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632 N Overland Ave 2,664 SF Retail Building Burley, ID 83318 $3,590,000 ($1,347.60/SF) 5.75% Cap Rate
Investment Highlights
- Long Term Lease Remaining | Contractional Rent Escalations The lease offers 15 years of remaining primary term, providing investors with long-term
- Globally Recognized Brand Taco Bell is one of the most globally recognized quick-service-restaurant brands with over 8,000 stores worldwide and one
- Burley’s primary retail artery – the property enjoys high visibility and strong daily traffic counts. Neighboring national retailers include Walmart
- income security and predictable cash flow. The lease includes scheduled 10% rent escalations every 5 years, serving as a hedge against inflation.
- one of the leaders in the fast-food industry. Strategic Location on Burley’s Main Commercial Corridor Situated on Overland Avenue (US-30)
- Supercenter, Walgreen’s, McDonald’s, and Albertsons, drawing consistent consumer traffic to the area. Modern Construction with Drive-Thru
Executive Summary
Invest in the iconic 632 N Overland Ave in Burley, ID with a single-tenant net lease opportunity. Featuring a Taco Bell with ES-O-EN Management as guarantor, this investment offers a 5.90% cap rate with a long-term lease until 2040. Strategically located on Burley's main commercial corridor, this modern property boasts a drive-thru and benefits from the high traffic area with neighboring retail giants like Walmart and McDonald's. The lease includes 10% rent escalations every 5 years, ensuring steady cash flow and protection against inflation. Taco Bell, a globally recognized QSR brand, is managed by ES-O-EN Management, overseeing 36+ locations. The property's immediate access to I-84 and the region's strong demographics make it a lucrative investment opportunity in a growing market. Don't miss this chance to acquire a stable income generator with a strong tenant in a prime location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,664 SF
Building Class
B
Year Built
2015
Price
$3,590,000
Price Per SF
$1,347.60
Cap Rate
5.75%
NOI
$206,425
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.73 AC
Zoning
C-2 - Retail commercial
Parking
28 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
75’ on N Overland Ave
Amenities
- Signage
- Drive Thru
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Taco Bell began in 1962 when Glen Bell opened the first restaurant in Downey, California, building on earlier taco stands and a background in fast-service restaurant operations. The chain serves Mexican-inspired foods such as tacos, burritos, quesadillas, nachos, and beverages, and its business spans company-operated and franchised restaurants. Taco Bell has grown into a widely recognized quick-service brand with a substantial presence in the United States and in markets outside the country. The company maintains digital ordering, career, and newsroom platforms that support menu launches, brand updates, and franchise-related hiring.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | RPB3200000004A | Improvements Assessment | $658,039 |
| Land Assessment | $413,693 | Total Assessment | $1,071,732 |
Property Taxes
Parcel Number
RPB3200000004A
Land Assessment
$413,693
Improvements Assessment
$658,039
Total Assessment
$1,071,732
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632 N Overland Ave