Restaurant
Scooter's Coffee
3212 Mt Vernon Rd SE, Cedar Rapids, IA 52403
Listing Price: $1,100,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer the opportunity to invest in a freestanding Scooter's Coffee location in Cedar Rapids, IA. The property is being offered as a sale-leaseback, with a brand new 15 year lease in place and built-in 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 is strategically located in a densely populated intersection with excellent visibility and easy access, making it an ideal location for Scooter's Coffee.
Broker of Record
Financing By
Listing Price: $1,100,000
Investment Highlights
- Brand New 15 Year Lease Absolute Net Leased Investment
- 10% Rent Bumps Every 5 Years Fee Simple Ownership
- Strong Brand With Major Growth Potential Ideal Quick Service Model For Contactless Dining
Investment Overview
Marcus & Millichap is pleased to exclusively offer the opportunity to invest in a freestanding Scooter's Coffee location in Cedar Rapids, IA. The property is being offered as a sale-leaseback, with a brand new 15 year lease in place and built-in 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 is strategically located in a densely populated intersection with excellent visibility and easy access, making it an ideal location for Scooter's Coffee.
Broker of Record
Financing By
