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659 N Overland Ave
Burley, ID 83318

Wendy's Burley Idaho · Retail Property For Sale

Retail Space Idaho Burley 659 N Overland Ave, Burley, ID 83318

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 Arby’s, Jimmy John’s, Ross,
Ulta, and Dollar Tree
• High visibility and high traffic counts with direct frontage along
Overland Ave
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
3,723 SF
Building Class
C
Year Built
1993
Price
$2,297,669
Price Per SF
$617
Cap Rate
6%
NOI
$137,866
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.73 AC
Zoning
4 - C-2
Parking
35 Spaces (9.4 Spaces per 1,000 SF Leased)
Frontage
202 FT on Overland Ave

Amenities

  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

Parcel Number RPB3200000000D Improvements Assessment $292,643
Land Assessment $419,866 Total Assessment $712,509

PROPERTY TAXES

Parcel Number
RPB3200000000D
Land Assessment
$419,866
Improvements Assessment
$292,643
Total Assessment
$712,509
 

  • Listing ID: 31571401

  • Date on Market: 4/21/2024

  • Last Updated:

  • Address: 659 N Overland Ave, Burley, ID 83318

More public record information on 659 N Overland Ave, Burley, ID 83318

The Retail Property at 659 N Overland Ave, Burley, ID 83318 is currently available for sale. Contact Legend Partners for more information.

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