NNN Restaurant
507 Vista Dr, Caledonia, MN 55921
For Sale
New
$164,500
Subway has operated at all three locations for over 20 years, and each lease was recently extended for five years.
Property Size1,250 SF
Price / SF$131.60
Days on Market2
Property Features for 507 Vista Dr
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Cap Rate
Amenities
Part of a Three Store Subway Portfolio - All Three Recently 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
Listing Agency:
Marcus & Millichap - Milwaukee
Listed By:
Jeff Rowlett · License IL 471.016866
(262) 364-1924
Source:
Marcusmillichap
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 1:50PM
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
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Investment Insights
Based on property information with market context.
This NNN restaurant portfolio comprises three Subway locations in St. Charles, Stewartville, and Caledonia, Minnesota. The Caledonia property is listed at 1,250 square feet and is located at 507 Vista Dr.
Subway has operated at each location for more than 20 years. All three leases were recently extended for five years.
Subway has operated at each location for more than 20 years. All three leases were recently extended for five years.
Key Highlights
- Three Subway locations in St. Charles, Stewartville, and Caledonia, Minnesota
- Subway has operated at each location for over 20 years
- All three leases recently extended for five years
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
27k
Monthly Visits Nearby
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - Subway has operated at all three locations for over 20 years, and each lease was recently extended for five years.
Where is this nnn property located?
The property is located at 507 Vista Dr Caledonia, MN.
What is the asking price?
The asking price for this property is $164,500.
What are key features of this property?
This property features: Three Subway locations in St. Charles, Stewartville, and Caledonia, Minnesota; Subway has operated at each location for over 20 years; All three leases recently extended for five years
