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Scooter’s Coffee

2420 South Main Street, Fort Scott, KS, USA
$328,889 6.75% Cap 450 sq ft Built 2020 Actual Site Photo Print This Page

Location

2420 South Main Street, Fort Scott, KS, USA

Price: $328,889
Cap Rate: 6.75%
Net Operating Income: $22,200
Square Footage: 450
Lot Size: 12,000 SF

Absolute NNN LeaseDrive-Thru LocationExcellent Access and VisibilityFee Simple Ground LeaseLocated on a Major Commercial ThoroughfareNew ConstructionStrong and Experienced OperatorZero Landlord Obligations

The subject property is a freestanding Scooter’s Coffee located in Fort Scott, KS. Scooter’s Coffee has a brand new 10 year absolute NNN ground lease with four five-year options to renew. The lease calls for rent escalations of 10% every 5 years. The subject property is brand new construction. The building is 450 square-feet and includes a drive-thru. Neighboring tenants include Tractor Supply Co., Walgreens, McDonald’s, Dairy Queen and more. The tenant is a 40-unit operator with a 5-unit guarantee.

Fort Scott is a city in and the county seat of Bourbon County, Kansas, United States, 88 miles south of Kansas City, on the Marmaton River. As of the 2010 census, the city population was 8,087. It is the home of the Fort Scott National Historic Site and the Fort Scott National Cemetery. Fort Scott is named for Gen. Winfield Scott.

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Jacob Abusharkh Managing Principal View profile
Kase Abusharkh Founding Principal View profile

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