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Investment Highlights

  • Long term lease in place with national brand
  • Adjacent 0.34 AC, C-2 parcel included in the sale for future development or expansion
  • Strong regional operator with multiple successful locations

Executive Summary

Exceptional opportunity to acquire a net leased Subway restaurant in the heart of Redmond, Oregon. Strategically positioned in a high-visibility, central location, this investment features a long-term lease with an established credit tenant and experienced multi-unit operator serving the Central Oregon market.
The offering includes a well-maintained 1,815-square-foot drive-thru restaurant situated on a 0.34-acre parcel, along with an adjacent 0.34-acre C-2 zoned lot, providing significant future development, expansion, or investment potential.
Contact listing broker for lease details.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,817 SF
Building Class
C
Year Built
2001
Price
$1,199,000
Price Per SF
$659.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.35 AC
Zoning
C2 - Central Business District (C-2) zoning is intended to preserve and strengthen Redmond's primary downtown commercial core.
Parking
27 Spaces (14.86 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Subway began in 1965 when Fred DeLuca and Peter Buck opened a submarine sandwich shop in Connecticut with a small investment and a handshake. The company grew through franchising and developed from a local sandwich shop into a global restaurant brand serving freshly made sandwiches at a value-oriented price point. Subway’s menu centers on submarine sandwiches and wraps, with additional offerings that include salads, cookies, soft drinks, and selected pizza items at some locations. The business operates through a large franchise network and maintains a significant presence across international markets while continuing to emphasize convenient, customizable meals.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF - Lorem Ipsum -
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Nearby Major Retailers

Dutch Bros
Chase Bank
U.S. Bank
Checkers Pub
Starbucks
Fred Meyer
WaFd Bank
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
183017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$461,510
  • Listing ID: 41360790

  • Date on Market: 7/20/2026

  • Last Updated:

  • Address: 520 NW Fir Ave, Redmond, OR 97756

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