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Subway

$375,000

422 S Washington St, Jefferson Township, OH 45347

Active
Last Updated: 03/29/2025

6.19

Cap Rate

23,220

NOI

Details:
Cap Rate:    6.19%
NOI:    $23,220
Building Size:    1,548 sqft
Lot Area:    0.82 acres
Occupancy:    100%
Year Built:    1954
Floors:    1
Highlights:
  • 3+ Year Lease | Stable Cash Flow Investment | Minimal Landlord Responsibilities | Three (5-Year) Options To Renew w/ Increase
  • 2% Annual Increases In The Options Providing a Strong Hedge Against Inflation
  • Attractive Low Rent / Price Point | Recession/Depression Proof
  • Minimal Competition in Immediate Market | Dominant QSR in Trade Area
  • 6.6 Miles to Richmond, IN
  • Two Points of Ingress/Egress on S Washington St
  • Average Household Income in 3 Miles Exceeds $71,000
  • Over 21,522 People in a 5-Mile Radius
  • Location Benefits from Subway's Latest Fresh Forward Prototype
  • Lease Backed by Vision Investment Group | An Established 50+ Unit Operator Based in Bluffton, IN
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