Scooter's Coffee

Investment Overview

Prime Net Lease is pleased to offer the opportunity to acquire the fee simple interest in a recently built Scooter’s Coffee. The subject property was originally built in 2020. Due to its excellent location, the franchisee of Scooter’s Coffee decided to build the structure and offer the long term 15-year sale-leaseback. The brand new 15-year lease will begin at the COE. This absolute NNN lease has 2% rental increases annually and grants the Tenant four successive options to extend the lease. Each option is for five years and includes the aforementioned 2% annual rental increases. Additionally, the annual rent is set at a healthy and below market rent-to-sales ratio. The Property has excellent visibility and is conveniently situated on a large corner lot along U.S Route 218 and Belknap Blvd. U.S Route 218 is a main corridor in the area and sees heavy traffic on a daily basis. Nationally recognized tenants such as KFC, Dairy Queen, O’Reilly Auto Parts, Sonic Drive-In, Taco Bell, Pizza Hut, Arby’s, Verizon, and Walmart surround the property, further driving consumers to the area. This specific location offers a brand new 15-year lease, excellent corner lot visibility, franchise guarantee, and zero landlord responsibility. Scooter’s Coffee, headquartered in Omaha, NE has close to 500 locations across 24 states. Founded in 1998, Scooter’s Coffee now employs over 110,000 people across its many locations.

Investment Highlights

• LONG TERM & BRAND-NEW LEASE – 15-year lease will commence at the COE, providing a long term and stable investment for a new investor.
• ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor
• RENTAL INCREASES – There are 10% rental increases every 5 years, providing an investor a hedge against inflation.
• FRANCHISE GUARANTEE – The lease is backed by a proven 6-unit franchisee, with two additional locations under construction and a clear growth trajectory, demonstrating strong operational stability and expansion plans.
• HIGH TRAFFIC AREA - The subject property is situated on a large corner lot and has excellent visibility along E 1500 N Road and W Springfield Rd, a major thoroughfare in the city of Taylorville, which sees approximately 15,000 vehicles on a daily basis.
• NEAR MAJOR RETAILERS & SCHOOL – The property benefits from a prime location near national retailers such as ALDI, Walmart Supercenter, Dollar Tree, and Phillips 66, as well as Taylorville High School, generating consistent consumer traffic from both shoppers and students.
• MARKET DOMINANT COFFEE CHAIN – Scooter’s Coffee has been in business for more than 20 years, operates 800+ locations across 30 states, and has aggressive expansion plans for the next several years.
• PANDEMIC PROOF BUSINESS – Drive Thru Coffee – Scooter’s Coffee is a coffee chain concept that is a majority drive thru, which has driven the success of the brand through COVID.