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Restaurant

Subway Drive-Thru | Brand-New 15-Yr Abs. NNN Lease | 10% Increases | High-Traffic U.S. 60 Corridor

1725 S Green St, Henderson, KY 42420

Listing Price: $900,000

Cap Rate
6.00%
Tenant Name
Subway
Years Remaining On Lease
15.0
Guarantor
Personal Guarantee
Rentable SF
2,835
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.05

Investment Overview

Marcus & Millichap is pleased to present a freestanding, drive-thru Subway located along the high-traffic South Green Street / U.S. 60 commercial corridor in Henderson, Kentucky. This corridor serves as one of the city’s primary retail and commuter routes, offering strong daily traffic volumes and direct connectivity to U.S. 41, Interstate 69, and major retail destinations throughout the region.

A brand-new 15-year absolute NNN lease will commence at the Close of Escrow, providing investors with zero landlord responsibilities, predictable passive income, and built-in rent growth through 10% increases every five years. The lease is backed by a High Net Worth Personal Guaranty, enhancing credit strength and long-term stability.

The ±2,835 SF building sits on a large ±2.03-acre parcel, offering excellent visibility, convenient ingress/egress, and a drive-thru positioned to capture consistent QSR demand. Surrounded by national retailers, residential neighborhoods, and employment centers, the property benefits from a stable customer base and strong year-round traffic patterns along U.S. 60.

As part of the broader Subway Kentucky Portfolio, this asset provides investors with exposure to one of the world’s most recognized QSR brands, with more than 37,000 global locations, and a proven, recession-resilient operating model.

Investment Highlights

  • Brand-New 15-Year Absolute NNN Lease
  • Prime U.S. 60 Corridor Location
  • Freestanding QSR with Drive-Thru
  • Strong Surrounding Demographics
  • Proximity to Major Regional Infrastructure Investments

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Restaurant

Subway Drive-Thru | Brand-New 15-Yr Abs. NNN Lease | 10% Increases | High-Traffic U.S. 60 Corridor

Listing Price: $900,000

Cap Rate
6.00%
Tenant Name
Subway
Years Remaining On Lease
15.0
Guarantor
Personal Guarantee
Rentable SF
2,835
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.05

Investment Highlights

  • Brand-New 15-Year Absolute NNN Lease
  • Prime U.S. 60 Corridor Location
  • Freestanding QSR with Drive-Thru
  • Strong Surrounding Demographics
  • Proximity to Major Regional Infrastructure Investments

Investment Overview

Marcus & Millichap is pleased to present a freestanding, drive-thru Subway located along the high-traffic South Green Street / U.S. 60 commercial corridor in Henderson, Kentucky. This corridor serves as one of the city’s primary retail and commuter routes, offering strong daily traffic volumes and direct connectivity to U.S. 41, Interstate 69, and major retail destinations throughout the region. A brand-new 15-year absolute NNN lease will commence at the Close of Escrow, providing investors with zero landlord responsibilities, predictable passive income, and built-in rent growth through 10% increases every five years. The lease is backed by a High Net Worth Personal Guaranty, enhancing credit strength and long-term stability. The ±2,835 SF building sits on a large ±2.03-acre parcel, offering excellent visibility, convenient ingress/egress, and a drive-thru positioned to capture consistent QSR demand. Surrounded by national retailers, residential neighborhoods, and employment centers, the property benefits from a stable customer base and strong year-round traffic patterns along U.S. 60. As part of the broader Subway Kentucky Portfolio, this asset provides investors with exposure to one of the world’s most recognized QSR brands, with more than 37,000 global locations, and a proven, recession-resilient operating model.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

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