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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

818 Blue Lakes Blvd Twin Falls, ID 83301

2,417 SF 0.59 ac lot Built 1985
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1985
Total area 2,417 SF
Lot 0.59 ac (25,700 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wendy's Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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