Scooter’s Coffee | 15yr NNN 3838 Normal Blvd 592 SF Retail Building Lincoln, NE 68506 $992,000 ($1,675.68/SF) 6.25% Cap Rate

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Scooter’s Coffee drive-thru located along Normal Boulevard in Lincoln, Nebraska. This asset features a new 15-year NNN ground lease with zero landlord responsibilities, operated by an experienced ±43-unit Scooter’s Coffee franchisee (lease is guaranteed by franchisees ±19-unit subsidiary). The offering provides investors with long-term, passive income in a high-visibility, commuter-oriented corridor within one of the Midwest’s most stable and diversified state capitals.
Strategically positioned along Normal Boulevard—a well-traveled east-west arterial serving central and south Lincoln—the property benefits from strong daily traffic, excellent visibility, and efficient ingress/egress. The drive-thru-only format aligns with Scooter’s high-velocity beverage model, capturing peak morning and afternoon demand from commuters, students, and nearby residents. The site is surrounded by established residential neighborhoods, schools, medical offices, and retail centers, including proximity to the University of Nebraska-Lincoln, which supports consistent year-round sales performance.
The long-term NNN ground lease includes scheduled 10% rent increases every five years and four five-year renewal options, providing built-in income growth and extended occupancy potential. With zero landlord responsibilities and a proven multi-unit franchisee guaranty, the asset offers stable, predictable cash flow.
This Scooter’s Coffee represents an attractive opportunity to acquire a high-performing drive-thru asset in a dense, infill Lincoln location with strong demographic support and long-term economic stability.