Wendy's Twin Falls Idaho 818 Blue Lakes Blvd N
2,417 SF Retail Building Twin Falls, ID 83301 $2,377,000 ($983/SF) 6.30% Cap Rate
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
$2,377,000
Price Per SF
$983
Cap Rate
6.30%
NOI
$149,756
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
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
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | RPT00107103060A | Improvements Assessment | $524,385 |
| Land Assessment | $420,521 | Total Assessment | $944,906 |
