Absolute NNN Ground Lease Scooter's Coffee | 1302 Central ave
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Absolute NNN Ground Lease Scooter's Coffee 1302 Central ave
850 SF 100% Leased Retail Building Carthage, MO 64836 £316,004 (£372/SF) 7.50% Net Initial Yield
Investment Highlights
- 10 Year Absolute NNN Ground Lease
- 3-Unit Operator and Guarantee
- Drive-Thru Location
- Zero Landlord Obligations
- 10% Rental Increases Every 5 Years
- Well Located along West Central Avenue
Executive Summary
This is the opportunity to purchase a freestanding Scooter’s Coffee located in
Carthage, Missouri, with a 10-year absolute NNN ground lease. The lease is
guaranteed by a reputable 3-unit operator, and includes four, five-year renewal
options, along with 10% rent increases every five years. The property is
situated along West Central Avenue, one of the main thoroughfares through
the city, with excellent visibility and exposure to over 11,000 vehicles per day.
It also has easy access to Interstate 49, offering direct connectivity to Kansas
City. The site is adjacent to a new-construction “Pete’s One Stop”, a 50-unit CStore
chain in the Midwest. It is also within close proximity to the Leggett &
Platt Distribution Center and neighboring tenants such as Arby’s, Sonic Drive-
In, Dollar General, Subway, Burger King, and more.
*SF of building is estimated
Carthage, Missouri, with a 10-year absolute NNN ground lease. The lease is
guaranteed by a reputable 3-unit operator, and includes four, five-year renewal
options, along with 10% rent increases every five years. The property is
situated along West Central Avenue, one of the main thoroughfares through
the city, with excellent visibility and exposure to over 11,000 vehicles per day.
It also has easy access to Interstate 49, offering direct connectivity to Kansas
City. The site is adjacent to a new-construction “Pete’s One Stop”, a 50-unit CStore
chain in the Midwest. It is also within close proximity to the Leggett &
Platt Distribution Center and neighboring tenants such as Arby’s, Sonic Drive-
In, Dollar General, Subway, Burger King, and more.
*SF of building is estimated
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
850 SF
Year Built
2024
Price
£316,004
Price Per SF
£372
Net Initial Yield
7.50%
NOI
£23,700
Percent Leased
100%
Number of Floors
1
Building FAR
0.05
Land Acres
0.40 AC
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Absolute NNN Ground Lease Scooter's Coffee | 1302 Central ave
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