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1450 N Meridian St
Portland, IN 47371
Scooter's Coffee - Portland, IN · Retail Property For Sale
Investment Highlights
- 20-Year Absolute Triple Net lease With Rare Corporate Guaranty - Lease Will Commence at the Close of Escrow
- This Property is Ideally Situated Off North Meridian Street Which Sees Over 13,000 Vehicles Per Day
- They Operate 900+ Locations Across 30 Different States
- Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth
- Scooter's Coffee Was Founded in 1988 in Bellevue, Nebraska and Has Been in Business For More Than 20 Years
- Nearby Tenants Include: Tractor Supply, Pizza Hut, Taco Bell, Burger King, O'Reilly Auto Parts, CVS, Advance Auto Parts and Super Wash
Property Facts
Property Type
Retail
Property Subtype
Building Size
684 SF
Building Class
C
Year Built
1954
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.42 AC
Zoning
Commercial
Property Taxes
| Parcel Numbers | Improvements Assessment | $47,500 | |
| Land Assessment | $119,500 | Total Assessment | $167,000 |
Property Taxes
Parcel Numbers
Land Assessment
$119,500
Improvements Assessment
$47,500
Total Assessment
$167,000
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