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Aaron's 1385 E 17th St 10,010 SF Retail Building Idaho Falls, ID 83404 $1,227,586 ($122.64/SF)
Investment Highlights
- ± 4.75-Years remaining on the base term of the lease
- Aaron’s extended this lease early in 2025 for an additional 5 years
- 3-Mile population of 75,239 residents | 5-Mile population of 117,498residents
- Retail NNN lease with landlord responsibilities limited to roof and structure
- Attractive 11.25% rent increase coming in 2028, with subsequent 10%increases in the option periods
- Estimated population growth of 7.12% over the next 5-years
Executive Summary
Broker of Record
Kyle Matthews
License # CO56879 (ID)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CO56879 (ID)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,010 SF
Building Class
C
Year Built
2007
Price
$1,227,586
Price Per SF
$122.64
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.98 AC
Zoning
R-2 - Residential
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Aaron's began in 1955 with a lease-to-own model built to make name-brand home products more accessible. The company offers furniture, consumer electronics, home appliances, computers, and televisions through company-operated and franchised stores, along with online shopping. Aaron's serves customers across the United States and Canada and supports purchases with flexible payment options, product service, and repair coverage during the lease term. The company began public trading in 1982 and has remained focused on lease ownership for household goods.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | RPA00008209489 | Improvements Assessment | $1,069,927 |
| Land Assessment | $256,133 | Total Assessment | $1,326,060 |
Property Taxes
Parcel Number
RPA00008209489
Land Assessment
$256,133
Improvements Assessment
$1,069,927
Total Assessment
$1,326,060
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Contact the Sale Advisor
Aaron's | 1385 E 17th St