Scooter's Coffee
6.50% CAP | Absolute NNN | Strong Guarantee
Marketing description
Prime Net Lease is pleased to present a rare opportunity to acquire the fee simple interest in a Scooter’s Coffee location in Taylorville, IL. Built in 2021, this strong-performing property offers a 15-year sale-leaseback by a strong, growing, and profitable 6-unit operator (with 2 additional sites currently under construction) whose sales are steadily rising across the operating entity.
A brand-new, absolute NNN lease will commence at closing, featuring 10% rental increases every 5 years and five successive five-year extension options, each maintaining the same rental escalation structure. With zero landlord responsibilities, the lease offers true long-term passive income for investors.
The subject property is situated on a large corner lot with excellent visibility along E 1500 N Road and W Springfield Rd, a major thoroughfare in the city of Taylorville that sees approximately 15,000 vehicles per day. Surrounding major retailers include ALDI, Walmart, Dollar Tree, and Arby’s, all of which contribute to strong consumer traffic in the area.
Scooter’s Coffee, headquartered in Omaha, NE, operates 850+ locations across 31 states. Founded in 1998, Scooter’s Coffee continues to expand rapidly and establish itself as a powerhouse coffee brand.
Investment highlights
LONG TERM & BRAND-NEW LEASE – 15-year lease will commence at the COE, providing a long term and stable investment for a new investor.
ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor.
RENTAL INCREASES – There are 10% rental increases every 5 years, providing an investor a hedge against inflation.
FRANCHISE GUARANTEE – The lease is backed by a proven 6-unit franchisee, with two additional locations under construction and a clear growth trajectory, demonstrating strong operational stability and expansion plans.
HIGH TRAFFIC AREA – The subject property is situated on a large corner lot and has excellent visibility along E 1500 N Road and W Springfield Rd, a major thoroughfare in the city of Taylorville, which sees approximately 15,000 vehicles on a daily basis.
NEAR MAJOR RETAILERS & SCHOOL – The property benefits from a prime location near national retailers such as ALDI, Walmart Supercenter, Dollar Tree, and Phillips 66, as well as Taylorville High School, generating consistent consumer traffic from both shoppers and students.
MARKET DOMINANT COFFEE CHAIN – Scooter’s Coffee has been in business for more than 20 years, operates 850+ locations across 31 states, and has aggressive expansion plans for the next several years.
PANDEMIC PROOF BUSINESS – Drive Thru Coffee – Scooter’s Coffee is a coffee chain concept that is a majority drive thru, which has driven the success of the brand through COVID.
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