875 E 17th St - Service Station FOR SALE


Idaho Falls, ID 83404
$2,087,000 USD
916-446-8206
875 E 17th St, Idaho Falls, ID for Sale
$2,087,000 USD
Service Station - FOR SALE
1/5
null | 5.75% Cap Rate

875 E 17th St
Idaho Falls, ID 83404


HIGHLIGHTS

  • 100% Leased, Single-Tenant Building
  • Absolute NNN Lease
  • Strong Franchisee Operator with Guarantee
  • Strategically Located Outparcel
  • Service Driven Amenity with Brand Recognition

OVERVIEW

Built in 2024, the Property is currently 100% leased Take 5 Oil Change, a subsidiary of Driven Brands Inc. The lease term remaining is approximately 18.5 years. Take 5 Oil Change is located along one of Idaho Falls’ commercial corridors, E 17th Street (±28,907 ADT) and is an outparcel to Lowe’s. The Property is in close proximity to other synergistic retailers including The Home Depot, Sam’s Club, O’Reilly Auto Parts, Harbor Freight, Tractor Supply, AutoZone, and Michael’s. Within two miles of the Property, College of Eastern Idaho (±4,561 students), Grand Teton Mall (anchored by Dillard’s, JC Penney, Dick’s Sporting Goods) , Eastern Idaho Regional Medical Center (304 staffed beds), and Idaho Falls Community Hospital (8 staffed beds) increase daytime population in the area.

FOR SALE DETAILS

PRICE

$2,087,000 USD

PRICE/SF

$1,391 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.69 AC

LAND SF

552,729 SF

ZONING

R2

APN/PARCEL ID

RPA1710001001O

ASK ABOUT THIS PROPERTY

Stuart WrightCBRE, Inc.More Info
916-446-8206

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Stuart WrightCBRE, Inc.More Info
916-446-8206

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