2000 Channing Way - Restaurant FOR SALE


Idaho Falls, ID 83404
$2,418,000 USD
208-357-4996
2000 Channing Way, Idaho Falls, ID for Sale
$2,418,000 USD
Restaurant - FOR SALE
1/6
null | 6.5% Cap Rate

2000 Channing Way
Idaho Falls, ID 83404


HIGHLIGHTS

  • 100% absolute net leased retail/restaurant investment property with a newly signed 10-year term.
  • Ideal retail location, situated directly across from the Grand Teton Mall — a regional traffic driver.
  • Long-standing national brand franchise operator with over 20+ years of operating sales history.
  • Ample off-street parking and easily accessible from Idaho Falls’ primary arterials for retail and services, E 17th St. and E 25th St.
  • Close proximity to the College of Eastern Idaho (21,000+ students), Mountain View Hospital, and Eastern Idaho Regional Medical Center.
  • Surrounded by major retailers including Target, Barnes & Noble, Michael’s, Best Buy, Ross, PetSmart, Grocery Outlet, Old Navy, Dillards, and more.

OVERVIEW

Introducing an exceptional retail investment opportunity at 2000 Channing Way, Idaho Falls, ID. This 5,830 SF free-standing restaurant building, constructed in 1992, features a newly signed 10-year absolute net lease with a well-established national brand franchise operator. With ample off-street parking, excellent visibility, and accessibility from primary arterials, this property is strategically positioned for success. Situated across from a regional retail draw, the Grand Teton Mall, this prime retail location benefits from high traffic counts and proximity to educational and healthcare institutions. Don't miss this chance to invest in a thriving retail destination.

FOR SALE DETAILS

PRICE

$2,418,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Perkins

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

R-2

APN/PARCEL ID

RPA3062103016O

ASK ABOUT THIS PROPERTY

Blake PhippenTOK CommercialMore Info
208-357-4996

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Blake PhippenTOK CommercialMore Info
208-357-4996

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.