Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Scooter's Coffee drive-thru at 401 W O Street in Lincoln, Nebraska, positioned at the gateway corridor connecting downtown Lincoln and the University of Nebraska–Lincoln. The ±646-square-foot building, built in 2017 and in continuous operation since, sits on ±1.42 acres and is secured by a new 15-year NNN ground lease commencing July 2026, with zero landlord responsibilities and four (4) five-year renewal options. Annual base rent of $55,000 at a 6.20% cap rate includes scheduled 10% rent increases every five years, providing consistent income growth and inflation protection. The lease is guaranteed by a 19-unit subsidiary of Metcalf Coffee, an experienced ±43-unit Scooter's Coffee franchisee with a proven track record operating this high-volume location since 2017, and an extremely strong rent-to-sales ratio.
The property fronts W O Street (±18,491 VPD) at its signalized intersection with Sun Valley Boulevard (±8,531 VPD), with I-80 (±32,865 VPD) approximately one-quarter mile to the north, providing strong commuter capture from multiple directions. The 3-mile trade area holds 89,027 residents with an average household income of $77,407, supported by the University of Nebraska–Lincoln (23,954 enrollment, 740,000+ annual visitors), Lincoln High School (2,118 students), and a dense mix of state government, healthcare, and professional services employment. The Lincoln MSA counts 352,574 residents at $108,125 average household income, with a $35 million Project O Street reconstruction underway along the subject's corridor through fall 2027, representing the most significant public reinvestment in downtown Lincoln in decades.