5791 Airline Rd - Fast Food FOR SALE


Arlington, TN 38002
$1,786,000 USD
858-822-9811
5791 Airline Rd, Arlington, TN for Sale
$1,786,000 USD
Fast Food - FOR SALE
1/9
null | 7% Cap Rate

5791 Airline Rd
Arlington, TN 38002


HIGHLIGHTS

  • New 15 Year Absolute NNN Lease with Personal Guaranty
  • Brand New Construction; Tenant Opened October 2024
  • Two 5-Year Options with Fixed 10% Increases Every 5 Years
  • Scooter's Coffee Ranked #2 on Entrepreneur's Franchise 500 List in 2024
  • A Fast Growing U.S. Franchise Brand with Over 800 Locations
  • 0.63 Acre Lot with Drive Thru

OVERVIEW

This brand new construction Scooter’s Coffee asset opened in October 2024. The investment offers a 15 Year Absolute NNN Lease with two 5-year renewal options and fixed 10% rent increases every 5 years. The subject property is strategically placed only 1 mile off Hwy 70 with 13,269 VPD. The newly constructed site sits on 0.63 acre lot with excellent visibility and frontage on Airline Rd with 15,147 VPD. The site is nearby numerous national and local retailers such as Wendy’s, Sonic Drive-In, McDonald’s, Waffle House, Domino’s Pizza, and more. The subject property is less than 1.5 miles of Providence Place, a 45-acre mixed-use development that is currently under construction. The site is within 1.5 miles from brand new 23k SF retail development, The Falls Shopping Center, anchored by Kroger Marketplace. Affluent demographics with average HHI of $128,100+ in 3 mile radius. Scooter’s Coffee is a fast growing U.S. franchise brand with over 800 locations and is ranked #2 on Entrepreneur’s Franchise 500 list in 2024. Watch Property Video: https://vimeo.com/999724387?share=copy

FOR SALE DETAILS

PRICE

$1,786,000 USD

PRICE/SF

$2,690 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooter's Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

-

APN/PARCEL ID

A01-41 - - -00437

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

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