Subway - Net Lease Property for Sale
Lady Lake, FL
Key Investment Metrics
Price
$625,000
Cap Rate
6.3%
Net Operating Income
$39,552
Building Size
1237 SF
Lot Size
1,237 SF
Land Area
0.29 Acres
Remaining Term
8.1 years
Lease Expiration
08/31/2034
Lease Type
NN
Tenant Credit
Credit Rated, Franchisee
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
3% Annually
About This Subway Net Lease Property
This Subway NNN (triple net lease) property is located in Lady Lake, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 1237 square feet of building space.
With a cap rate of 6.3%, this Subway net lease property offers stable income potential. The asking price is $625,000, 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.
Lady Lake, FL Market Overview
Located in Lady Lake, FL, this Subway property benefits from strong local demographics and market fundamentals. The Lady Lake area offers excellent visibility and accessibility, making it an ideal location for Subway operations and a solid investment for net lease property buyers.