Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace AUCTION SITE: https://rimarketplace.com/auction/2318/reit-sale-former-denny-s-hard-corner-highway-exit?utm_source=costar Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 950 Lindsay in Idaho Falls, ID, 83401 (the “Property”). Formerly occupied by Denny’s, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE! Built in 1995, the Property consists of a one-story, free-standing retail building containing ±5,077 gross square feet, with 86 parking spaces, on a ±1.55-acre parcel (±67,514 SF). The site offers exceptional frontage on a hard corner with ±186’ ft on the US Hwy 20 Ramp (±4,122 VPD) and 270’ ft on Lindsay Blvd (±5,537 VPD). The Property was formerly occupied by Denny’s on a NNN lease, offering potential owner/users or investors significant value-add opportunities through lease-up at long-term market rates (CoStar estimated asking rent of $19/SF NNN retail). Zoned “HC” Highway Commercial, the Property benefits from flexible zoning allowances that support a wide variety of uses. Strategically located in Idaho Falls, ID, a vibrant city within Bonneville County, the Property is positioned near the heart of Eastern Idaho, supported by strong economic and demographic drivers. The Property benefits from high visibility and accessibility just off US Hwy-20 (±28,075 VPD) and I-15 (±21,303 VPD), two major highways that provide seamless regional connectivity and bolster retail traffic in the area. Located ±1 mile from downtown Idaho Falls, the area offers a thriving mix of dining, shopping, and attractions. This former Denny’s is located ±5-minutes from the Idaho Falls Regional Airport a major economic demand driver for the area which recorded a total of ±628,329 passengers in 2022. Leisure demand drivers include the Idaho Falls LDS Temple (±1.5 miles), the Museum of Idaho (±1 mile), West Bank Convention Center and the Snake River along with its Greenbelt Trail. The immediate trade area features both national and regional retailers, including Walmart, Albertson’s, Harley Davidson, Camping World, etc along with a plethora of both QSRs and hospitality properties that drive consistent consumer traffic to the area. The Property also benefits from a strong residential base, with ±53,627 residents with an average household income of ±$91,568 in a 3-mile trade area and over 98k residents with an affluent AHHI of ±$97,286 within 5-miles, further enhancing the area’s retail potential.