Restaurant
Scooter's Coffee | Long-Term Ground Lease | Zero Landlord Responsibilities | Moore, OK
390 S Eastern Ave, Moore, OK 73160
Listing Price: $900,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed Scooter’s Coffee ground lease located at 390 S Eastern Avenue in Moore, Oklahoma, within the Oklahoma City MSA. The property will be subject to a brand-new 15-year absolute NNN ground lease (±14 years remaining at rent commencement in February 2025), with zero landlord responsibilities, 10% rent increases every five years, and four (4) five-year renewal options.
The ±664-square-foot drive-thru building sits on a ±0.95-acre parcel along S Eastern Avenue, one of Moore’s primary retail corridors, with reported traffic counts of approximately 13,600 vehicles per day and strong connectivity to Interstate 35 and SE 4th Street. The site is surrounded by dense residential neighborhoods, schools, and national retailers including Walmart Supercenter, ALDI, Crest Foods, Walgreens, and McDonald’s, creating a strong daily customer base.
With modern construction (2023), institutional-quality lease terms, and a high-traffic location, this Scooter’s Coffee represents a compelling net-leased coffee asset in a supply-constrained drive-thru segment.
Investment Highlights
- Long-Term Ground Lease With Zero Landlord Responsibilities
- Attractive Basis With Strong Initial Yield
- Proven Franchisee and Rapidly Growing National Brand
- Prime Moore Retail Corridor Location
- Surrounded by National Retailers and Strong Daily Needs Drivers
- Located in the Expanding Oklahoma City MSA
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
Restaurant
Scooter's Coffee | Long-Term Ground Lease | Zero Landlord Responsibilities | Moore, OK
Listing Price: $900,000
Investment Highlights
- Long-Term Ground Lease With Zero Landlord Responsibilities
- Attractive Basis With Strong Initial Yield
- Proven Franchisee and Rapidly Growing National Brand
- Prime Moore Retail Corridor Location
- Surrounded by National Retailers and Strong Daily Needs Drivers
- Located in the Expanding Oklahoma City MSA
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed Scooter’s Coffee ground lease located at 390 S Eastern Avenue in Moore, Oklahoma, within the Oklahoma City MSA. The property will be subject to a brand-new 15-year absolute NNN ground lease (±14 years remaining at rent commencement in February 2025), with zero landlord responsibilities, 10% rent increases every five years, and four (4) five-year renewal options. The ±664-square-foot drive-thru building sits on a ±0.95-acre parcel along S Eastern Avenue, one of Moore’s primary retail corridors, with reported traffic counts of approximately 13,600 vehicles per day and strong connectivity to Interstate 35 and SE 4th Street. The site is surrounded by dense residential neighborhoods, schools, and national retailers including Walmart Supercenter, ALDI, Crest Foods, Walgreens, and McDonald’s, creating a strong daily customer base. With modern construction (2023), institutional-quality lease terms, and a high-traffic location, this Scooter’s Coffee represents a compelling net-leased coffee asset in a supply-constrained drive-thru segment.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer