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31108506
31108507

5535 S 16th St, Lincoln, NE 68512

AL
NE NE. 20250136, CO CO. ER100091205 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$768,000
82 days on market
Updated 82 days ago

Scooter’s Coffee | 15yr NNN | Extremely Low RTS Ratio

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 500
Net Rentable (SqFt) 500
Cap Rate 6.25%
NOI $48,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Dunkin' (+2)
Lease Type NNN
Lease Term 15
Lease Expiration 02/28/2041
Remaining Term 14.7
Rent Bumps Yes
Price per SqFt $1,536
Acreage 0.160
Investment Type Net Lease
Lease Commencement 03/01/2026

Operated By Experienced ±43-Unit Franchisee

Investment highlights

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Scooter’s Coffee drive-thru located along South 16th Street (Highway 2) in Lincoln, Nebraska. This asset features a new 15-year NNN ground lease with zero landlord responsibilities, operated by an experienced ±43-unit Scooter’s Coffee franchisee (lease guaranteed by the franchisee’s ±19-unit subsidiary). The offering provides investors with stable, passive income in a high-visibility, commuter-oriented corridor within one of the Midwest’s most resilient and diversified state capitals.

Strategically positioned along South 16th Street—a major north-south arterial connecting South Lincoln to Downtown, U.S. Highway 77, and surrounding residential neighborhoods—the property benefits from strong daily traffic, excellent visibility, and efficient ingress/egress. The drive-thru-only format aligns with Scooter’s high-velocity beverage model, capturing peak morning and afternoon demand from commuters, students, and nearby residents. The site is surrounded by established retail centers, schools, medical users, and major employers, including proximity to the University of Nebraska-Lincoln, supporting consistent year-round sales performance.

The long-term NNN ground lease includes scheduled 10% rent increases every five years and four five-year renewal options, providing built-in income growth and extended occupancy potential. With zero landlord responsibilities and a proven multi-unit franchisee guaranty, the asset offers stable, predictable cash flow.

This Scooter’s Coffee represents an attractive opportunity to acquire a high-performing drive-thru asset in a dense, infill Lincoln location with strong demographic support and long-term economic stability.

  • New 15 Year NNN Ground Lease With Zero Landlord Responsibilities

  • Extremely Low Rent-to-Sales Ratio

  • Operated By Experienced ±43-Unit Franchisee

  • Seasoned Location (Open Since 2013)

  • Freestanding Drive-Thru QSR in a High-Traffic Corridor

  • Prime Lincoln Infill Location

  • Leading Drive-Thru Coffee Brand

Listing Contacts

AL
NE NE. 20250136, CO CO. ER100091205 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$48,000.00
$4,000.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Adam Lewis
License
Lic #: 20250136
Title
Broker of Record
Name
Adam Lewis
License
NE. 20250136
Brokerage
Marcus & Millichap
Brokerage Phone
3033282000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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