805 Broadway St Idaho Falls, ID 83402-3356
Property profile & analytics
805 Broadway St Idaho Falls, ID 83402-3356
- Drive through restaurants
- 3,147 SF
- 0.80 lot acres
Property ID
US27-0572475
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Carl's Jr. / Restaurant
Property Details for 805 Broadway St
- Year built
- 2013
- Lot size
- 0.80 lot acres
- Property size
- 3,147 SF
- Property type
- Drive through restaurants
- APN
- RPA5670001001O
- APU
- RPA5670001001O
Description
This exceptional investment opportunity presents a 3,200 square foot Carl's Jr./Hardee's franchise located at 805 W Broadway St, Idaho Falls, ID 83402. The property, built in 2013, sits on a 0.8-acre lot with 38 parking spaces and benefits from a hard corner location with high visibility. The single-tenant building is classified as Class B and features a drive-thru. The current lease, with Snow Star, LP (a franchisee with over 69 locations), is a Net Lease (NNN) agreement with a remaining term of 6.8 years, commencing March 21, 2021, and expiring September 25, 2031. The lease includes four five-year options, extending the potential lease term to September 2033. Rent increases are structured at 10% every five years. The property boasts a 5.00% cap rate, a $144,000 annual Net Operating Income (NOI), and an asking price of $2,880,000 ($900 per square foot). The property is situated in a high-traffic area with over 23,500 vehicles per day on Broadway Street and over 15,000 on Utah Avenue. It's less than two miles from the Idaho Falls Regional Airport and surrounded by numerous national retailers including Walmart, Panda Express, Wendy's, and Olive Garden. The property is offered debt-free, allowing buyers to maximize their yield with their own financing. The permitted zoning is C.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -112.049
- Latitude
- 43.4942
- CBSA code
- 26820
- CBSA name
- IDAHO FALLS, ID METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,656
$244,125
$1,320
$245,445
-
$244,125
$1,320
$245,445
