www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27362656
27362657

422 S Washington St, New Paris, OH 45347

DB
OH BRKP.2020008390, MI 6502378067
Encore Real Estate Investment Services
NY
MI 6501447447
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$309,999
240 days on market
Updated 26 days ago

Subway

Details
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 1,548
Cap Rate 7.49%
NOI $23,220
Occupancy 100%
Tenancy Single
Brand/Tenant Subway
Lease Type NN
Lease Term 15
Lease Expiration 08/31/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options Three (3) - Five (5) Year Options
Price per SqFt $200
Year Built 1954
Buildings 1
Acreage 0.820
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2013

For Sale

Marketing description

Introducing SUBWAY at 422 S Washington St in New Paris, OH. This commercial property presents an exceptional investment opportunity.

The location is primed for a business looking to capitalize on high traffic volume and visibility in a bustling area. Owned and listed by Encore Real Estate Investment Services, SUBWAY boasts promising potential for the astute investor. With close proximity to amenities and a well-established brand, this property offers a solid foundation for business success.

For those seeking a strategic venture in the heart of New Paris, this property ticks all the boxes. Discover the possibilities and envision the future of your business at 422 S Washington St. Take advantage of this privileged opportunity to own a property that is sure to make a mark in this thriving community.

For more information on this exciting offering, reach out to our dedicated team at Encore Real Estate Investment Services. Don't miss out on the chance to secure your investment in this prime location.

Investment highlights

  • 3+ Year Lease | Stable Cash Flow Investment | Minimal Landlord Responsibilities | Three (5-Year) Options To Renew w/ Increase

  • 2% Annual Increases In The Options Providing a Strong Hedge Against Inflation

  • Attractive Low Rent / Price Point | Recession/Depression Proof

  • Minimal Competition in Immediate Market | Dominant QSR in Trade Area

  • 6.6 Miles to Richmond, IN

  • Two Points of Ingress/Egress on S Washington St

  • Average Household Income in 3 Miles Exceeds $71,000

  • Over 21,522 People in a 5-Mile Radius

  • Location Benefits from Subway's Latest Fresh Forward Prototype

  • Lease Backed by Vision Investment Group | An Established 50+ Unit Operator Based in Bluffton, IN

Listing Contacts

DB
OH BRKP.2020008390, MI 6502378067
Encore Real Estate Investment Services
NY
MI 6501447447
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$23,220.00
$1,935.00/mo

Valuation Metrics

0
DSCR
7.49%
Cap Rate
7.49%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Deno Bistolarides
License
BRKP.2020008390
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591