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Investment Highlights

  • 100% Leased, Single-Tenant Building
  • Strong Franchisee Operator with Guarantee
  • Service Driven Amenity with Brand Recognition
  • Absolute NNN Lease
  • Strategically Located Outparcel

Executive Summary

Built in 2024, the Property is currently 100% leased Take 5 Oil Change, a subsidiary of Driven Brands Inc. The lease term remaining is approximately 18.5 years. Take 5 Oil Change is located along one of Idaho Falls’ commercial corridors, E 17th Street (±28,907 ADT) and is an outparcel to Lowe’s. The Property is in close proximity to other synergistic retailers including The Home Depot, Sam’s Club, O’Reilly Auto Parts, Harbor Freight, Tractor Supply, AutoZone, and Michael’s. Within two miles of the Property, College of Eastern Idaho (±4,561 students), Grand Teton Mall (anchored by Dillard’s, JC Penney, Dick’s Sporting Goods) , Eastern Idaho Regional Medical Center (304 staffed beds), and Idaho Falls Community Hospital (8 staffed beds) increase daytime population in the area.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,550 SF
Building Class
B
Year Built
2024
Price
$2,866,954 CAD
Price Per SF
$1,849.65 CAD
Cap Rate
5.75%
NOI
$164,846 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
12.69 AC
Zoning
R2
Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Albertsons
Rent-A-Center
Natural Grocers
Jazzercise
Black Bear Diner
Gandolfo's New York Deli
CrossFit
Planet Fitness
Ata Martial Arts
  • Listing ID: 39837106

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 875 E 17th St, Idaho Falls, ID 83404

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