Listed by NAI Isaac
$784,615
Scooter's NNN Investment
Details
Property Type Retail
Sub Type Restaurant
Square Footage 772
Cap Rate 6.5%
NOI $51,000
Occupancy 100%
Tenancy Single
Brand/Tenant Scooter's Coffee
Lease Type Absolute NNN
Remaining Term 9
Broker Co-Op Yes
Year Built 2025
Buildings 1
Stories 1
Acreage 0.540
Investment Type Net Lease
Ground Lease Yes
Retail | 6.50% CAP | 772 SqFt
Marketing description
NAI Isaac is pleased to present an investment opportunity to purchase the property ground leased to Scooter's Coffee at 901 N Mulberry Street in Elizabethtown, Kentucky. This deal Includes an Absolute Triple Net (NNN) Investment with zero Landlord responsibilities. A 10-year ground lease with 10% increases every 5 Years.
Investment highlights
- 2025 new construction with patio
- Tenant opened for business May 2025
- Property is situated at the signalized intersection of N Mulberry and W French Street (combined average daily traffic count of +/-18,735 VPD)
- New 772 SF building located on .54 AC parcel
- New 10-year ground lease term recently commenced
- Full-Term Personal Guaranty from Franchisee
- Ground lease features 10% rental increases every 5 years
- Scooter's Coffee | Founded in 1988 in Bellevue, Nebraska
- 900+ Locations | 30 States
Listing Contacts
Listed by NAI Isaac
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,000.00
$4,250.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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