Prime Net Lease is pleased to present a rare opportunity to acquire the fee simple interest in a Scooter’s Coffee location in Taylorville, IL. Built in 2021, this strong-performing property offers a 15-year sale-leaseback by a strong, growing, and profitable 6-unit operator (with 2 additional sites currently under construction) whose sales are steadily rising across the operating entity.
A brand-new, absolute NNN lease will commence at closing, featuring 10% rental increases every 5 years and five successive five-year extension options, each maintaining the same rental escalation structure. With zero landlord responsibilities, the lease offers true long-term passive income for investors.
The subject property is situated on a large corner lot with excellent visibility along E 1500 N Road and W Springfield Rd, a major thoroughfare in the city of Taylorville that sees approximately 15,000 vehicles per day. Surrounding major retailers include ALDI, Walmart, Dollar Tree, and Arby’s, all of which contribute to strong consumer traffic in the area.
Scooter’s Coffee, headquartered in Omaha, NE, operates 850+ locations across 31 states. Founded in 1998, Scooter’s Coffee continues to expand rapidly and establish itself as a powerhouse coffee brand.