Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new Scooter’s Coffee located at 402 N. Broadway Street in Elsa, Texas. The ±664-square-foot freestanding drive-thru was constructed in 2023 on ±0.28 acres and features a modern prototype design engineered for high service volumes and operational efficiency. The property is backed by a brand-new 20-year absolute NNN ground lease commencing at the close of escrow, with zero landlord responsibilities and four (4) five-year renewal options. The lease includes 10% rental increases every five years, providing predictable income growth and long-term stability. Scooter’s Coffee is one of the fastest-growing QSR coffee concepts in the United States, with more than 750 locations nationwide and aggressive expansion plans to surpass 1,000 stores. Known for its drive-thru convenience, specialty coffee, and strong consumer loyalty, the brand has quickly become a leader in the fast-casual coffee segment. The site is strategically positioned along N. Broadway Street (FM 88), Elsa’s primary retail corridor, with traffic counts exceeding 12,000 vehicles per day. The property benefits from strong co-tenancy and proximity to national retailers including Walmart Supercenter, H-E-B, Dollar Tree, and AutoZone. The surrounding 5-mile trade area includes more than 220,000 residents with average household income above $66,000. Located within the rapidly expanding McAllen–Edinburg–Mission MSA (population ±917,000), the site enjoys strong regional demographics and sustained demand.