LONG TERM & BRAND-NEW LEASE – 10-year lease will commence at the COE, providing a long term and stable investment for a new investor. |
ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor. |
RENTAL INCREASES – There are 2% rental increases annually, providing an investor a hedge against inflation. |
FRANCHISE GUARANTEE – The lease is guaranteed by the Franchisee, a strong and growing 13-unit operator looking to expand to more locations. |
MARKET DOMINANT COFFEE CHAIN – Scooter’s Coffee has been in business for more than 20 years and operates 400+ locations across 26 states. |
HIGH TRAFFIC AREA – The subject property is situated on a large corner lot and has excellent visibility along 4th Street with heavy vehicle traffic. |