This brand new construction Scooter’s Coffee asset opened in September 2023. The investment offers a rare 10 Year Corporate Guaranteed Absolute NNN Lease with four 5-year renewal options and fixed 10% rent increases every 5 years. The subject property is ideally located in a prime retail trade area off of Hwy 51, a major retail thoroughfare. The newly constructed site sits on 0.714 acre lot with excellent visibility, access, and frontage. The subject property is within 1 mile from Huntington Estates, a single family home community that is currently under construction and is less than 2 miles from Forked River Commons, a $58MM shopping center that opened in 2024 with several national retail brands. The site is less than 0.5 miles from Kroger anchored shopping center and is nearby several hotels with over 350+ rooms combined in a 2.5 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.
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