Subway Investment Property with
For Sale
Contact for pricing
1511 Lincoln St, Concordia, KS 66901
Single-tenant Subway with a new 15-year absolute NNN lease.
Property Size1,914 SF
Lot Size0.42 Acres
Price / SF$268.70
Days on Market147
Property Features for 1511 Lincoln St
General Information
Standard status
Active
Size
1,914 SF
Lot size
0.42 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$36,000
Building Details
Year Built
1993
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Jack Collins · License #475.204707
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 11 at 7:17AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The property is a single-tenant Subway investment property located at 1511 Lincoln Street in Concordia, Kansas. It features a single-story, 1,914 square-foot building with a drive-thru on a 0.42-acre lot. Subway will sign a new 15-year Absolute NNN Lease with three 5-year renewal options at the close of escrow. The lease includes 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. The property occupies a highly visible location along Lincoln Street (US Highway 81), a primary commercial and commuter corridor in Concordia. Situated within the city’s main retail corridor, the property is surrounded by traffic-generating national and regional retailers, including Walmart Supercenter, Dollar Tree, Dollar General, and O’Reilly Auto Parts. It benefits from close proximity to Concordia’s residential neighborhoods, area schools, and North Central Kansas Medical Center, providing a reliable local customer base. The property offers strong exposure along US Highway 81 and convenient access to the nearby junction with KS Route 9, enhancing regional connectivity. Additional nearby demand drivers include Blosser Municipal Airport and Cloud County Community College, contributing to steady activity in the surrounding area and further supporting the property’s strategic location within the Concordia market. This property is suitable for drive-through restaurants, restaurants, and retail space.
Key Highlights
- New 15‑year Absolute NNN Lease with Subway at close of escrow, providing stable long‑term income.
- Attractive 10% rent increases every five years throughout the primary lease term and renewal options.
- Highly visible location on Lincoln Street (US Highway 81), a primary commercial corridor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
91k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 27%
Home Improvements & Furnishings 8%
Hotels & Casinos 3%
McDonald's
Dining
18,669 visits/mo
0.1 miles
Concordia
Shops & Services
16,194 visits/mo
0.1 miles
SONIC Drive In
Dining
8,916 visits/mo
0.2 miles
Bomgaars
Home Improvements & Furnishings
7,095 visits/mo
0.2 miles
Taco John's
Dining
6,890 visits/mo
0.5 miles
Demographics for 66901, KS
6,294
Population
2,998
Households
2.1
Avg Household Size
39
Median Age
22%
College-Educated
95%
High-School Grad
253.0 sq mi
ZIP Area
25
Density / Sq Mi
$58,600
Median Household Income
$34,926
Median Earnings
$698
Median Rent
$105,700
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?
Drive through restaurant - Single-tenant Subway with a new 15-year absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 1511 Lincoln St Concordia, KS.
What is the asking price?
The asking price for this property is $514,285.
What are key features of this property?
This property features: New 15‑year Absolute NNN Lease with Subway at close of escrow, providing stable long‑term income.; Attractive 10% rent increases every five years throughout the primary lease term and renewal options.; Highly visible location on Lincoln Street (US Highway 81), a primary commercial corridor.
