Property profile

2 Store Miami, FL 33184

OFF-MARKET
Retail properties & Spaces
2,978 SF Built 2020
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Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving, two-store Subway franchise package in Miami, Florida. Established in 2020, these fully remodeled restaurants boast a combined 2,978 square feet and are situated in high-demand strip centers with excellent visibility and neighboring businesses. The properties benefit from long-term leases, expiring September 30, 2031, with options to extend. Monthly lease payments, inclusive of all CAM fees, total $9,376.67 ($5,343.35 and $4,033.62 respectively). The business has demonstrated significant profitability, generating over $801,065.94 in gross revenue and over $129,716.10 in owner benefit. Included in the sale are all existing equipment and fixtures, such as tables, chairs, ice machines, display cases, prep tables, POS systems, and more. The franchise offers two weeks of managerial training, ensuring a smooth transition for the new owner. This turnkey operation eliminates the extensive time and cost associated with new construction, allowing for immediate revenue generation. The asking price for this established, profitable, and absentee-owned franchise package is $216,000. This is a rare opportunity to enter the fast-food franchise market with a proven track record and significant growth potential. The seller is motivated and ready to transition ownership.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2020
Total area 2,978 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Store Miami, FL 33184
Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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