Skip to main content

Restaurant

Scooter's Coffee | New 120Yr Abs NNN Lease | Southaven, MS

943 Church Rd W, Southaven, MS 38671

Listing Price: $1,414,041

Cap Rate
6.75%
Tenant Name
Scooter's Coffee
Gross SF
664
Guarantor
Local Franchisee
Rentable SF
664
Price/Gross SF
$2,129.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$143.75

Investment Overview

• Located on Church Rd (24.7K VPD) Just Off of the I-69 Highway (53K VPD) in a Prime Area of Southaven
Which Has Seen a Recent Increase in Development. Just a Short Drive From the Tanger Outlets Southaven,
Which Sees About 2.6M Visitors per Year
• Situated Between a Sonic Drive-In and a Burger King and Across From the Northwest Mississippi Community College and Several Large Apartment Communities
• A 9% Increase in Growth Within the Last 4 Years Within the 1-Mile Trade Area Shows the Popularity of the
Direct Area
• Surrounded by Numerous Apartment Complexes and a Local College | Civic Center Apartments: 1,376 Units, Church Lake: 352 Units, Oak Hollow: 276 Units, Northwest Community College: +3,000 Students
• Part of the Memphis Metro Area—Key Contributor to the Economic and Cultural Landscape of the Mid-South, Referred to As “America’s Distribution Center” | Known for Its Rich Sports and Music Culture and Diverse Entertainment Options
• Brand New 20-Year NNN Lease with No Landlord Responsibilities
• Rent Increases of 10% Every 5 Years
• Four (4), Five (5) Year Extension Options
• Since Opening Its First Store in November 2023, Pyramid Coffee, LLC Has Rapidly Established Itself as a
Leading Player in the Coffee Market. The Company Has Demonstrated Impressive Performance, With All
Locations Ranking Among the Top-50 out of 800+ Scooter’s Coffee Locations Nationwide
• Pyramid Coffee’s Growth Trajectory Remains Strong, Supported by Strategic Expansion Plans To Open 8
Additional Stores Within the Next 12–18 Months
• Scooter’s Coffee Thrives and Stands Out From Competitors by Sourcing Only the Finest Coffee Beans and
Maintaining Strong Commitment to Core Brand Values
• Scooter’s Coffee Aims To Become the #1 Drive-Thru Coffee Franchise in the U.S., With Over 860 Stores
Across 30 States Currently

Investment Highlights

  • BRAND NEW HIGH QUALIT Y CONSTRUCTION | AVERAGE ANNUAL RETURN OF 7.83%
  • Brand New 20-Year NNN Lease | Zero Landlord Responsibilities
  • Operated by a Rapidly Expanding Coffee Group
  • Part of Memphis MSA

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Restaurant

Scooter's Coffee | New 120Yr Abs NNN Lease | Southaven, MS

Listing Price: $1,414,041

Cap Rate
6.75%
Tenant Name
Scooter's Coffee
Gross SF
664
Guarantor
Local Franchisee
Rentable SF
664
Price/Gross SF
$2,129.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$143.75

Investment Highlights

  • BRAND NEW HIGH QUALIT Y CONSTRUCTION | AVERAGE ANNUAL RETURN OF 7.83%
  • Brand New 20-Year NNN Lease | Zero Landlord Responsibilities
  • Operated by a Rapidly Expanding Coffee Group
  • Part of Memphis MSA

Investment Overview

• Located on Church Rd (24.7K VPD) Just Off of the I-69 Highway (53K VPD) in a Prime Area of Southaven Which Has Seen a Recent Increase in Development. Just a Short Drive From the Tanger Outlets Southaven, Which Sees About 2.6M Visitors per Year • Situated Between a Sonic Drive-In and a Burger King and Across From the Northwest Mississippi Community College and Several Large Apartment Communities • A 9% Increase in Growth Within the Last 4 Years Within the 1-Mile Trade Area Shows the Popularity of the Direct Area • Surrounded by Numerous Apartment Complexes and a Local College | Civic Center Apartments: 1,376 Units, Church Lake: 352 Units, Oak Hollow: 276 Units, Northwest Community College: +3,000 Students • Part of the Memphis Metro Area—Key Contributor to the Economic and Cultural Landscape of the Mid-South, Referred to As “America’s Distribution Center” | Known for Its Rich Sports and Music Culture and Diverse Entertainment Options • Brand New 20-Year NNN Lease with No Landlord Responsibilities • Rent Increases of 10% Every 5 Years • Four (4), Five (5) Year Extension Options • Since Opening Its First Store in November 2023, Pyramid Coffee, LLC Has Rapidly Established Itself as a Leading Player in the Coffee Market. The Company Has Demonstrated Impressive Performance, With All Locations Ranking Among the Top-50 out of 800+ Scooter’s Coffee Locations Nationwide • Pyramid Coffee’s Growth Trajectory Remains Strong, Supported by Strategic Expansion Plans To Open 8 Additional Stores Within the Next 12–18 Months • Scooter’s Coffee Thrives and Stands Out From Competitors by Sourcing Only the Finest Coffee Beans and Maintaining Strong Commitment to Core Brand Values • Scooter’s Coffee Aims To Become the #1 Drive-Thru Coffee Franchise in the U.S., With Over 860 Stores Across 30 States Currently

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

MM Texture Background
MM Textured Background Lower