1306 21st St | Lewiston, ID 83501
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- LoopNet Team
1306 21st St
Lewiston, ID 83501
Sonic Drive-In · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-year absolute net sale-leaseback featuring 1.5% annual rental increases throughout the base term and options
- Low rent-to-sales (ask Agent for more details)
- Parent company (Guernsey Holdings) is a top 5 Sonic franchisee nationally that operates 130+ locations across 10 states
- Hard corner location with drive-thru
- 8-unit PNW-based franchisee subsidiary backing the lease
- Busy retail corridor – nearby Albertsons and Home Depot are ranked in the 88th and 97th percentile respectively of grocery and home improvement stores
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,351 SF
Building Class
C
Year Built/Renovated
2011/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.40 AC
Zoning
C6 - Regional Commercial
Frontage
1 of 1
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