Scooter's Coffee - Net Lease Property for Sale
Taylorville, IL
Key Investment Metrics
Price
$1,076,923
Cap Rate
6.5%
Net Operating Income
$70,000
Building Size
648 SF
Lot Size
648 SF
Land Area
0.75 Acres
Lease Term
15 years
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2021
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Scooter's Coffee Net Lease Property
This Scooter's Coffee NNN (triple net lease) property is located in Taylorville, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 648 square feet of building space and was built in 2021.
With a cap rate of 6.5%, this Scooter's Coffee net lease property offers stable income potential. The asking price is $1,076,923, 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.
Taylorville, IL Market Overview
Located in Taylorville, IL, this Scooter's Coffee property benefits from strong local demographics and market fundamentals. The Taylorville 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.