Scooter's Coffee
800 SF | Retail Building | Clinton, MO 64735 | $1,504,000 ($1,880/SF) | 6.65% Cap Rate
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,504,000
- Property Type
-
Retail
- Square Feet
- 800 SF
- Price / Square Foot
- $1,880
Listing Contacts
Jacob Abusharkh
Verified Profile
- Property Info
Property Overview
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
In Association with ParaSell, Inc. | A Licensed Missouri Broker #2019035835
Property Details
- Class
- B
- Year Built
- 2022
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 25,700 SF
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