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1385 E 17th St
Idaho Falls, ID 83404

$1,270,430 USD

Restaurant For Sale  •  10,224 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 10,224 SF
  • Lot Size 0.98 AC
  • Building Class C
  • Year Built 2007
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning R-2
0 Transit Score
64 Walk Score

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
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Aaron's

Public Transportation

AirportDriveWalkDistance
Idaho Falls Regional 10 min - 5.1 mi
Kyle Matthews 866-889-0550 Matthews Real Estate Investment Services
Kyle Matthews 866-889-0550 Matthews Real Estate Investment Services