Subway Retail Center
Multi-Tenant Retail Sale | 4,812 SF
Marketing description
Introducing a prime investment opportunity: a 4,812 square-foot multi-tenant retail center located at the iconic "Y" intersection in South Lake Tahoe. Built in 1974, this four-unit retail building boasts high visibility and is anchored by well-established tenants, including Subway, with a McDonald’s adjacent to the property. Positioned across from the rapidly expanding Sugar Pine Village, a development featuring 248 residential units, this property is ideally situated to benefit from increasing foot traffic and commercial activity in the area.
The center is fully leased with long-term tenants in place, each benefiting from 3% annual rent increases, providing stable income growth. A brand-new roof was completed in the September of 2024. With high barriers to entry and limited new development in the area, this property offers investors solid income generation and long-term protection for their investment. Seller financing may also be available.
Investment highlights
- +/-4,812 SF retail center at South Lake Tahoe’s busy "Y" intersection, anchored by Subway and adjacent to McDonald’s.
- Located across from the expanding 248-unit Sugar Pine Village, driving future foot traffic.
- Long-term tenants in place, ensuring stable income for investors.
- Tenants have 3% annual rent bumps, providing consistent revenue growth.
- Limited new development in the area ensures long-term investment security.
- Brand new roof was completed in September of 2024.
- Seller Financing may be available.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
