818 Blue Lakes Blvd Twin Falls, ID 83301
This exceptional investment opportunity presents a 2,417 square foot Wendy's restaurant located at 818 Blue Lakes Blvd N, Twin Falls, ID 83301. The property boasts a 20-year absolute NNN lease with a creditworthy franchisee (GBK Foods, LLC) operating four Wendy's locations and possessing 37 years of experience. The lease includes four five-year renewal options with a 10% rent increase every five years, ensuring consistent income growth. The property sits on a 0.59-acre lot zoned C-1 (Commercial Highway District), offering high visibility and traffic counts due to its prominent location along Blue Lakes Blvd, near strong surrounding tenants such as Fred Meyer, JoAnn, and Cafe Rio. Built in 1985, this drive-thru restaurant generates a substantial net operating income (NOI) of $149,756, resulting in an attractive 5.75% cap rate. The asking price is $2,604,452. The property's APN is RPT00107103060. This is a rare chance to acquire a stable, high-performing Wendy's franchise in a thriving Idaho market. The sale is structured as a sale/leaseback transaction.
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Wendy's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.