Wendy's Twin Falls Idaho | 818 Blue Lakes Blvd N
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | RPT00107103060A | Improvements Assessment | £410,305 |
Land Assessment | £329,037 | Total Assessment | £739,342 |
PROPERTY TAXES
Parcel Number
RPT00107103060A
Land Assessment
£329,037
Improvements Assessment
£410,305
Total Assessment
£739,342
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Wendy's Twin Falls Idaho | 818 Blue Lakes Blvd N
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