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Investment Highlights

  • Existing Drive Thru
  • ±1,940 SF endcap with excellent frontage and signage
  • Positioned within Greenfield’s primary retail node, just south of Rockford Highschool
  • Former Subway - Plug-and-Play restaurant opportunity
  • Signalized intersection location along Hwy 55
  • Serves Greenfield, Rockford, and western Hennepin County commuters

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,940 SF
Building Class
B
Year Built
2005
Price
$1,200,000
Price Per SF
$618.56
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.74 AC
Parking
20 Spaces (10.31 Spaces per 1,000 SF Leased)
Frontage
153’ on Highway 55

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Lake Sarah Dental Pllc
  • Health Care and Social Assistance
  • -
  • -
  • Triple Net
  • Oct 2017
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

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
Lake Sarah Dental Pllc Health Care and Social Assistance - - Triple Net Oct 2017
Accommodation and Food Services - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 1,940 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
Ground 1,940 SF Retail - Now

Ground

Size
1,940 SF
Space Use
Retail
Position
-
Available
Now
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
28-119-24-43-0005
Land Assessment
$230,000
Improvements Assessment
$620,000
Total Assessment
$850,000
  • Listing ID: 40216605

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 7500 Highway 55, Greenfield, MN 55373

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