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Scooter's Coffee NNN Investment 901 N Mulberry St 1,700 SF Retail Building Elizabethtown, KY 42701 $784,615 ($461.54/SF) 6.50% Cap Rate
Investment Highlights
- 2025 new construction with patio
- New 10-year ground lease term recently commenced
- Lease features 10% rental increases every 5 years
- New 772 SF building located on .54 AC parcel
- Full-Term Personal Guaranty from Franchisee
Executive Summary
NAI Isaac is pleased to present an investment opportunity to purchase the property ground leased to Scooter's Coffee at 901 N Mulberry Street in Elizabethtown, Kentucky. This deal Includes an Absolute Triple Net (NNN) Investment with zero Landlord responsibilities. A 10-year ground lease with 10% increases every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
1,700 SF
Building Class
C
Year Built
2025
Price
$784,615
Price Per SF
$461.54
Cap Rate
6.50%
NOI
$51,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.57 AC
Amenities
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 220-40-05-027 | Improvements Assessment | $0 |
| Land Assessment | $380,000 | Total Assessment | $380,000 |
Property Taxes
Parcel Number
220-40-05-027
Land Assessment
$380,000
Improvements Assessment
$0
Total Assessment
$380,000
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Scooter's Coffee NNN Investment | 901 N Mulberry St
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