ATTRACTIVE LEASE FUNDAMENTALS
- 15 year Ground Lease provides next owner with zero landlord responsibilities
- 10% rental increases in primary term and in option periods
FAST GROWING BRAND
- Scooters currently has nearly 600 locations nation wide and expected to have more than 1,000 locations by 2024
- Ranked #13 on Yelp’s 2023 list of “50 Most Loved Brands in the U.S.”
LOCATED IN CENTRAL TN - TAX FREE STATE
- From 2021 to 2022 the Population of Lewisburg, TN grew by more than 2%
- Lewisburg’s central location provides easy access to nearby major cities
- Approximately 1 hour from Huntsville, AL and Nashville, TN
- Tennessee has no income tax
LOCATED NEAR INDUSTRIAL MAJOR EMPLOYERS
- More than 1.6 Million SF of industrial space within a 1-mile radius of the subject site
- Located just 1.5 miles from the site is the Comfort Research Park with more than 1.3M SF of warehouse and industrial space
- Within a 5-mile radius of the site the AHHI is $78,335
SITE IS POSITIONED ON MAIN RETAIL CORRIDOR
- Site is adjacent to the only Walmart in a 15 mile radius (1.90M annual visitors)
- Nearby national retailers include: Walmart Supercenter, Tractor Supply Co., Kroger, and more
NEARBY ECONOMIC DRIVERS
- The property is located 0.3 Miles from the Marshall Medical Center
- This hospital employs more than 150 employees with over 25 beds for critical access
- Down the road from the site is West Hills Elementary School
- With over 600 students and more than 200 employees
- AAHI exceeds $75K in a 5-mile radius