3785 King Rd - Fast Food FOR SALE


Toledo, OH 43617
$1,185,185 USD
408-510-9057
3785 King Rd, Toledo, OH for Sale
$1,185,185 USD
Fast Food - FOR SALE
1/6
null | 6.75% Cap Rate

3785 King Rd
Toledo, OH 43617


HIGHLIGHTS

  • Situated on a Signalized Hard Corner, at the Crossroads of King Road (16,393 VPD) and Sylvan Towne Drive Adjacent to a Caress Car Wash
  • Part of the Toledo MSA With a Population of 600,000+ a Mix of Busy Professionals, College Students, and Commuters Who Value Quick, Quality Coffee
  • Brand New 20-Year NNN Lease with No Landlord Responsibilities | Rent Increases of 10% Every 5 Years
  • Operated by a Rapidly Expanding Coffee Group

OVERVIEW

Situated at the signalized hard corner of King Road and Sylvan Towne Drive, this prime Scooter’s Coffee location enjoys excellent visibility and accessibility in a high-traffic area. The property is positioned just behind Timberstone Center, a bustling retail hub anchored by Kroger and complemented by well-known tenants such as Club Pilates, Pizza Hut, and Champion Credit Union. Additionally, the site is adjacent to a Caress Car Wash and surrounded by office buildings, ensuring a steady flow of customers throughout the day. As part of the Toledo MSA, which boasts a population of over 600,000 and sits just 80 minutes south of Detroit, the area presents strong economic fundamentals. With a growing demand for drive-thru specialty coffee in the Midwest—particularly among busy professionals, students, and commuters—this location is strategically positioned for success. This investment opportunity features a brand-new 20-year NNN lease with zero landlord responsibilities, making it a hassle-free, long-term asset. The lease includes 10% rent increases every five years and four five-year extension options, ensuring a steady income stream. Scooter’s Coffee continues to expand rapidly, with over 860 locations across 30 states and a strong commitment to quality and efficiency. The brand’s tagline, “Amazing People, Amazing Drinks, Amazingly Fast!”, reflects its dedication to delivering a superior customer experience. As the company strives to become the leading drive-thru coffee franchise in the U.S., this property offers investors a secure and high-performing addition to their portfolio.

FOR SALE DETAILS

PRICE

$1,185,185 USD

PRICE/SF

$1,785 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooter's Coffee | 20YR NNN Lease | 6.75% CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

31-B2

APN/PARCEL ID

82-05997

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.