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Freestanding For Sale • 664 SF
| Brand New Construction/Long Term Lease – Scooter’s Coffee has an initial lease term of 10 years commencing on 5/1/2024 |
| Zero Landlord Obligations – The tenant is on an absolute NNN ground lease allowing for a truly passive investment |
| Options to Extend Lease – Scooter’s Coffee has three, 5-year options to extend the lease |
| Strong Increases – The lease boasts 2% annual rental increases, allowing for a strong hedge against inflation |
| Strong Location – The Scooter’s is located on U.S Highway 19, which is the main artery of Pasco County and sees roughly 69,000 |
| VPD per day making it easily accessible and visible to potential customers. |
| Cap Rate: | 5.60 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tampa International | 45 min | - | 26.6 mi |
| St Pete-Clearwater International | 45 min | - | 26.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 18 |
| Type: | Surface |
| Included in Rent: | Yes |