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
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,845,000.0
  • $/SF$ 418.4
  • Listing StatusAvailable
  • Days on Market228
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.50 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • 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 Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyMadison
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #RPR4ETA0010080
  • Additional Parcels
  • ZoningC
Construction
  • Year Built2023
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Denny's | 17+ Year Absolute Net Lease

Public Comments

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,

Listing Images