Listed by Marcus & Millichap - Milwaukee, Marcus & Millichap - Minneapolis
$1,095,550
Subway Portfolio - 4 Stores in MN at 9% Cap Rate
Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,950
Cap Rate 9%
NOI $98,622
Occupancy 100%
Tenancy Single
Brand/Tenant Subway
Lease Type NN
Lease Expiration 06/29/2032
Remaining Term 6
Price per SqFt $221
Broker Co-Op Yes
Year Built 1993 - 2003
Buildings 4
Stories 1
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Newly Extended Leases | 9% Cap Rate
Marketing description
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 recently extended all four leases for five years, confirming their commitment to each location. The leases are double-net with rent increases in each option.
Investment highlights
- Four Store Subway Portfolio in Towns Surrounding Rochester, MN
- All Four Just Signed Early Five Year Renewals, Confirming Tenant's Commitment to Each Location
- Double Net Leases through 2031 and 2032
- Long Term Occupancy Since 1991 - 2003
Listing Contacts
Listed by Marcus & Millichap - Milwaukee, Marcus & Millichap - Minneapolis
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,622.00
$8,218.50/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
Map
Zoning
B-2 CommercialSpecial CommercialHighway Business District
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View all 27 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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