Subway - Net Lease Property for Sale
Henderson, KY
Key Investment Metrics
Price
$1,000,000
Cap Rate
6.0%
Net Operating Income
$60,000
Building Size
1890 SF
Lot Size
1,890 SF
Land Area
0.55 Acres
Lease Term
15 years
Lease Type
Absolute NNN
Year Built
2009
Occupancy
100%
Tenancy
Single
Rent Increases
10%/5-Years
About This Subway Net Lease Property
This Subway NNN (triple net lease) property is located in Henderson, KY and represents an excellent investment opportunity for commercial real estate investors. The property features 1890 square feet of building space and was built in 2009.
With a cap rate of 6.0%, this Subway net lease property offers stable income potential. The asking price is $1,000,000, making it an attractive option for 1031 exchange investors seeking quality Subway commercial properties.
Why Invest in Subway NNN Properties?
- Stable Income: Subway net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Subway is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Henderson, KY Market Overview
Located in Henderson, KY, this Subway property benefits from strong local demographics and market fundamentals. The Henderson area offers excellent visibility and accessibility, making it an ideal location for Subway operations and a solid investment for net lease property buyers.