Scooter's Coffee | 6.9% Cap | NNN Lease | 1004 Robins Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Scooter's Coffee | 6.9% Cap | NNN Lease 1004 Robins Rd
600 SF Retail Building Hiawatha, IA 52233 $1,173,193 ($1,955/SF) 6.90% Cap Rate
Investment Highlights
- Absolute Net Leased Investment
- Strong Brand With Major Growth Potential
- Located in dynamic Linn County, Iowa
- Brand New 15 Year Lease
- Ideal Quick Service Model For Contactless Dining
- Just across the street from The Crossing on Boyson - a proposed 196-unit multifamily development
Executive Summary
Marcus and Millichap is pleased to exclusively market for sale the real estate of a freestanding Scooter's Coffee in Hiawatha, IA. The 0.77 acre lot consists of approximately 600+ square feet of building space that includes parking, a drive-thru, and street signage.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
600 SF
Building Class
C
Year Built
2022
Price
$1,173,193
Price Per SF
$1,955
Cap Rate
6.90%
NOI
$81,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.77 AC
Parking
7 Spaces (11.67 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Scooter's Coffee
- Retailer
- 600 SF
- -
- Triple Net
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Scooter's Coffee | Retailer | 600 SF | - | Triple Net | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 11332-30001-00000 | Improvements Assessment | $376,300 |
Land Assessment | $200,200 | Total Assessment | $576,500 |
PROPERTY TAXES
Parcel Number
11332-30001-00000
Land Assessment
$200,200
Improvements Assessment
$376,300
Total Assessment
$576,500
Learn More About Investing in Retail Properties
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Scooter's Coffee | 6.9% Cap | NNN Lease | 1004 Robins Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.