630 Tenney St | Kewanee, IL 61443
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630 Tenney St
Kewanee, IL 61443
Scooter's Coffee - NNN | 15 Year Lease · Retail Property For Sale
Investment Highlights
- LONG TERM & BRAND-NEW LEASE – 20-year lease will commence at the COE, providing a long term and stable investment for a new investor.
- FRANCHISE GUARANTEE – The lease is backed by a franchise guarantee from a 28+ unit operator and the Scooter's Franchise of The Year award recipient.
- MARKET DOMINANT COFFEE CHAIN – Scooter’s Coffee has been in business for more than 20 years, operates 800+ locations across 30 states.
- ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor.
- RENTAL INCREASES – There are 10% rental increases every 5 years, providing an investor a hedge against inflation.
- HIGH TRAFFIC AREA – The subject property is situated on a large corner lot and has excellent visibility along the IL 78, seeing 10,000+ VPD.
Property Facts
Property Type
Retail
Property Subtype
Building Size
650 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.60 AC
Property Taxes
| Parcel Number | 25-04-480-014 | Improvements Assessment | $160,966 |
| Land Assessment | $6,569 | Total Assessment | $167,535 |
Property Taxes
Parcel Number
25-04-480-014
Land Assessment
$6,569
Improvements Assessment
$160,966
Total Assessment
$167,535
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