1617 S 3rd St
Terre Haute, IN 47802
Scooter's Coffee | Brand New | 15 Year NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- GROWING COMPANY WITH OVER 750+ LOCATIONS THROUGHOUT THE USA | STRONG UNIT ECONOMICS
- Property sits adjacent to Indiana State University with a student population of over 14,000.
- The Lease Features Attractive Rental Increase of 10% Every 5 Years
- TERRE HAUTE METRO WITH GROWING POPULATION | IMMEDIATELY SURROUNDED BY MAJOR COMMUNITIES | INDIANA STATE UNIVERSITY ADJACENT
- FEE SIMPLE INVESTMENT | ZERO LANDLORD RESPONSIBILITIES | BRAND NEW 15 YEAR LEASE
- FRANCHISE GUARANTEE | HIGH PERFORMING LOCATION – STRONG SALES | LOW RENT TO SALES RATIO | MULTI-UNIT OPERATOR
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
650 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.14 AC
Zoning
400C - Commercial
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $268,600 | |
| Land Assessment | $22,600 | Total Assessment | $291,200 |
