1501 Denmark Rd | Union, MO 63084
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1501 Denmark Rd
Union, MO 63084
Scooter's Coffee | 6.25% CAP | 15 YEAR LEASE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG TERM & BRAND-NEW LEASE – 15-year lease will commence at the COE, providing a long term and stable investment for a new investor.
- FRANCHISE GUARANTEE – The lease is backed by a franchise guarantee from a 28+ unit operator and the Scooter's Franchise of The Year award recipient.
- HIGH TRAFFIC AREA – The subject property is situated on a large corner lot and has excellent visibility along the US 50, seeing 11,000+ VPD.
- ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor.
- RENTAL INCREASES – There are 2% rental increases annually, providing an investor a hedge against inflation.
- MARKET DOMINANT COFFEE CHAIN – Scooter’s Coffee has been in business for more than 20 years and operates 800+ locations across 30 state.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
648 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.10 AC
Parking
8 Spaces (12.35 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 17-7-360-0-013-029100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $156,020 |
PROPERTY TAXES
Parcel Number
17-7-360-0-013-029100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$156,020
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