Subway restaurant chain targeting Ann Arbor for new locations
Fast-food chain Subway, which already has the most locations of any restaurant in the world, appears to be targeting Ann Arbor as a market opportunity.
Another Subway franchise is soon coming to Ann Arbor on North Maple Road just south of the Miller Avenue intersection.
It's the fourth new store Subway has said it would open in Ann Arbor within the last year, adding to about a dozen already here.
Franchise owner Mike Heffner signed a deal for the 1,100-square-foot space at 1251 N. Maple Rd. last week. The restaurant will be located in a 2,200-square-foot redeveloped building registered to the Lagos Investment Company, LLC.
Photo from loopnet.com
The space was listed with Jim Chaconas and Brendan Cavender of Colliers International for an annual asking rate of $27 per square foot.
Cavender said that with Subway taking half of the building, he has received interest from other tenants in the remaining space.
“We've had a lot of interest from other food users,” Cavender said. “They like the close proximity to the new high school and neighboring subdivisions. Everyone was waiting for the Subway deal to get done first.”
Franchise owner Heffner owns several Subway locations, including the long-awaited restaurant in the Platt Retail Center.
Heffner could not be immediately reached for comment regarding the status of the Platt Road location or the new Maple Road franchise.
Among the Subway additions in Ann Arbor:
--Subway was selected as an anchor of the cafe at the University of Michigan Health System’s new C.S. Mott Children’s and Von Voigtlander Women’s Hospital, which is set to open in November
--A Subway opened earlier this year in downtown Ann Arbor’s 4 Eleven Lofts on Washington Street.