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| Price $1,650,000 | Built/Renov 2023 | Tenant Scooter's Coffee |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
664
| Lease Start
09-01-2023
| #Units
777
|
| Price/SF $2,484.94 | Expiration
08-31-2033
| Tenant Type Fast Food/QSR |
| NOI $103,125 | R. Term 8.11 | Ownership Fee Simple |
| Rent/SF
$155.31
| Increases 10.0%/5/yrs | Pop 5Mi 22,231 |
| Lot/AC 0.71 | Options 4/5yrs/10% | AHHI 5Mi $75,838 |
| | |
Scooter's Coffee is strategically located at the hard-corner intersection of Highway 51 and Talley Road, a major retail thoroughfare with access to a combined daily traffic count of 24,819 vehicles. The property is situated in a prime retail trade area, surrounded by well-known national tenants such as Wendy's, Kroger, Walgreens, McDonald's, Jack's, Domino's Pizza, and more. The 5-mile trade...
...New construction
Hard corner intersection
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Income tax free state
Brand new lease
Absolute NNN
Corporate Guarantee
Scooter’s Coffee is an American drive-thru specialty coffee kiosk chain. The private company is one of the fastest-growing drive-thru coffee franchises in the nation. Scooter’s prides itself on...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
