2555 W Goodman Rd - Fast Food FOR SALE


Horn Lake, MS 38637
$1,227,886 USD
408-510-9057
2555 W Goodman Rd, Horn Lake, MS for Sale
$1,227,886 USD
Fast Food - FOR SALE
1/4
null | 7% Cap Rate

2555 W Goodman Rd
Horn Lake, MS 38637


HIGHLIGHTS

  • Located in Booming Memphis MSA Submarket Just Off of US Hwy 51 in a Prime Area of Horn Lake, Outparcel to a Walmart Neighborhood Market
  • Brand-New 20-Year Absolute NNN Lease Commencing at Close of Escrow | Rent Increases of 1.50% Annually | Four (4), Five (5) Year Extension Options
  • Operator Recently Named Franchisee of the Year by Scooter’s Corporate for Operational Excellence
  • Since Opening, Pyramid Coffee, LLC Has Rapidly Established Itself as a Leading Player in the Coffee Market
  • Down the Street From Walmart Supercenter, Kroger, Waffle House, Sonic, Aaron’s Rent To Own, ALDI, Chick-fil-A, Whataburger, Dollar Tree, Walgreens

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed Scooter’s Coffee in Horn Lake, Mississippi, a fast-growing suburb within the Memphis MSA. The offering features a brand-new 20-year absolute NNN sale-leaseback that will commence at the close of escrow, with zero landlord responsibilities and rare 1.50% annual rent increases. The lease is guaranteed by Pyramid Coffee, LLC—Scooter’s Coffee's Franchisee of the Year—and includes four (4) five-year renewal options, offering long-term, passive income backed by a high-performing operator. The ±664-square-foot drive-thru kiosk sits on a ±0.32-acre parcel and is strategically positioned along Goodman Road (MS-302), which sees over 28,000 vehicles per day. The site is outparcel to a Walmart Neighborhood Market and surrounded by major national retailers including Walgreens, Kroger, McDonald’s, Chick-fil-A, and ALDI. Just minutes from US Hwy 51, the property benefits from both strong local visibility and regional connectivity. The surrounding market is growing rapidly, with over 108,000 residents in the 5-mile trade area and an average household income approaching $80,000. As part of the Memphis metro, Horn Lake offers direct access to one of the South’s most important distribution, healthcare, and cultural hubs. With brand-new construction, a top-performing franchisee, and a long-term lease structure, this offering presents a compelling opportunity to secure durable cash flow in a booming submarket.

FOR SALE DETAILS

PRICE

$1,227,886 USD

PRICE/SF

$1,849 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooter's Coffee | 20YR NNN Lease | 7% Cap

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-3

APN/PARCEL ID

1088340000002900

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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