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Wendy's Twin Falls Idaho 818 Blue Lakes Blvd N

2,417 SF Retail Building Twin Falls, ID 83301 £1,952,917 (£808/SF) 6% Net Initial Yield

Executive Summary

NEW 20 YEAR LEASE WILL BE SIGNED AT CLOSE OF ESCROW

IDEALLY LOCATED
• Situated along a prominent commercial corridor
• Strong surrounding tenants including Fred Meyer, JoAnn, and Cafe
Rio
• High visibility and high traffic counts with direct frontage along
Blue Lakes Blvd
INVESTMENT NOTES
• Strong Credit Franchisee with 37 Years Experience
• GBK Foods, LLC owns 4 Wendy’s Locations
• Wendy’s is the third largest hamburger fast-food chain
• Drive-Thru Restaurant Building

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,417 SF
Building Class
C
Year Built
1985
Price
£1,952,917
Price Per SF
£808
Net Initial Yield
6%
NOI
£117,177
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.59 AC
Zoning
C-1 - Commercial Highway District
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
112 ft on Blue Lakes Blvd

Amenities

  • Pylon Sign
  • Drive Thru
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Sizzler
U.S. Bank
Rent-A-Center
Cafe Rio
The Human Bean
Fred Meyer
Chase
Farmers Bank
WaFd Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPT00107103060A
Land Assessment
£329,037
Improvements Assessment
£410,305
Total Assessment
£739,342
  • Listing ID: 33285052

  • Date on Market: 24/09/2024

  • Last Updated:

  • Address: 818 Blue Lakes Blvd N, Twin Falls, ID 83301

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