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Restaurant

Subway - Part of 4 Location Portfolio

507 Vista Dr, Caledonia, MN 55921

Listing Price: $196,000

Cap Rate
8.27%
Tenant Name
Subway
Years Remaining On Lease
5.7
Guarantor
Local Franchisee
Rentable SF
1,250
Lease Type
Double Net
Rent Per Square Feet
$12.96

Investment Overview

Marcus & Millichap is pleased to present this portfolio of four Subways in Byron, St. Charles, Stewartville and Caledonia, MN. Subway has operated at each location for over 20 years and just extended all four leases for five years, confirming their commitment to each location.

Investment Highlights

  • Part of a Four Store Subway Portfolio - All Four Just Signed Early Five Year Renewals, Confirming Tenant's Commitment to Each Location
  • Double Net Lease through December 2031
  • Long Term Occupancy Since 1994

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Restaurant

Subway - Part of 4 Location Portfolio

Listing Price: $196,000

Cap Rate
8.27%
Tenant Name
Subway
Years Remaining On Lease
5.7
Guarantor
Local Franchisee
Rentable SF
1,250
Lease Type
Double Net
Rent Per Square Feet
$12.96

Investment Highlights

  • Part of a Four Store Subway Portfolio - All Four Just Signed Early Five Year Renewals, Confirming Tenant's Commitment to Each Location
  • Double Net Lease through December 2031
  • Long Term Occupancy Since 1994

Investment Overview

Marcus & Millichap is pleased to present this portfolio of four Subways in Byron, St. Charles, Stewartville and Caledonia, MN. Subway has operated at each location for over 20 years and just extended all four leases for five years, confirming their commitment to each location.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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