1385 E 17th St - Restaurant FOR SALE
Idaho Falls, ID 83404 |
$1,270,430 USD
866-889-0550
1385 E 17th St
Idaho Falls, ID 83404
HIGHLIGHTS
- ± 4.75-Years remaining on the base term of the lease
- Retail NNN lease with landlord responsibilities limited to roof and structure
- Aaron’s extended this lease early in 2025 for an additional 5 years
- Attractive 11.25% rent increase coming in 2028, with subsequent 10%increases in the option periods
- 3-Mile population of 75,239 residents | 5-Mile population of 117,498residents
- Estimated population growth of 7.12% over the next 5-years
FOR SALE DETAILS
PRICE
$1,270,430 USD
PRICE/SF
$124 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Aaron's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,689 SF
ZONING
R-2
APN/PARCEL ID
RPA00008209489
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866-889-0550
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866-889-0550
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