975 University Blvd | Rexburg, ID 83440
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- LoopNet Team
975 University Blvd
Rexburg, ID 83440
Applebee's (Franchisee 1,200+ Units) · Retail Property For Sale
Investment Highlights
- STRONG FRANCHISE GUARANTEE : The Lease is Guaranteed by a Wholly Owned Subsidiary of Flynn Restaurant Group, 1,200 + Restaurants
- Above Market 10% Rent Increases | 10% Rent Increase in 2022
- Site Positioned within Immediate Walking Distance to Three (3) Hotels, Across from Truck Stop & Next to Dirt Lot Used as Overflow Truck Parking
- Flynn Restaurant Group (Apple American) is the Largest Franchisee of Applebee’s with 451 Restaurants Across 23 States
- Positioned just 1.5 Miles from Center of BYU Idaho Campus (Student Enrollment of 20,500 +/--) & Immediately Adjacent to Interstate 20 (ADT = 22,500)
- Absolute NNN Lease Expiring 6/30/2027
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,936 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Parking
45 Spaces (9.11 Spaces per 1,000 SF Leased)
Frontage
105’ on Golden Beauty
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