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Scooters Coffee 2131 E State Highway 54 664 SF Retail Building Linton, IN 47441 $1,154,000 ($1,737.95/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- ADJACENT TO MAJOR MARKET EMPLOYER
- RECENT CONSTRUCTION AT SIGNALIZED CORNER
- ATTRACTIVE LEASE FUNDAMENTALS
EXECUTIVE SUMMARY
ATTRACTIVE LEASE FUNDAMENTALS
- 15 year Abs. NNN Lease provides next owner with zero landlord responsibilities
- 10% rental increases in primary term and in option periods
FAST GROWING BRAND
- Scooter’s currently has nearly 600 locations nation wide and expected to have more than 1,000 locations by 2025
- Ranked #13 on Yelp’s 2023 list of “50 Most Loved Brands in the U.S.”
FIRST D/T ONLY COFFEE CONCEPT IN MARKET
- This Scooters Coffee is the only “drivethrough” only concept in the Linton Market
- Within a 1-mile radius of the Scooters Coffee is more than 390K SF of retail space
- Nearby National Retailers Include: Walmart Supercenter, Tractor Supply Co., Dollar General, Goodwill, and more
ADJACENT TO MAJOR MARKET EMPLOYER
- Site is located across the street from Greene County General Hospital, the main Hospital for the Region
- This hospital has more than 25 staffed beds and over 200 employees
RECENT CONSTRUCTION AT SIGNALIZED CORNER
- This Scooter’s Coffee has recently been built to suit the tenants specifications
- With the new build-to-suit format the property comes with a ease of business drive through and multiple points of ingress and egress at a signalized intersection on W. State Rd 54 (12K VPD)
OUTPARCEL TO WALMART SUPERCENTER
- Walmart Supercenter sees over 1.7 Million visits annually creating a built in customer base for the coffee shop
- The increased foot traffic drives customers to the location
- 15 year Abs. NNN Lease provides next owner with zero landlord responsibilities
- 10% rental increases in primary term and in option periods
FAST GROWING BRAND
- Scooter’s currently has nearly 600 locations nation wide and expected to have more than 1,000 locations by 2025
- Ranked #13 on Yelp’s 2023 list of “50 Most Loved Brands in the U.S.”
FIRST D/T ONLY COFFEE CONCEPT IN MARKET
- This Scooters Coffee is the only “drivethrough” only concept in the Linton Market
- Within a 1-mile radius of the Scooters Coffee is more than 390K SF of retail space
- Nearby National Retailers Include: Walmart Supercenter, Tractor Supply Co., Dollar General, Goodwill, and more
ADJACENT TO MAJOR MARKET EMPLOYER
- Site is located across the street from Greene County General Hospital, the main Hospital for the Region
- This hospital has more than 25 staffed beds and over 200 employees
RECENT CONSTRUCTION AT SIGNALIZED CORNER
- This Scooter’s Coffee has recently been built to suit the tenants specifications
- With the new build-to-suit format the property comes with a ease of business drive through and multiple points of ingress and egress at a signalized intersection on W. State Rd 54 (12K VPD)
OUTPARCEL TO WALMART SUPERCENTER
- Walmart Supercenter sees over 1.7 Million visits annually creating a built in customer base for the coffee shop
- The increased foot traffic drives customers to the location
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
664 SF
Building Class
C
Year Built
2025
Price
$1,154,000
Price Per SF
$1,737.95
Cap Rate
6.50%
NOI
$75,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.32 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Scooters Coffee
- Retailer
- 664 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Scooters Coffee | Retailer | 664 SF | - | Triple Net | - |
NEARBY MAJOR RETAILERS
CONTACTS
-
David Hoppe -
Ben Olmstead -
Fred Victor -
Teddy Driscoll -
Ben McCarter -
Atlantic Capital Partners
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Scooters Coffee | 2131 E State Highway 54
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