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Get In TouchSubway – Rome, GA
Subway
3194 Martha Berry Highway, Rome, GA 30165, USA
Sands Investment Group is pleased to exclusively offer for sale a 2,100 SF Subway NN Asset located at 3194 Martha Berry Highway NE in Rome, GA. The lease structure includes 10% rent increases every 5 years, including option periods, providing a reliable hedge against inflation. Strategically positioned along Highway 27 (Martha Berry Highway), the property benefits from exceptional visibility and exposure to more than 23,000 vehicles per day, ensuring a steady flow of customer traffic.
- Subway is the largest single-brand restaurant chain and the largest restaurant operator in the world.
- 10% rent increases every 5 years (including option periods), providing a healthy hedge against inflation.
- Subway has over 37,000 locations in more than 102 countries.
- Strategically located off of Highway 27 (Martha Berry Hwy), which sees over 23,000 vehicles per day.
- Rome is the largest city and the county seat of Floyd County and is the largest city in Northwest Georgia.
- Located just 0.5 miles from Glenwood Primary School, which serves over 500 students.
- Nearby national retailers include: McDonald’s, Taco Bell, Arby’s, Waffle House, Bojangles, Wendy’s, Zaxby’s, Jack’s, O’Reilly Auto Parts, United Rentals, and more!
In Cooperation With Sands Investment Group Atlanta, LLC – Lic #67374 BoR: Andrew Ackerman Lic. GA #311619
Subway
3194 Martha Berry Highway, Rome, GA 30165, USA
SUBWAY
As the global sandwich leader, Subway serves freshly made sandwiches at a great value to millions of guests around the world in nearly 37,000 restaurants every day. Subway® restaurants are owned and operated by a network of thousands of dedicated Subway franchisees who are passionate about consistently delivering a high-quality, convenient guest experience and contributing positively to their local communities. Subway is known for its “Eat Fresh” slogan and customizable sandwiches, offering a wide variety of bread, meats, cheeses, vegetables, and condiments. Founded in 1965 as “Pete’s Super Submarines” by Fred DeLuca and Peter Buck, it has grown to become one of the world’s largest fast-food chains.
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Price
$375,375
Cap Rate
8.00%
PREMISES
2,100 SF
RENEWAL OPTIONS
2 x 5 Year Options
Lease Expiration
08/31/2026
Lease Type
NN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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