Scooter's Coffee - Net Lease Property for Sale
Elsa, TX
Key Investment Metrics
Price
$1,111,111
Cap Rate
6.8%
Net Operating Income
$75,000
Building Size
664 SF
Lot Size
664 SF
Land Area
0.28 Acres
Remaining Term
20 years
Lease Type
NNN
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
10%/5-Years
About This Scooter's Coffee Net Lease Property
This Scooter's Coffee NNN (triple net lease) property is located in Elsa, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 664 square feet of building space and was built in 2023.
With a cap rate of 6.8%, this Scooter's Coffee net lease property offers stable income potential. The asking price is $1,111,111, 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.
Elsa, TX Market Overview
Located in Elsa, TX, this Scooter's Coffee property benefits from strong local demographics and market fundamentals. The Elsa 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.