1031 MLS

ExampleThis is an example listing, published by 1031 MLS to show how a property appears here. The property does not exist, the photographs are computer-generated, and there is no seller to contact. It is kept out of search engines, buyer matches and saved-search alerts.

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NNN retail
Relinquished property

Absolute NNN drive-through restaurant

Nampa, ID (approximate)

5.85% cap rate

Confirmed today

Freestanding drive-through restaurant building seen from the parking lot
Freestanding drive-through restaurant building seen from the parking lot

Overview

Freestanding pad building on a hard corner, occupied by a multi-unit franchisee on an absolute triple-net lease with no landlord responsibilities. Eight years of primary term remain with four five-year options and 10% increases every five years. Drive-through with a double-stack order point, 34 surface stalls, and a signalised entrance shared with an adjacent grocery centre. This is an example listing published by 1031 MLS to demonstrate the site. The property does not exist and is not for sale.

Property details

The deal

Property type
NNN retail
Subtype
Single-tenant quick-service restaurant
Occupancy
100%

Income

Cap rate
5.85%
Net operating income
$184,275

Building

Building area
2,600 sf
Lot size
0.78 acres
Year built
2019

Lease

Tenant
Regional quick-service franchisee
Lease type
Absolute NNN
Lease expiration
June 30, 2034

Exchange notes

A management-free asset that closes quickly — suited to a buyer who needs certainty inside a 180-day window rather than upside.

Location

Address protected

This listing shows an approximate area only. The seller has chosen to keep the exact street address private.

The precise address is released to you when the seller accepts your inquiry.