Subway | Batteries Plus
Retail | 6.50% CAP | 3,860 SqFt
Marketing description
• 100% leased to two national, service-oriented tenants
• Staggered lease expirations (2026-2027) provide income continuity and reduce rollover risk
• Subway is expected to exercise their 5-year renewal option upon lease expiration in 2026
• Batteries Plus lease extends through October 2027 with 3% annual increases and a 5-year renewal option
• Net lease structure with tenants reimbursing CAM and real estate taxes
• Total CAM reimbursement: ~$29,177 annually (~$7.56 PSF)
• Total real estate tax reimbursement: ~$21,770 annually (~$5.64 PSF)
• Dual-tenant structure provides diversified income stream
Investment highlights
• 100% leased multi-tenant retail asset with national tenants
• Dual income stream diversifies risk across two service-oriented users
• Subway expected to exercise 5-year option with 2% annual increases
• Batteries Plus includes 5-year option with 3% annual increases
• Attractive price point for investors seeking near-term yield with upside
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
