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Single-Tenant Retail Building with Long Lease
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208 W Guava St, Lady Lake, FL 32159

Long-term Subway lease through 2034 with annual 3% rent increases in a standalone retail building with dedicated parking.

Property Size1,237 SF
Price / SF$505.25
Days on Market59

Property Features for 208 W Guava St

General Information

Standard status Active
Size 1,237 SF
Property subtype Retail
Listing Agency: Silber Investment Properties Ltd
Listed By: Chris Madlon · License #10401375311
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Aug 4 at 12:24PM

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 Silber Investment Properties Ltd

Investment Insights

Based on property information with market context.

This stand-alone retail building is leased to Subway under a long-term agreement through 08/31/2034, with 3% annual rent increases. The footprint is described as highly functional for a quick-service restaurant operator, supporting day-to-day operations. Under the lease structure, the tenant is responsible for the majority of operating expenses, including HVAC, plumbing, electrical, utilities, interior maintenance, trash removal, pest control, and general property upkeep. Landlord responsibilities are limited to roof and structural repairs.

The property is located in Lady Lake, Florida, directly adjacent to The Villages, and offers convenient access and dedicated parking. The building’s retail orientation is also described as providing strong visibility, designed for storefront-serving use.

For buyers or investors, the key takeaway is an in-place, long-duration retail/restaurant lease with scheduled 3% annual rent increases through 08/31/2034. The expense structure also shifts most recurring costs to the tenant, leaving landlord oversight primarily focused on roof and structural maintenance. The asset’s standalone configuration and quick-service-friendly layout may appeal to owners looking for a retail property tied to a national QSR brand with a defined term.

Key Highlights

  • Long‑term Subway lease in place through 08/31/2034 with 3% annual rent increases
  • Standalone retail building with dedicated parking and a highly functional footprint for a national quick‑service restaurant operator
  • Tenant is responsible for the majority of operating expenses, including HVAC, plumbing, electrical, utilities, interior maintenance, trash removal, pest control, and general upkeep

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Restaurant Parking Lot & Garage Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
11,008 visits/mo 0.4 miles

Demographics for 32159, FL

30,455
Population
19,670
Households
1.5
Avg Household Size
69
Median Age
29%
College-Educated
95%
High-School Grad
30.2 sq mi
ZIP Area
1,008
Density / Sq Mi
$57,536
Median Household Income
$30,723
Median Earnings
$1,370
Median Rent
$272,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Long-term Subway lease through 2034 with annual 3% rent increases in a standalone retail building with dedicated parking.
Where is this storefront property located?
The property is located at 208 W Guava St Lady Lake, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Long‑term Subway lease in place through 08/31/2034 with 3% annual rent increases; Standalone retail building with dedicated parking and a highly functional footprint for a national quick‑service restaurant operator; Tenant is responsible for the majority of operating expenses, including HVAC, plumbing, electrical, utilities, interior maintenance, trash removal, pest control, and general upkeep
More about this property
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