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Restaurant

Scooter's Coffee

1004 Robins Rd, Hiawatha, IA 52233

Listing Price: $1,200,000

Cap Rate
6.75%
Tenant Name
Scooter's Coffee
Guarantor
Franchisee Guarantee
Rentable SF
2,743
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.53

Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to invest in a freestanding Scooter's Coffee location in Hiawatha, Illinois. 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.

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

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Financing By

Restaurant

Scooter's Coffee

Listing Price: $1,200,000

Cap Rate
6.75%
Tenant Name
Scooter's Coffee
Guarantor
Franchisee Guarantee
Rentable SF
2,743
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.53

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 Hiawatha, Illinois. 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

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

Financing By

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