NOTE: This listing is for the building ONLY. The Subway franchise is not for sale. This an excellent long term investment. Current lease expires on September 30th, 2027 with a five year option to renew. The tenant has indicated they would prefer to extend the renewal option to ten years talking it to September 30th, 2037. The lease will be provided under due diligence after the buyer agrees to an NDA. The building is in top notice shape and the lease is exceedingly fair and reasonable. (id:47421)
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Detailed Information
Amenities Nearby
Shopping
Community Features
High Traffic Area, Industrial Park
Listing Contract Date
2024-06-07
Location Description
Main Street, Springhill
Municipal ID
25233040
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Restaurant
Business Subtype
Restaurant
Building
Amenities
Air Conditioning
Constructed Date
2011
Construction Material
Wood frame
Cooling Type
Heat Pump
Fire Protection
Alarm system, Smoke Detectors
Flooring Type
Other
Total Finished Area
1825 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Paved Yard
Land
Total Size
0.2761 acres
Access Type
Rail access
Amenities
Shopping
Disposition Features
Cleared
Size of Irregular Land
0.2761
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