1903 US Highway 18 E
Clear Lake, IA 50428
Scooter's Coffee - Ground Lease · Retail Property For Sale

CBRE is pleased to present this brand-new construction Scooters Coffee - Ground Lease, a five-hundred square foot, freestanding drive-thru coffee shop in Clear Lake, Iowa. With a recently signed ten-year ground lease and twenty years of renewal options, this property is a great opportunity for an investor seeking a hands-off property. The subject property is situated on Highway 18, a major west to east traffic corridor connecting Clear Lake with the nearby municipality of Mason City. Interstate 35 is less than one mile to the east of this property, making this location an ideal, speedy roadside stop for travelers. Highway 18 carries an approximate average of 14,500 vehicles per day, and Interstate 35 carries over 21,500 vehicles per day. Additionally, this property has been built adjacent to a brand new Thrifty White Pharmacy. Combined with its location between I-35 and downtown Clear Lake to the west, this property offers convenience and ease of access for coffee-drinking commuters. The City of Clear Lake has a population of 7,700 and is named for the shores of the large lake on which it was founded. There are multiple marinas, tourism-related businesses, and state parks in the immediate area. Clear Lake itself is widely considered to be one of the top sailing lakes in the region and the state of Iowa hosts over 250,000 sport shooters annually. Clear Lake is a promising location for this new Scooter’s Coffee which has hopes of becoming the #1 drive-thru franchise in the nation.