Subway Restaurant with Extended
For Sale
$196,000
507 Vista Dr, Caledonia, MN 55921
The tenant has operated at this location for over 20 years and recently extended the lease for five years.
Property Size1,250 SF
Price / SF$156.80
Days on Market156
Property Features for 507 Vista Dr
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Restaurant
Lease Type
NN
Amenities
Part of a Four Store Subway Portfolio - All Four Just Signed Early Five Year Renewals, Confirming Tenant's Commitment to Each Location
Double Net Lease through December 2031
Long Term Occupancy Since 1994
Building Details
Building Size
1,250 SF
Buildings
4
Listing Agency:
Marcus & Millichap - Milwaukee
Listed By:
Jeff R. Rowlett · License #License(s): WI: 74743-94, IL: 471.016866
(262) 364-1924
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 31 at 3:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Milwaukee
Investment Insights
Based on property information with market context.
This conventional restaurant is part of a four-location Subway portfolio spanning Byron, St. Charles, Stewartville, and Caledonia, Minnesota. The Caledonia property is located at 507 Vista Dr and has a reported property size of 1,250.
Subway has been operating at each portfolio location for over 20 years. All four leases were recently extended for five years, providing a defined lease term across the portfolio. The offering combines an established restaurant tenant with locations in four Minnesota communities.
Subway has been operating at each portfolio location for over 20 years. All four leases were recently extended for five years, providing a defined lease term across the portfolio. The offering combines an established restaurant tenant with locations in four Minnesota communities.
Key Highlights
- Four‑location Subway portfolio in Byron, St. Charles, Stewartville, and Caledonia, MN
- Subway has operated at each location for over 20 years
- All four leases recently extended for five years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
Kwik Trip
Shops & Services
16,607 visits/mo
0.2 miles
Dollar General
Shops & Services
4,908 visits/mo
0.2 miles
Sinclair
Shops & Services
2,275 visits/mo
0.4 miles
SUBWAY
Dining
1,761 visits/mo
0.1 miles
BMO Harris Bank
Shops & Services
1,000 visits/mo
0.5 miles
Demographics for 55921, MN
4,808
Population
2,278
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
94%
High-School Grad
175.2 sq mi
ZIP Area
27
Density / Sq Mi
$76,679
Median Household Income
$49,276
Median Earnings
$825
Median Rent
$189,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The tenant has operated at this location for over 20 years and recently extended the lease for five years.
Where is this conventional restaurant located?
The property is located at 507 Vista Dr Caledonia, MN.
What is the asking price?
The asking price for this property is $196,000.
What are key features of this property?
This property features: Four‑location Subway portfolio in Byron, St. Charles, Stewartville, and Caledonia, MN; Subway has operated at each location for over 20 years; All four leases recently extended for five years
