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621 E North St
Kendallville, IN 46755
Scooter's Coffee - Kendallville, IN · Retail Property For Sale
Investment Highlights
- 20-Year Absolute Triple Net Lease With Zero Landlord Responsibilities and Rare Corporate Guaranty - Lease Will Commence at the Close of Escrow
- This Property is Ideally Situated on the Corner of Riley Road and East North Street Which Sees Over 17,000 Vehicles Per Day
- Nearby Tenants Include: Aaron's Rent-to-Own, USPS, O'Reilly Auto Parts, Tractor Supply, Advance Auto Parts, Kroger, Wendy's Chase Bank, Great Clips
- Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth
- Scooter's Coffee Was Founded in 1988 in Bellevue, Nebraska and Has Been in Business For More Than 20 Years
Property Facts
Property Type
Retail
Property Subtype
Building Size
684 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.88 AC
Zoning
C - Commercial
Parking
50 Spaces (73.1 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 570728200177000020 | Improvements Assessment | $489,700 |
| Land Assessment | $189,200 | Total Assessment | $678,900 |
Property Taxes
Parcel Number
570728200177000020
Land Assessment
$189,200
Improvements Assessment
$489,700
Total Assessment
$678,900
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