Broadway Freddy's | 2143 S Broadway Ave
Freddy's Custard & Burgers standalone location in Boise, Idaho, offered at $2,135,000 at a 6.00% cap ($128,100 NOI). The single-tenant asset is anchored by a newly executed 15-year lease with 3% annual rent increases, providing predictable cash flow and built-in income growth over the lease term.
Built in 2016, the 3,435 SF building features indoor dining and a drive-thru setup on a 0.84-acre C-2D parcel with 30 parking spaces along South Broadway Avenue. The location benefits from nearby public transportation, bus lines, airport access, and surrounding coffee shops, positioning the property in an active commercial corridor with strong foot traffic and visibility.
- 15-year lease with 3% annual rent increases
- Single-tenant, fully leased investment
- Drive-thru and indoor dining configuration
- 30 parking spaces; strong visibility on Broadway
- Near public transit, airport, and complementary retail
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Location
SVN presents an exceptional investment opportunity to acquire a standalone Freddy’s Custard & Burgers property in the thriving Boise area. The modern, build-to-suit facility features both indoor dining and a convenient drive-thru, offering a strong setup for continued operations. Freddy’s has recently executed a new 15-year lease, demonstrating a long-term commitment to the location. The lease also includes 3% annual rent increases, providing investors with stable cash flow, built-in income growth, and strong long-term wealth preservation potential.