check price and availability
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