Investment Highlights
Tenant will sign a brand new 7 year term at closing
Healthy rent to sales ratio
Franchisee has 30+ year operating history with Subway, they own 8 Subway?s total
One of the premiere settings in Idaho Falls
Tenant responsible for everything minus roof, structure & parking lot
Highly desirable layout with a drive-thru on one of the markets busiest streets
Executive Summary
FOR SALE: Brand New 7-Year Lease at 995 E 17th St. Idaho Falls, ID 83404Goldman | Ryden Real Estate Investment Services presents an exceptional opportunity to own a prime commercial property in Idaho Falls. Located on the highly sought-after 17th Street corridor, this brand new 7-year lease boasts a desirable triple net lease structure with a credit tenant and a national brand - Subway.Spanning across 1,380 square feet, this property offers a healthy rent-to-sales ratio and is surrounded by well-known tenants such as Lowe's, Harbor Freight, Sam?s Club, Starbucks, Taco Bell, and more. The tenant is personally guaranteed by a multi-unit franchisee with over 30 years of operating history and a total of 8 Subway locations in the region, ensuring bankable credit and peace of mind for investors.With a competitive cap rate and annual rent increases of 3%, this property promises long-term passive income. The lease includes tenant responsibilities for everything except the roof, structure, and parking lot, making it a low maintenance investment and perfect for someone from out of town.Don't miss this rare opportunity to own a well-located property in a high growth area. Contact us today for more information.
