Scooter's Coffee - Net Lease Property for Sale
Clinton, IL
Key Investment Metrics
Price
$1,861,313
Cap Rate
6.8%
Net Operating Income
$127,500
Building Size
684 SF
Lot Size
684 SF
Land Area
0.25 Acres
Remaining Term
13.8 years
Lease Expiration
10/14/2039
Lease Term
15.0 years
Lease Commencement
10/15/2024
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
2021
Occupancy
100%
Tenancy
Single
Rent Increases
2% Annually
About This Scooter's Coffee Net Lease Property
This Scooter's Coffee NNN (triple net lease) property is located in Clinton, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 684 square feet of building space and was built in 2021.
With a cap rate of 6.8%, this Scooter's Coffee net lease property offers stable income potential. The asking price is $1,861,313, making it an attractive option for 1031 exchange investors seeking quality Scooter's Coffee commercial properties.
Why Invest in Scooter's Coffee NNN Properties?
- Stable Income: Scooter's Coffee net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Scooter's Coffee is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Clinton, IL Market Overview
Located in Clinton, IL, this Scooter's Coffee property benefits from strong local demographics and market fundamentals. The Clinton area offers excellent visibility and accessibility, making it an ideal location for Scooter's Coffee operations and a solid investment for net lease property buyers.