Building Details

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Listing Agency: Pro real estate services, Inc.

Listed By: Mark Humphreys · License #RM425322 Show Phone

Source: Crexi

Added: Feb 21 Changed: Oct 6 Last Checked: Oct 5 at 3:50PM

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Investment Insights

Based on property information with market context.

A well-established and locally recognized Subway franchise is available for business sale only. The property is located in a prime, high-visibility downtown Milton location on Broadway Street. The operation benefits from strong brand recognition, consistent customer traffic, and excellent street exposure. The sale includes the existing franchise business along with equipment and fixtures, offering a turnkey opportunity. The interior is efficiently designed for food service, featuring customer seating and fully equipped back-of-house preparation areas. This is an ideal opportunity for an owner-operator or investor seeking a proven concept with an established presence and national brand support. The intended use of the property is for a restaurant.

Key Highlights

• Prime, high‑visibility downtown Milton location on Broadway Street
• Established Subway franchise with strong brand recognition
• Consistent customer traffic and excellent street exposure

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,424

Cap Rate

6.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$188,480 $188.5K

Cap Rate 7%

$134,629 $134.6K

Cap Rate 9%

$104,711 $104.7K

Market Conditions

NOI Build-Up for 1,000 SF

Gross rent

$14.0K $14.04/SF

− Vacancy

−$1.5K −$1.47/SF

EGI

$12.6K $12.57/SF

− OpEx

−$3.1K −$3.14/SF

NOI

$9.4K $9.42/SF

Area

Northumberland County, PA

Vacancy

10.50%

Lease Rate

$14.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$188,480

Cap Rate 7%

$134,629

Cap Rate 9%

$104,711

Alternative Uses

Best Use

Specialty Retail

$134.6K

$117.8K – $157.1K (±1% cap)

NOI $9,424 @ 7.0% cap · market cap 6.29%

Second Best

—

—

no second resolved use

Theoretical Best

Warehouse

$1.22M

$1.06M – $1.42M (±1% cap)

NOI $85,175 @ 7.0% cap · market cap 56.82%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility

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

336

Businesses Nearby

25k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 86% Shops & Services 14%

McDonald's Dining

19,778 visits/mo 0.2 miles

M&T Bank Shops & Services

2,408 visits/mo 0.1 miles

SUBWAY Dining

1,609 visits/mo 0.1 miles

Truist Shops & Services

1,031 visits/mo 0.2 miles

Demographics for 17847, PA

11,703

Population

5,341

Households

2.2

Avg Household Size

45

Median Age

17%

College-Educated

93%

High-School Grad

46.3 sq mi

ZIP Area

253

Density / Sq Mi

$56,582

Median Household Income

$36,028

Median Earnings

$835

Median Rent

$185,400

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Subway franchise for sale in high-visibility downtown location.

Where is this conventional restaurant located?

The property is located at 22 Broadway St Milton, PA.

What is the asking price?

The asking price for this property is $149,900.

What are key features of this property?

This property features: Prime, high‑visibility downtown Milton location on Broadway Street; Established Subway franchise with strong brand recognition; Consistent customer traffic and excellent street exposure