Investment Overview

Marcus and Millichap is pleased to present 9 Year Lease Wendy's in Idaho Falls, ID. The subject property is a 2,664 square foot restaurant on 0.77 acres. The property is leased to Classic Foods, Inc., which operates 9 Wendy's locations in Eastern Idaho, including Pocatello, Chubbuck, Idaho Falls (Broadway, Northgate, Ammon), Blackfoot, Rigby, Rexburg (North and South). The lease is an absolute NNN lease with zero landlord responsibilities, expiring in February 28, 2035 with 5% increases every 5 years and two 5-year renewal options. The property is located on Northgate Mile and Holmes Avenue with combined traffic counts of 31,000.