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Restaurant

Subway - Part of 3 Location Portfolio

100 S Main St, Stewartville, MN 55976

Listing Price: $254,000

Cap Rate
10.24%
Tenant Name
Subway
Years Remaining On Lease
6.1
Guarantor
Local Franchisee
Rentable SF
900
Lease Type
Double Net
Rent Per Square Feet
$30.25

Investment Overview

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

Investment Highlights

  • Part of a Three Store Subway Portfolio - All Three Recently Signed Early Five Year Renewals, Confirming Tenant's Commitment to Each Location
  • Condo Unit with a Double Net Lease through November 2032
  • Long Term Occupancy Since 1991

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Restaurant

Subway - Part of 3 Location Portfolio

Listing Price: $254,000

Cap Rate
10.24%
Tenant Name
Subway
Years Remaining On Lease
6.1
Guarantor
Local Franchisee
Rentable SF
900
Lease Type
Double Net
Rent Per Square Feet
$30.25

Investment Highlights

  • Part of a Three Store Subway Portfolio - All Three Recently Signed Early Five Year Renewals, Confirming Tenant's Commitment to Each Location
  • Condo Unit with a Double Net Lease through November 2032
  • Long Term Occupancy Since 1991

Investment Overview

Marcus & Millichap is pleased to present this portfolio of three Subways in St. Charles, Stewartville and Caledonia, MN. Subway has operated at each location for over 20 years and recently extended all three 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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