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Restaurant

Scooter's Coffee | New 20YR NNN Lease | Toledo, OH

3785 King Rd, Toledo, OH 43617

Listing Price: $1,185,185

Cap Rate
6.75%
Tenant Name
Scooter's Coffee
Gross SF
664
Guarantor
Personal Guarantee
Rentable SF
664
Price/Gross SF
$1,784.92
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$120.48

Investment Overview

Situated at the signalized hard corner of King Road and Sylvan Towne Drive, this prime Scooter’s Coffee location enjoys excellent visibility and accessibility in a high-traffic area. The property is positioned just behind Timberstone Center, a bustling retail hub anchored by Kroger and complemented by well-known tenants such as Club Pilates, Pizza Hut, and Champion Credit Union. Additionally, the site is adjacent to a Caress Car Wash and surrounded by office buildings, ensuring a steady flow of customers throughout the day. As part of the Toledo MSA, which boasts a population of over 600,000 and sits just 80 minutes south of Detroit, the area presents strong economic fundamentals. With a growing demand for drive-thru specialty coffee in the Midwest—particularly among busy professionals, students, and commuters—this location is strategically positioned for success.

This investment opportunity features a brand-new 20-year NNN lease with zero landlord responsibilities, making it a hassle-free, long-term asset. The lease includes 10% rent increases every five years and four five-year extension options, ensuring a steady income stream. Scooter’s Coffee continues to expand rapidly, with over 860 locations across 30 states and a strong commitment to quality and efficiency. The brand’s tagline, “Amazing People, Amazing Drinks, Amazingly Fast!”, reflects its dedication to delivering a superior customer experience. As the company strives to become the leading drive-thru coffee franchise in the U.S., this property offers investors a secure and high-performing addition to their portfolio.

Investment Highlights

  • Situated on a Signalized Hard Corner, at the Crossroads of King Road (16,393 VPD) and Sylvan Towne Drive Adjacent to a Caress Car Wash and Numerous Office Buildings
  • Part of the Toledo MSA With a Population of 600,000+
  • Demand for Drive-Thru Specialty Coffee Is Rising, Especially in the Midwest | Toledo Has a Mix of Busy Professionals, College Students, and Commuters Who Value Quick, Quality Coffee
  • Brand New 20-Year NNN Lease with No Landlord Responsibilities | Rent Increases of 10% Every 5 Years

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Restaurant

Scooter's Coffee | New 20YR NNN Lease | Toledo, OH

Listing Price: $1,185,185

Cap Rate
6.75%
Tenant Name
Scooter's Coffee
Gross SF
664
Guarantor
Personal Guarantee
Rentable SF
664
Price/Gross SF
$1,784.92
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$120.48

Investment Highlights

  • Situated on a Signalized Hard Corner, at the Crossroads of King Road (16,393 VPD) and Sylvan Towne Drive Adjacent to a Caress Car Wash and Numerous Office Buildings
  • Part of the Toledo MSA With a Population of 600,000+
  • Demand for Drive-Thru Specialty Coffee Is Rising, Especially in the Midwest | Toledo Has a Mix of Busy Professionals, College Students, and Commuters Who Value Quick, Quality Coffee
  • Brand New 20-Year NNN Lease with No Landlord Responsibilities | Rent Increases of 10% Every 5 Years

Investment Overview

Situated at the signalized hard corner of King Road and Sylvan Towne Drive, this prime Scooter’s Coffee location enjoys excellent visibility and accessibility in a high-traffic area. The property is positioned just behind Timberstone Center, a bustling retail hub anchored by Kroger and complemented by well-known tenants such as Club Pilates, Pizza Hut, and Champion Credit Union. Additionally, the site is adjacent to a Caress Car Wash and surrounded by office buildings, ensuring a steady flow of customers throughout the day. As part of the Toledo MSA, which boasts a population of over 600,000 and sits just 80 minutes south of Detroit, the area presents strong economic fundamentals. With a growing demand for drive-thru specialty coffee in the Midwest—particularly among busy professionals, students, and commuters—this location is strategically positioned for success. This investment opportunity features a brand-new 20-year NNN lease with zero landlord responsibilities, making it a hassle-free, long-term asset. The lease includes 10% rent increases every five years and four five-year extension options, ensuring a steady income stream. Scooter’s Coffee continues to expand rapidly, with over 860 locations across 30 states and a strong commitment to quality and efficiency. The brand’s tagline, “Amazing People, Amazing Drinks, Amazingly Fast!”, reflects its dedication to delivering a superior customer experience. As the company strives to become the leading drive-thru coffee franchise in the U.S., this property offers investors a secure and high-performing addition to their portfolio.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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