Single-Tenant Vacant-User
Scooters Coffee
3200 FL-426, Oviedo, FL 32765
Listing Price: $1,265,000
Cap Rate
5.50%
Tenant Name
Scooters Coffee
Years Remaining On Lease
9.0
Guarantor
Franchisee Guarantee
Rentable SF
544
Lease Type
Absolute Net
Rent Per Square Feet
$127.94
Investment Overview
Brand New 2024 Construction | Situated on Large 1.06 Acre Parcel
Scooters Coffee
Investment Highlights
- 10-Year Absolute NNN Ground Lease | Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years (Throughout Base & Option Periods)
- Four-Unit Franchisee with Plans for Twelve Total Locations | Private & Personal Lease Guarantees
- Direct Frontage, Access & Monument Signage on S.R. 426 (35,000 VPD)
- Outparcel to Avila Apartments – Class "A" Apartment Complex Providing a Steady Customer Base (Avila Apartments Sold in 2023 for $84,300,000)
- Immediately Surrounded by Many National Retailers Including Walmart Supercenter, Publix, Kohls, McDonald's, Wendy's, 7-Eleven, Seacoast Bank, Texas Roadhouse & Many More…
- Scooter's Coffee has 800+ Locations in 29 States Throughout the US
- Desirable Demographics: 270,000 5-Mile Population, $130K 1-Mile Average HH Income
Exclusively Listed By
Financing By
Listing Price: $1,265,000
Cap Rate
5.50%
Tenant Name
Scooters Coffee
Years Remaining On Lease
9.0
Guarantor
Franchisee Guarantee
Rentable SF
544
Lease Type
Absolute Net
Rent Per Square Feet
$127.94
Investment Highlights
- 10-Year Absolute NNN Ground Lease | Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years (Throughout Base & Option Periods)
- Four-Unit Franchisee with Plans for Twelve Total Locations | Private & Personal Lease Guarantees
- Direct Frontage, Access & Monument Signage on S.R. 426 (35,000 VPD)
- Outparcel to Avila Apartments – Class "A" Apartment Complex Providing a Steady Customer Base (Avila Apartments Sold in 2023 for $84,300,000)
- Immediately Surrounded by Many National Retailers Including Walmart Supercenter, Publix, Kohls, McDonald's, Wendy's, 7-Eleven, Seacoast Bank, Texas Roadhouse & Many More…
- Scooter's Coffee has 800+ Locations in 29 States Throughout the US
- Desirable Demographics: 270,000 5-Mile Population, $130K 1-Mile Average HH Income
Investment Overview
Brand New 2024 Construction | Situated on Large 1.06 Acre Parcel
Exclusively Listed By
Financing By
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