585 N 2nd E
Rexburg ID 83440
Denny's
585 N 2nd E Rexburg ID 83440
Listing #: 702726 | Status: Available | Last Modified: 4/9/2026 |
For Sale
- Phone:(206) 826-5787
- Email:brownretailgroup@marcusmillichap.com
- Office Name:Marcus & Millichap, Inc.
- Office Phone:(206) 826-5700
- Office Website:www.marcusmillichap.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,845,000.0
- $/SF$ 418.4
- Listing StatusAvailable
- Days on Market228
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.50 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF4410
- Net Rentable Area4410
- Total Office SF
- Largest Contiguous SF
- Lot SF49746
- Acres1.14
- Property TypeRetail
- Office Type
- Building Class
- CountyMadison
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaNot Assigned
- Tax ID #RPR4ETA0010080
- Additional Parcels
- ZoningC
- Year Built2023
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Denny's | 17+ Year Absolute Net Lease
We have been selected to exclusively market for sale a newly constructed Denny’s restaurant in Rexburg, ID featuring a 17+ year absolute net lease with two 10-year options to extend. The lease offers secure, long-term cash flow with zero landlord responsibilities, providing investors true passive income. The lease includes 10% rent increases every 10 years during the initial term and option periods, delivering inflation protection and growing returns over time. The property is operated by a seasoned Denny’s franchisee with over 25 years of experience and a portfolio of 24 Denny’s, 15 Papa John’s, and multiple Dave’s Hot Chicken locations across six states, ensuring strong operational performance. Built in 2023, the building reflects Denny’s latest design standards and technology upgrades,




