1705 S Memorial Dr | New Castle, IN 47362
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1705 S Memorial Dr
New Castle, IN 47362
Scooter's Coffee - New Castle, IN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-Year Absolute Triple Net lease With Rare Corporate Guaranty - Lease Will Commence at the Close of Escrow
- This Property is Out-Parceled to a Prime Shopping Center in New Castle, IN on South Memorial Drive Which Sees Over 20,000 Vehicles Per Day
- Nearby Tenants Include: Harbor Freight, Buffalo Wild Wings, Goodwill, Anytime Fitness, T-Mobile, McDonald's, Subway, Burger King Etc.
- 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; They Operate 900+ Locations
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
760 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.60 AC
Zoning
C - Commercial
Parking
35 Spaces (46.05 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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