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Restaurant

Scooter’s Coffee (New 10-Year Lease)

2102 N Main St, Cleburne, TX 76033

Listing Price: $875,000

Cap Rate
5.94%
Tenant Name
Scooter's Coffee
Years Remaining On Lease
9.9
Gross SF
550
Guarantor
Franchisee Guarantee
Rentable SF
550
Price/Gross SF
$1,590.91
Lease Type
Ground Lease
Rent Per Square Feet
$94.54

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Scooter's Coffee ground lease in Cleburne, Texas. The property consists of a 550-square-foot, freestanding building with a drive-thru lane that sits on approximately 0.53 acres of land. The tenant signed a new 10-year lease, with 10 percent rental escalations scheduled every five years, as well as each option thereafter.

Investment Highlights

  • New 10-Year Ground Lease with 10% Rental Escalations Every Five Years
  • 2022 Construction with Drive-Thru
  • Outparcel to Lowe's Home Improvement in Close Proximity to State Highway 67
  • Fast-Growing Drive-Thru Coffee Chain Approaching 500 Stores Operating Across 23 States
  • Dallas/Fort Worth MSA Location
  • Excellent Visibility on North Main Street Near State Highway 67 (Combined 27,488 VPD)

Exclusively Listed By

Financing By

Restaurant

Scooter’s Coffee (New 10-Year Lease)

Listing Price: $875,000

Cap Rate
5.94%
Tenant Name
Scooter's Coffee
Years Remaining On Lease
9.9
Gross SF
550
Guarantor
Franchisee Guarantee
Rentable SF
550
Price/Gross SF
$1,590.91
Lease Type
Ground Lease
Rent Per Square Feet
$94.54

Investment Highlights

  • New 10-Year Ground Lease with 10% Rental Escalations Every Five Years
  • 2022 Construction with Drive-Thru
  • Outparcel to Lowe's Home Improvement in Close Proximity to State Highway 67
  • Fast-Growing Drive-Thru Coffee Chain Approaching 500 Stores Operating Across 23 States
  • Dallas/Fort Worth MSA Location
  • Excellent Visibility on North Main Street Near State Highway 67 (Combined 27,488 VPD)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Scooter's Coffee ground lease in Cleburne, Texas. The property consists of a 550-square-foot, freestanding building with a drive-thru lane that sits on approximately 0.53 acres of land. The tenant signed a new 10-year lease, with 10 percent rental escalations scheduled every five years, as well as each option thereafter.

Exclusively Listed By

Financing By

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