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| Price $339,000 | Built/Renov 1954 | Tenant Subway |
| Cap Rate 6.85% | Lease Type
Double NN | Guarantor Corporate |
| Size/SF
1,548
| Lease Start
09-01-2013
| #Units
37,000
|
| Price/SF $218.99 | Expiration
08-31-2028
| Tenant Type Fast Food/QSR |
| NOI $23,220 | R. Term 2.11 | Ownership |
| Rent/SF
$15.00
| Increases 2.0%/0/yrs | Pop 5Mi 21,522 |
| Lot/AC 0.82 | Options 3/5yrs/2% | AHHI 5Mi $69,358 |
| | |
Subway at 422 S Washington St is strategically located along South Washington Street in New Paris, Ohio, with access to local traffic flow (two ingress/egress points noted). The site has minimal competition in the immediate trade area, positioning Subway as the dominant quick-service restaurant nearby. The property is located near residential communities and benefits from local town-serving...
...Extensive TI’s
In location for years
Major thoroughfare
Highway location
Strong demographics
Long operation history
Favorable NN+ lease
50+ unit franchisee backed
Top franchise operator
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 1,787 | 3,698 | 16,828 |
| 2025 Total Population : | 1,804 | 3,735 | 16,962 |
| 2025 Employed Civilian Pop : | 829 | 1,811 | 7,394 |
| 2025 Total Businesses : | 42 | 198 | 660 |
| 2025 Average Household Income : | $ 67,738 | $ 76,627 | $ 90,948 |
| 2025 Total Consumer Spending : | $ 47 M | $ 106 M | $ 595 M |
| 2025 Median Age : | 43 | 45 | 44 |
| 2025 Total Households : | 786 | 1,566 | 7,466 |
| 2025 Pop Age 25+: Bachelor's Degree : | 134 | 314 | 1,728 |
| 2025 Average Home Value : | $ 143,236 | $ 203,574 | $ 243,389 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Washington Street | 2019 | 2,890 | 0.01 mi | |
| South Washington Street | Dee Dr | 2021 | 3,173 | 0.01 mi |
| S Washington St | W Cherry St | 2018 | 3,556 | 0.27 mi |
| East Cherry Street | S Spring St | 2021 | 978 | 0.28 mi |
| State Route 320 | Difederico Dr | 2004 | 5,280 | 0.31 mi |
| West Cherry Street | Water St | 2021 | 1,754 | 0.31 mi |
| North Washington Street | E Walnut St | 2021 | 3,360 | 0.40 mi |
| WASHINGTON ST | E Walnut St | 2020 | 2,906 | 0.43 mi |
| East Walnut Street | Hutton St | 2021 | 805 | 0.49 mi |
| New Paris Pike | State Rte121 | 2004 | 1,960 | 0.56 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
