New 15 Year Absolute NNN Scooter's Coffee | 1605 E Ohio St
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New 15 Year Absolute NNN Scooter's Coffee 1605 E Ohio St
800 SF Retail Building Clinton, MO 64735 $1,379,310 ($1,724/SF) 7.25% Cap Rate
Investment Highlights
- NEW 15 YEAR ABSOLUTE NNN GROUND LEASE
- 10% RENTAL INCREASES EVERY 5 YEARS
- BRAND NEW CONSTRUCTION
- ZERO LANDLORD RESPONSIBILITIES
- DRIVE-THRU LOCATION
- SURROUNDED BY MAJOR RETAILERS
Executive Summary
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. The subject is situated between McDonald's &
CVS Pharmacy and neighbors other tenants such as 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.
In Association with ParaSell, Inc. | A Licensed Missouri Broker
#2019035835
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. The subject is situated between McDonald's &
CVS Pharmacy and neighbors other tenants such as 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.
In Association with ParaSell, Inc. | A Licensed Missouri Broker
#2019035835
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
800 SF
Building Class
B
Year Built
2022
Price
$1,379,310
Price Per SF
$1,724
Cap Rate
7.25%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.59 AC
Zoning
C - Commercial
Frontage
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 18-1.0-01-003-019-011.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $345,060 |
PROPERTY TAXES
Parcel Number
18-1.0-01-003-019-011.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$345,060
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New 15 Year Absolute NNN Scooter's Coffee | 1605 E Ohio St
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