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2115 Thain Grade
Lewiston, ID 83501
Red Lobster · Retail Property For Sale
PROPERTY FACTS
ABOUT 2115 THAIN GRADE , LEWISTON, ID 83501
Marcus & Millichap is pleased to present the exclusive listing for a Red Lobster located 2115 Thain Grd in Lewiston, ID. The property consists of approximately 4,296 square feet of building space and sits on 1.61 acres of land. This Red Lobster is subject to a 20-year triple-net (NNN) lease, with roughly 18 years remaining on the lease. Current annual rent is $135,000. The rent is scheduled to increase by two percent annually, including through the four, five-year tenant renewal options. This property is located at 2115 Thain Grade in Lewiston, Idaho. Lewiston is a city in north central Idaho and the county seat of Nez Perce County. It is the second-largest city in the northern Idaho region, behind Coeur d'Alene, and ninth-largest in the state. Lewiston is the principal city of the Lewiston, ID - Clarkston, WA Metropolitan Statistical Area, which includes all of Nez Perce County and Asotin County, Washington. There are approximately 35,374 individuals residing within a three-mile radius of the property and approximately 53,931 within a five-mile radius. The property is located on a hard signalized corner with good access and good visibility.
