1511 Lincoln St, Concordia, KS 66901

LONG-TERM SALE LEASEBACK: Subway will sign a brand-new, 15-year Absolute NNN Lease with three (3), 5-year renewal options at the close of escrow.

ATTRACTIVE RENT INCREASES: The lease features attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation.

ZERO LANDLORD RESPONSIBILITIES: The Subway lease is Absolute NNN and requires zero landlord responsibilities. The tenant is solely responsible for real estate taxes, insurance, common area maintenance, and capital repairs and replacements, making it an attractive investment for the passive real estate investor.

STRONG STORE SALES: Subway has historically performed well at this location with strong reported Store Sales. This location had 2025 sales of $611,814.34, with a rent to sales ratio of 5.88%.

OPERATOR: This location is owned and operated by Hoffman Subs Inc., a 2-unit Subway franchisee. Subway is the global leader in sandwiches with more than 37,000 locations around the world. Subway was acquired by Roark Capital in 2024 in a deal valued at more than $9 Billion.

STRATEGIC RETAIL LOCATION: Subway is prominently located along Lincoln Street (US Highway 81), one of Concordia’s primary commercial and commuter routes. The Property is positioned along the city’s main retail corridor and is surrounded by traffic-driving national and regional retailers and restaurants including Walmart Supercenter, Dollar Tree, Dollar General, O’Reilly Auto Parts, McDonald’s, Sonic and Arby’s. Convenient to Concordia’s residential neighborhoods, schools, and North Central Kansas Medical Center (Hospital), the Property benefits from a strong built-in customer base and excellent frontage and visibility along US Highway 81. Subway’s proximity to the junction with KS Route 9 provides excellent regional connectivity. Nearby attractions such as Blosser Municipal Airport and Cloud Community College further support consistent area demand.

TRAFFIC COUNTS: Approximately 12,500 vehicles pass the Property each day along Lincoln Street (US Highway 81).

RETAIL TRADE AREA: Retailers bringing consumers to the retail trade area include Walmart Supercenter, Bomgaars, AuBurn Pharmacy, Dollar Tree, Dollar General, O’Reilly Auto Parts, Verizon, McDonald’s, Sonic, Arby’s, Dairy Queen Grill & Chill, Scooter’s, Taco John, Pizza Hut and Casey’s.