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NNN Scooter's Coffee

NNN Scooter's Coffee

Strong Operator

Plymouth, Wisconsin

$1,360,000

Price

6.50%

Cap Rate

$85,000

NOI


  • ​15-Year Absolute NNN Ground Lease with 10% rent increases every 5 years
  • ​Passive investment with zero landlord responsibilities
  • ​Established Scooter's Coffee site, currently open and operating since 2023
  • ​Land-only ownership with the tenant-built improvements reverting at lease expiration
  • ​Prime visibility and access along Eastern Avenue, Plymouth's primary retail corridor, with daily traffic of 10,500+ VPD
  • ​Nearby retail includes Walmart Supercenter, Fleet Farm, Jimmy John's, Advance Auto Parts and more
  • ​Close proximity to the Walmart Supercenter-anchored retail node
  • Plymouth is a regional center of the national cheese industry, anchored by stable food manufacturing, insurance, and healthcare employment drivers
  • ​Affluent trade area: $95,136 average household income within 5 miles and $92,360 within 3 miles
  • ​Experienced Operator: Hart Family Coffee, LLC operates 16 Scooter's Coffee stores across Wisconsin and South Dakota
  • ​Strong growth pipeline of 40+ locations
  • ​Scooter's Coffee: Established national drive-thru coffee brand with 900+ locations across 32 states

Advisors

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