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767 N Neufeld Ln
Post Falls, ID 83854
Popeye's · Retail Property For Sale
Property Facts
About 767 N NEUFELD LN , POST FALLS, ID 83854
Sale/leaseback Popeyes in Post Falls, Idaho, which is located between Spokane and Coeur d’Alene. Post Falls is one of the fastest growing cities in Idaho and part of a CSA with a population of over 710,000. The property is accessible off Highway 90, which connects Idaho & Washington and has 56,000+ VPD. At closing, the tenant will execute a 20-year absolute net lease with 10% rental increases every 5 years providing a reliable long term income stream to a new investor. The guarantor is an experienced multi-concept franchisee that has over 25 other restaurants under the Popeyes, Black Bear Diner, Sonic, and Twin Peaks flags. The lease includes a strong personal guarantee and a sales reporting provision providing for transparency and security to a new owner. Sales to date are quite strong. The retail market includes high quality retailers such as Walmart Supercenter, Starbucks, Verizon, AT&T, Sonic Drive-In, Del Taco, Wendy’s and many others.
Property Taxes
| Parcel Number | P00000063350 | Improvements Assessment | $848,029 |
| Land Assessment | $1,476,048 | Total Assessment | $2,324,077 |
Property Taxes
