Restaurant
Scooter's Coffee
1007 Princeton St, Vermillion, SD 57069
Listing Price: $1,200,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer the opportunity to invest in a freestanding Scooter's Coffee location in Vermillion, South Dakota. The property is being offered as a sale-leaseback, with a brand new 15 year lease in place and built-in 10% rent increases to hedge against inflation. This is a great chance to own a well-established, high-profile property with a secure tenant in place. The property offers a rare hard corner location, excellent visibility, and easy access. This site is shadow anchored by a Walmart Supercenter and just steps away from the University of South Dakota, making it an ideal location for Scooter's Coffee.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,200,000
Investment Highlights
- Brand New 15 Year Lease
- Absolute Net Leased Investment
- 10% Rent Bumps Every 5 Years
Investment Overview
Marcus & Millichap is pleased to exclusively offer the opportunity to invest in a freestanding Scooter's Coffee location in Vermillion, South Dakota. The property is being offered as a sale-leaseback, with a brand new 15 year lease in place and built-in 10% rent increases to hedge against inflation. This is a great chance to own a well-established, high-profile property with a secure tenant in place. The property offers a rare hard corner location, excellent visibility, and easy access. This site is shadow anchored by a Walmart Supercenter and just steps away from the University of South Dakota, making it an ideal location for Scooter's Coffee.
Exclusively Listed By
Broker of Record
Financing By
