INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Scooters Coffee in Louisville, KY, 12 miles Southeast of downtown Louisville. Scooters is a growing coffee franchise with over 800 locations nationally. The lease features a 15 year absolute triple-net (NNN) lease with 2% annual increases. The property sits at a signalized intersection which sees upwards of 15,000 vehicles daily, and is located in close proximity to a Walmart, McDonalds, and more.
- Scooters Coffee in Louisville, KY | 12 Miles Southeast of Downtown Louisville
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Structured Hedge Against Inflation | 2% Annually
- Robust Local Population Growth | 8.1% Increase in 5 Mile Radius Since 2010
- Signalized Corner Location | Ruckriegel Parkway & Taylorsville Road Intersection Sees Over 15,000 Vehicles Per Day
- Significant Lease Term Remaining | Over 14 Remaining in Base Term
- Close Proximity to Interstate Highway | Located on KY-155
- National Retailers Located Nearby | Walmart, Great Clips, McDonald’s, Republic Bank, and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Scooters Coffee | $2,421,785 | 7.00% | NNN | 664 | Available |