Restaurant
BIGGBY Coffee | 15 Year NNN Lease | Ellettsville, IN
609 W Temperance St, Ellettsville, IN 47429
Listing Price: $830,769
Investment Overview
The investment provides an opportunity to own a newly renovated retail asset leased to BIGGBY Coffee, an established brand with over 400 locations nationwide. Located on a highly visible corner in Ellettsville, Indiana, a rapidly growing suburb within the Bloomington metro area, this property benefits from its accessibility and strong community connections. The property offers investors long-term stability with an initial 15-year NNN lease, built-in rent escalations, and an established franchise concept that continues to expand, emphasizing suburban drive-thru markets.
BIGGBY Coffee | 15 Year NNN Lease | Ellettsville, IN
Investment Highlights
- Long-Term Lease with Rent Growth: Brand-new 15-year NNN lease with 10% rental increases every five years, offering predictable long-term income.
- High-Visibility Location: Positioned at a signalized corner along heavily traveled W Temperance Street, benefiting from over 13,000 vehicles per day.
- Close Proximity to Community Anchors: Less than a mile from local schools and municipal facilities, ensuring consistent local traffic and visibility.
- Strong Personal Guaranty: Reach out to agent for information.
Exclusively Listed By
Broker of Record
Restaurant
BIGGBY Coffee | 15 Year NNN Lease | Ellettsville, IN
Listing Price: $830,769
Investment Highlights
- Long-Term Lease with Rent Growth: Brand-new 15-year NNN lease with 10% rental increases every five years, offering predictable long-term income.
- High-Visibility Location: Positioned at a signalized corner along heavily traveled W Temperance Street, benefiting from over 13,000 vehicles per day.
- Close Proximity to Community Anchors: Less than a mile from local schools and municipal facilities, ensuring consistent local traffic and visibility.
- Strong Personal Guaranty: Reach out to agent for information.
Investment Overview
The investment provides an opportunity to own a newly renovated retail asset leased to BIGGBY Coffee, an established brand with over 400 locations nationwide. Located on a highly visible corner in Ellettsville, Indiana, a rapidly growing suburb within the Bloomington metro area, this property benefits from its accessibility and strong community connections. The property offers investors long-term stability with an initial 15-year NNN lease, built-in rent escalations, and an established franchise concept that continues to expand, emphasizing suburban drive-thru markets.
Exclusively Listed By
Broker of Record
-
Josh Caruana
First Vice President/District Manager
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