Investment Overview
NAI Isaac is pleased to present an investment opportunity to purchase the property ground leased to Scooter's Coffee at 901 N Mulberry Street in Elizabethtown, Kentucky. This deal Includes an Absolute Triple Net (NNN) Investment with zero Landlord responsibilities. A 10-year ground lease with 10% increases every 5 Years.
Investment Highlights
- 2025 new construction with patio
- Tenant opened for business May 2025
- Property is situated at the signalized intersection of N Mulberry and W French Street (combined average daily traffic count of +/-18,735 VPD)
- New 772 SF building located on .54 AC parcel
- New 10-year ground lease term recently commenced
- Full-Term Personal Guaranty from Franchisee
- Ground lease features 10% rental increases every 5 years
- Scooter's Coffee | Founded in 1988 in Bellevue, Nebraska
- 900+ Locations | 30 States