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Restaurant

Scooter's Coffee

24123 75th St, Salem, WI 53168

Listing Price: $1,298,531

Cap Rate
6.50%
Tenant Name
Scooter's Coffee
Years Remaining On Lease
9.2
Gross SF
627
Guarantor
Franchisee Guarantee
Rentable SF
627
Price/Gross SF
$2,071.02
Lease Type
Absolute Net
Rent Per Square Feet
$134.62

Investment Overview

Perfect Hands off Investment for a Buyer Looking To Invest Out-Of-State

Investment Highlights

  • Strategically Fronting 75th Street (±21,434 VPD)
  • Site Slated to Experience Influx of Traffic After $13Million Street Improvement Is Complete in Nov '23
  • Absolute NNN Lease w/ Zero Landlord Responsibilities
  • Fee-Simple Ownership of the Building and Land
  • Avg Household Income in 3-Mile Radius: $111,936
  • Strong Franchisee - Hart Family Coffee (HFC) Is a Rapidly Expanding Scooter's Coffee Franchisee That Will Grow To 16 Locations by the End of 2023, With Plans to Eventually Operate 40 Locations Across the Midwest. The Same Partnership Owners of HFC Also Operate Within the Hospitality, Multifamily, Commercial, and Food/Beverage Industries.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Restaurant

Scooter's Coffee

Listing Price: $1,298,531

Cap Rate
6.50%
Tenant Name
Scooter's Coffee
Years Remaining On Lease
9.2
Gross SF
627
Guarantor
Franchisee Guarantee
Rentable SF
627
Price/Gross SF
$2,071.02
Lease Type
Absolute Net
Rent Per Square Feet
$134.62

Investment Highlights

  • Strategically Fronting 75th Street (±21,434 VPD)
  • Site Slated to Experience Influx of Traffic After $13Million Street Improvement Is Complete in Nov '23
  • Absolute NNN Lease w/ Zero Landlord Responsibilities
  • Fee-Simple Ownership of the Building and Land
  • Avg Household Income in 3-Mile Radius: $111,936
  • Strong Franchisee - Hart Family Coffee (HFC) Is a Rapidly Expanding Scooter's Coffee Franchisee That Will Grow To 16 Locations by the End of 2023, With Plans to Eventually Operate 40 Locations Across the Midwest. The Same Partnership Owners of HFC Also Operate Within the Hospitality, Multifamily, Commercial, and Food/Beverage Industries.

Investment Overview

Perfect Hands off Investment for a Buyer Looking To Invest Out-Of-State

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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