Scooter's Coffee | 5791 Airline Rd
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Scooter's Coffee 5791 Airline Rd
664 SF 4-Star Retail Building Arlington, TN 38002 $2,531,601 CAD ($3,813 CAD/SF) 7% Cap Rate
Investment Highlights
- New 15 Year Absolute NNN Lease with Personal Guaranty
- Two 5-Year Options with Fixed 10% Increases Every 5 Years
- A Fast Growing U.S. Franchise Brand with Over 800 Locations
- Brand New Construction; Tenant Opened October 2024
- Scooter's Coffee Ranked #2 on Entrepreneur's Franchise 500 List in 2024
- 0.63 Acre Lot with Drive Thru
Executive Summary
This brand new construction Scooter’s Coffee asset opened in October 2024. The investment offers a 15 Year Absolute NNN Lease with two 5-year renewal options and fixed 10% rent increases every 5 years. The subject property is strategically placed only 1 mile off Hwy 70 with 13,269 VPD. The newly constructed site sits on 0.63 acre lot with excellent visibility and frontage on Airline Rd with 15,147 VPD. The site is nearby numerous national and local retailers such as Wendy’s, Sonic Drive-In, McDonald’s, Waffle House, Domino’s Pizza, and more. The subject property is less than 1.5 miles of Providence Place, a 45-acre mixed-use development that is currently under construction. The site is within 1.5 miles from brand new 23k SF retail development, The Falls Shopping Center, anchored by Kroger Marketplace.
Affluent demographics with average HHI of $128,100+ in 3 mile radius. Scooter’s Coffee is a fast growing U.S. franchise brand with over 800 locations and is ranked #2 on Entrepreneur’s Franchise 500 list in 2024.
Watch Property Video: https://vimeo.com/999724387?share=copy
Affluent demographics with average HHI of $128,100+ in 3 mile radius. Scooter’s Coffee is a fast growing U.S. franchise brand with over 800 locations and is ranked #2 on Entrepreneur’s Franchise 500 list in 2024.
Watch Property Video: https://vimeo.com/999724387?share=copy
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
664 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,531,601 CAD
Price Per SF
$3,813 CAD
Cap Rate
7%
NOI
$177,189 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.63 AC
Amenities
- Drive Thru
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Scooter's Coffee
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Scooter's Coffee | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | A01-41 - - -00437 | Improvements Assessment | $10,206 CAD |
| Land Assessment | $186,369 CAD | Total Assessment | $196,575 CAD |
PROPERTY TAXES
Parcel Number
A01-41 - - -00437
Land Assessment
$186,369 CAD
Improvements Assessment
$10,206 CAD
Total Assessment
$196,575 CAD
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Scooter's Coffee | 5791 Airline Rd
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