2135 IN-54 - Retail FOR SALE


Linton, IN 47441
$1,250,000 USD
980-498-3293
2135 IN-54, Linton, IN for Sale
$1,250,000 USD
Retail - FOR SALE
1/4
null | 6% Cap Rate

2135 IN-54
Linton, IN 47441


HIGHLIGHTS

  • ADJACENT TO MAJOR MARKET EMPLOYER
  • ATTRACTIVE LEASE FUNDAMENTALS
  • RECENT CONSTRUCTION AT SIGNALIZED CORNER

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - 15 year Abs. NNN Lease provides next owner with zero landlord responsibilities - 10% rental increases in primary term and in option periods FAST GROWING BRAND - Scooter’s currently has nearly 600 locations nation wide and expected to have more than 1,000 locations by 2025 - Ranked #13 on Yelp’s 2023 list of “50 Most Loved Brands in the U.S.” FIRST D/T ONLY COFFEE CONCEPT IN MARKET - This Scooters Coffee is the only “drivethrough” only concept in the Linton Market - Within a 1-mile radius of the Scooters Coffee is more than 390K SF of retail space - Nearby National Retailers Include: Walmart Supercenter, Tractor Supply Co., Dollar General, Goodwill, and more ADJACENT TO MAJOR MARKET EMPLOYER - Site is located across the street from Greene County General Hospital, the main Hospital for the Region - This hospital has more than 25 staffed beds and over 200 employees RECENT CONSTRUCTION AT SIGNALIZED CORNER - This Scooter’s Coffee has recently been built to suit the tenants specifications - With the new build-to-suit format the property comes with a ease of business drive through and multiple points of ingress and egress at a signalized intersection on W. State Rd 54 (12K VPD) OUTPARCEL TO WALMART SUPERCENTER - Walmart Supercenter sees over 1.7 Million visits annually creating a built in customer base for the coffee shop - The increased foot traffic drives customers to the location

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$1,883 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooters Coffee

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.