INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Scooter’s Coffee in Louisville, KY, located approximately 10 miles from the city’s central business district. The lease features a new 20-year term with attractive 1.5% annual rent escalations. The property has strong location fundamentals, sitting as an outparcel to Southwest Towne Center which sees over 1.2 million visits.
- Scooter’s Coffee in Louisville, KY | Largest City in Kentucky
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- New Construction With Long Term Lease | Recently Completed Building With 20-Year Term Following
- Built-In Hedge Against Inflation | 1.5% Annual Increases
- Outparcel Location | Southwest Towne Center is a 198,000 Square Foot Shopping Center That Attracts Over 1.2 Million Visits Annually
- Large, High-Growth Market | Global Coffee Consumption Has Grown 190% Since 1964
- Growing Brand Within Submarket | Scooter’s Expects to Have Over Two Dozen Locations in the Greater Louisville Region By 2026
- National Retailers Located Nearby | Burlington, Dollar Tree, Five Guys, and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Scooters Coffee | $1,000,000 | 6.00% | NNN | 685 | Available |