Carl's Jr STNL Investment | Northgate Mile

Mountain West is proud to present the opportunity to acquire a Single-Tenant opportunity in the Idaho Falls trade area.​ Subject property is a 2,400 square foot building with drive-thru on a hard corner.​ Located on an outparcel of the larger center and surrounded by many heavily trafficked retailers.​ Snow Star, LP recently signed a franchisee guaranteed ten-year lease with 4 five-year options set to expire September 2033.​

STRONG FRANCHISEE GUARANTEED LEASE

Established in 2008, Stellaris Group dba Snow Star LP is a brand ambassador with over 69 locations throughout the western US. Click HERE to learn more.

Snow Star, LP signed an initial 10-year lease through September 2033.

TRAFFIC COUNTS

Located on a hard corner of Yellowstone Hwy which has over 13,000 VPD, Holmes Avenue with over 14,000 VPD.

AIRPORT PROXIMITY

Less than a five-mile drive from Idaho Falls Regional Airport, with a yearly average of 177,768 passenger departures and over 175,125 passengers arriving. In record breaking 2021, the airport experienced 445,041 travelers, which is a 110% increase from 2020.

LOCATION

Located in the community center of Idaho Falls, surrounded by the Country Club Mall. The property is convenient to the I-15 interchange, provides on-site parking, and building signage visibility for tenant representation.

SURROUNDING RETAILERS

Located within the heart of Idaho Falls and in the heavily populated retail corridor.  Surrounding Tenants include: Fred Meyer, Wendy’s, McDonald’s, Starbucks and many more.

NO EXISTING DEBT

This property is being offered Debt Free, giving a potential Buyer the ability to place it’s own debt and Maximize their Yield.