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Scooter’s Coffee

1605 East Ohio Street, Clinton, MO, USA
$1,818,182 5.50% Cap 800 sq ft Built 2022 Actual Site Photo Print This Page

Location

1605 East Ohio Street, Clinton, MO, USA

Price: $1,818,182
Cap Rate: 5.50%
Net Operating Income: $100,000
Lot Size: 25,000
Building Size: 800 SF +/-
Year Built: 2022

Absolute NNN LeaseCorporate GuaranteeFee Simple Ground LeaseLocated on a Major Commercial ThoroughfareNew ConstructionSurrounded by Major RetailersZero Landlord Obligations

The subject property is a freestanding Scooter’s Coffee located in Clinton, MO. Scooter’s Coffee has a brand new 15 year absolute NNN ground lease with three, five-year options to renew. The lease calls for rent escalations of 10% every 5 years. The lease is guaranteed by a strong 52 unit operator. The subject property is brand new construction and includes a drive-thru. Neighboring tenants include CVS Pharmacy, McDonald’s, Taco Bell, Arby’s, Walgreens, and Walmart Supercenter and many others. The town of Clinton is the main corridor between the Kansas City Metro area and the Lake of the Ozarks making it the last food and service stop for visitors going to the lake. Weekend traffic past this site averages over 70,000 cars through the season.

Clinton is a city in Henry County, Missouri, United States. The population was 9,008 at the 2010 census. It is the county seat of Henry County.
The downtown square serves as a center for community commerce and public affairs (The square also serves as a parking lot.) It features a central courthouse and numerous shops, stores, and eating facilities. More than one dozen churches are found in the community, a few of which antedate 1900. Several important state highways intersect at Clinton, including Routes 13 & 7, making Clinton a popular stop on the Springfield-Kansas City Route. and a cluster of “big-box” stores, as well as several “national-chain” motels, are located in that area. Smaller motels are found on the outskirts of town on all sides.

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