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Restaurant

Scooter's Coffee | 19.5YR NNN Lease

549 E Boughton Rd, Bolingbrook, IL 60440

Listing Price: $1,685,714

Cap Rate
7.00%
Tenant Name
Scooter's Coffee
Years Remaining On Lease
19.5
Gross SF
664
Guarantor
Local Franchisee
Rentable SF
664
Price/Gross SF
$2,538.73
Lease Type
Absolute Net
Rent Per Square Feet
$177.71

Investment Overview

Brand-New Absolute Triple Net (NNN) Lease With No Landlord Responsibilities. The Lease Features a 20-Year Initial Term and Includes 7% Rental Increases Every Five Years for Steady Income Growth. New Construction Property Completed in Summer 2024. The Lease Is Backed by a Personal Guarantee From a Multi-Unit Franchisee. Located on the Signalized Corner of E Boughton Road and Preston Drive With Traffic Counts of 30,000 VPD, Just a Block From the Promenade Bolingbrook, an Outdoor Plaza Mall With Tenants Such As Macy’s, ULTA, Barnes & Noble, DSW, Victoria’s Secret and More.

Investment Highlights

  • Brand new 20-year NNN lease w/ no Landlord responsibilities
  • Includes 7% increases every 5 years
  • Newly built in 2024 on strong signalized corner
  • Operated by experienced franchisee w/ plans for significant expansion in the near future to 20+ units

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Restaurant

Scooter's Coffee | 19.5YR NNN Lease

Listing Price: $1,685,714

Cap Rate
7.00%
Tenant Name
Scooter's Coffee
Years Remaining On Lease
19.5
Gross SF
664
Guarantor
Local Franchisee
Rentable SF
664
Price/Gross SF
$2,538.73
Lease Type
Absolute Net
Rent Per Square Feet
$177.71

Investment Highlights

  • Brand new 20-year NNN lease w/ no Landlord responsibilities
  • Includes 7% increases every 5 years
  • Newly built in 2024 on strong signalized corner
  • Operated by experienced franchisee w/ plans for significant expansion in the near future to 20+ units

Investment Overview

Brand-New Absolute Triple Net (NNN) Lease With No Landlord Responsibilities. The Lease Features a 20-Year Initial Term and Includes 7% Rental Increases Every Five Years for Steady Income Growth. New Construction Property Completed in Summer 2024. The Lease Is Backed by a Personal Guarantee From a Multi-Unit Franchisee. Located on the Signalized Corner of E Boughton Road and Preston Drive With Traffic Counts of 30,000 VPD, Just a Block From the Promenade Bolingbrook, an Outdoor Plaza Mall With Tenants Such As Macy’s, ULTA, Barnes & Noble, DSW, Victoria’s Secret and More.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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