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1208 E Church St
Sandwich, IL 60548
Scooter's Coffee | 6.15% CAP | 15 YEAR LEASE · Retail Property For Sale
Investment Highlights
- LONG TERM & BRAND-NEW LEASE – 15-year lease will commence at the COE, providing a long term and stable investment for a new investor.
- ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor.
- FRANCHISE GUARANTEE – The lease is backed by a franchise guarantee from a 27+ unit operator and the Scooter's Franchise of The Year award recipient.
- LOW RENT-TO-SALES RATIO – The store operates at a healthy, below-market rent-to-sales ratio, supporting longterm sustainability and growth.
- RENTAL INCREASES – There are 10% rental increases every 5 years and during the option periods, providing an investor a hedge against inflation.
- HIGH TRAFFIC AREA – The subject property has excellent visibility along E Church St, a major thoroughfare in the area, which sees 10,000+ VPD.
Executive Summary
Prime Net Lease is pleased to present a compelling opportunity to acquire the fee simple interest in a recently constructed Scooter’s Coffee location in Sandwich, Illinois. Built in 2022, this high-performing site has been selected for a long-term sale-leaseback with one of Scooter’s Coffee’s top franchise operators, further underscoring the strength and proven success of the location.
At closing, the property will be delivered with a brand-new 15-year absolute NNN lease featuring 10% rental increases every 5 years and during the option periods, providing consistent income growth and strong inflation protection. The lease is structured with a healthy, below-market rent-to-sales ratio (contact agent for details), offering added confidence in the tenant’s long-term sustainability and performance.
Strategically positioned along E Church Street, the property benefits from excellent visibility and exposure to over 10,000 vehicles per day. The site is surrounded by a strong mix of national and regional retailers, including McDonald’s, Burger King, Taco Bell, Dollar General, Ace Hardware, NAPA Auto Parts, and Casey’s, all of which drive significant daily consumer traffic to the area. The combination of a newly built asset, long-term lease, absolute NNN structure with zero landlord responsibilities, strong franchisee, and high-traffic location makes this an outstanding investment opportunity.
Scooter’s Coffee, headquartered in Omaha, NE, has upwards of 850 locations across 30+ states. Founded in 1998, Scooter’s Coffee continues its rapid expansion and is firmly establishing itself as a leading national coffee brand.
At closing, the property will be delivered with a brand-new 15-year absolute NNN lease featuring 10% rental increases every 5 years and during the option periods, providing consistent income growth and strong inflation protection. The lease is structured with a healthy, below-market rent-to-sales ratio (contact agent for details), offering added confidence in the tenant’s long-term sustainability and performance.
Strategically positioned along E Church Street, the property benefits from excellent visibility and exposure to over 10,000 vehicles per day. The site is surrounded by a strong mix of national and regional retailers, including McDonald’s, Burger King, Taco Bell, Dollar General, Ace Hardware, NAPA Auto Parts, and Casey’s, all of which drive significant daily consumer traffic to the area. The combination of a newly built asset, long-term lease, absolute NNN structure with zero landlord responsibilities, strong franchisee, and high-traffic location makes this an outstanding investment opportunity.
Scooter’s Coffee, headquartered in Omaha, NE, has upwards of 850 locations across 30+ states. Founded in 1998, Scooter’s Coffee continues its rapid expansion and is firmly establishing itself as a leading national coffee brand.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
650 SF
Building Class
B
Year Built
2022
Price
$845,528
Price Per SF
$1,300.81
Cap Rate
6.15%
NOI
$52,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.40 AC
Parking
7 Spaces (10.77 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 19-25-478-008 | Improvements Assessment | $134,611 |
| Land Assessment | $37,030 | Total Assessment | $171,641 |
Property Taxes
Parcel Number
19-25-478-008
Land Assessment
$37,030
Improvements Assessment
$134,611
Total Assessment
$171,641
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