Scooter's Coffee

5791 Airline Road, Arlington, TN 38002

$1,786,000

Cap Rate 7.00%

Views: 27 DOM: 8 Updated: 11.05.24 Posted: 11.01.24 Status: Active

Summary

Price $1,786,000	Built/Renov 2024	Tenant Scooter's Coffee
Cap Rate 7.00%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 664	Lease Start 12-01-2024	#Units 800
Price/SF $2,689.76	Expiration 12-31-2039	Tenant Type Fast Food/QSR
NOI $125,004	R. Term 15.1	Ownership Fee Simple
Rent/SF $188.26	Increases 10.0%/5/yrs	Pop 5Mi 23,705
Lot/AC 0.63	Options 2/5yrs/10%	AHHI 5Mi $132,759

Ryan Gomez

Cushman & Wakefield

Contact

Lease Highlights

Brand new construction | Anticipated store opening Q4 2024
New 15-year lease with 2 (5-year) options to extend
10% rental increases every 5 years
Absolute NNN lease | Zero landlord responsibilities
Scooter’s Coffee ranked #2 on Entrepreneur’s Franchise 500 list in 2024
Personal guaranty

Location Description

Scooter's Coffee is strategically located on Airline Road, with access to 15,147 vehicles passing by daily. The property is positioned near prominent national retailers such as Wendy's, Sonic Drive-In, McDonald's, Waffle House, Domino's, and more. Conveniently situated just 1 mile from Highway 70, which sees 13,269 VPD, the site benefits from high accessibility for both local residents and...

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Key Features

New construction
Strategically located
Highway close
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Brand new lease
Long 15+ yr lease
Absolute NNN
Personal guarantee

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Links

Scooter's Coffee Wikipedia Scooter's Coffee Wikipedia Arlington, Tennessee Zip Code 38002 Broker Site Page Drone video

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Scooter's Coffee
Guarantor:Franchisee
Company:Hudson Ventures, LLC
# Units:800
Stock:Private

About Tenant

Founded in 1998, Scooter's Coffee is a specialty coffee franchise brand that is known for its drive-thru coffee kiosks and coffeehouses. The company is the second-largest drive-thru coffee...

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Listing Broker

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