Retail

Wendy's

Mountain Home, ID

Asking Price

$2,110,000

Cap Rate

5.15%

Expenses

Abs NNN

Year Built

1995

LTR

10 Years

Avg HHI

$68,000

Square Feet

3,402 SF

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Highly Visible

Directly off I-84

INVESTMENT HIGHLIGHTS

Absolute NNN lease with 10 years remaining, providing zero landlord responsibilities.
Strong annual sales result in rent comprising just 5% of total sales with gross sales having increased 13% since 2021.
Contractual rent increase at year 6 increases yield an estimated 53 basis points.
Multi-unit operator, Bronco Burgers LLC, oversees an estimated eight Wendy’s locations.

Highly visible location directly off Interstate 84 on-off ramps, benefiting from daily commuter traffic heading to and from nearby Boise to the north, or the nearby Mountain Home Air Force Base, the area’s largest employer.
Outparcel of a Walmart Supercenter, one of only two major grocers in the city, benefiting from strong daily draw to the trade area.
Wendy’s is the #5 rated 2023 fast-food chain per QSR Magazine.