Scooter's Coffee
Retail | 7.00% CAP | 660 SqFt
Marketing description
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Scooter’s Coffee investment property located in Louisville, Kentucky. The tenant, Scooter’s Coffee has approximately 4.5 years of term remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Investment highlights
Personally Guaranteed Ground Lease | Options To Extend | Scheduled Rental Increases | Diversified Income Streams
Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Dixie Manor | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
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