Scooters Coffee

366 Sam Ridley Pkwy W, Smyrna, TN
Deal Type:
Net Lease
Price:
$1,186,440
Cap Rate:
5.90%
Current Rent:
$70,000
Lease Type:
Ground Lease
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4, Five year
Building Sq. Ft.:
655 SF
Rent Increases:
10% every 5 years
Site Size:
.50 Acres

Investment Highlights

  • Commitment: Brand new construction Scooter’s features an absolute NNN ground lease structure with no landlord responsibilities providing passive ownership
  • Rent Growth: The lease calls for 10% increases every 5-years, providing a hedge against inflation
  • Location: Situated on Sam Ridley Pkwy which has a traffic count of over 26,000 VPD
  • Tax Benefit: Income tax free state
  • Demographics: Dense Nashville MSA location with over 104,000 people and an avg. household income of $92,800 within 5 miles of the site

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]

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