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614 W Van Buren St
Clinton, IL 61727
Scooter's Coffee Drive-Thru · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease: Zero landlord responsibilities with 2.0% annual rental increases
- New Construction (2022): Minimal capital expenditure risk
- Retail Corridor: McDonald’s, Dairy Queen, CVS, AutoZone, Tractor Supply, Verizon, Dollar General, Hardee’s, etc...
- Long-Term Hold: 13.5 years remaining on the initial term
- Strategic Location: Along W Van Buren St (IL-54) with 8,550 AVD and directly across from Clinton High School.
- Limited Competition: Only branded coffee drive-thru in Clinton
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
684 SF
Building Class
B
Year Built
2021
Price
$1,655,844
Price Per SF
$2,420.82
Cap Rate
7.70%
NOI
$127,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.25 AC
Zoning
Commercial Limited - Commercial Limited
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 07-34-185-018 | Improvements Assessment | $88,466 |
| Land Assessment | $7,988 | Total Assessment | $96,454 |
Property Taxes
Parcel Number
07-34-185-018
Land Assessment
$7,988
Improvements Assessment
$88,466
Total Assessment
$96,454
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