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Restaurant

Scooter’s Coffee

1698 Poplar Ave, Memphis, TN 38112

Listing Price: $1,805,000

Cap Rate
6.65%
Tenant Name
Scooter’s Coffee
Years Remaining On Lease
12.6
Gross SF
806
Guarantor
Personal Guarantee
Rentable SF
806
Price/Gross SF
$2,239.45
Lease Type
Absolute Net
Rent Per Square Feet
$148.88

Investment Overview

Strong Tenant & Growing Brand
• Leased to Scooter’s Coffee, one of the fastest-growing drive-thru coffee concepts in
the U.S.
• Established national brand with 800+ locations nationwide
• Franchise-driven expansion strategy supporting continued national growth
• Strong consumer demand within the specialty coffee / QSR beverage sector

Prime Memphis Retail Corridor
• Located along Poplar Avenue, one of Memphis’ major commercial thoroughfares
• Strong visibility and convenient access within a dense urban trade area
• Positioned near established residential neighborhoods, employment centers, and
retail demand drivers
• Dense daytime population supporting consistent drive-thru traffic

Strong Memphis Market Fundamentals
• Memphis MSA population of approximately 1.3 million residents
• Major corporate presence including FedEx, AutoZone, International Paper, and St.
Jude Children’s Research Hospital
• National logistics hub supported by Memphis International Airport and extensive
transportation infrastructure
• Favorable business climate and diversified regional economy

Investment Highlights

  • Personal Guarantee (4-Unit Operator)
  • Absolute NNN lease structure with zero landlord responsibilities
  • Passive investment opportunity providing predictable cash flow
  • Long-term lease with built-in rental escalations
  • Brand new 2023 construction drive-thru coffee property

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Restaurant

Scooter’s Coffee

Listing Price: $1,805,000

Cap Rate
6.65%
Tenant Name
Scooter’s Coffee
Years Remaining On Lease
12.6
Gross SF
806
Guarantor
Personal Guarantee
Rentable SF
806
Price/Gross SF
$2,239.45
Lease Type
Absolute Net
Rent Per Square Feet
$148.88

Investment Highlights

  • Personal Guarantee (4-Unit Operator)
  • Absolute NNN lease structure with zero landlord responsibilities
  • Passive investment opportunity providing predictable cash flow
  • Long-term lease with built-in rental escalations
  • Brand new 2023 construction drive-thru coffee property

Investment Overview

Strong Tenant & Growing Brand • Leased to Scooter’s Coffee, one of the fastest-growing drive-thru coffee concepts in the U.S. • Established national brand with 800+ locations nationwide • Franchise-driven expansion strategy supporting continued national growth • Strong consumer demand within the specialty coffee / QSR beverage sector Prime Memphis Retail Corridor • Located along Poplar Avenue, one of Memphis’ major commercial thoroughfares • Strong visibility and convenient access within a dense urban trade area • Positioned near established residential neighborhoods, employment centers, and retail demand drivers • Dense daytime population supporting consistent drive-thru traffic Strong Memphis Market Fundamentals • Memphis MSA population of approximately 1.3 million residents • Major corporate presence including FedEx, AutoZone, International Paper, and St. Jude Children’s Research Hospital • National logistics hub supported by Memphis International Airport and extensive transportation infrastructure • Favorable business climate and diversified regional economy

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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