5535 S 16th St - Retail FOR SALE


Lincoln, NE 68512- South Lincoln
$768,000 USD
303-328-2050
5535 S 16th St, Lincoln, NE for Sale
$768,000 USD
Retail - FOR SALE
1/3
null | 6.25% Cap Rate

5535 S 16th St
Lincoln, NE 68512
South Lincoln


HIGHLIGHTS

  • New 15 Year NNN Ground Lease With Zero Landlord Responsibilities
  • Extremely Low Rent-to-Sales Ratio
  • Operated By Experienced ±43-Unit Franchisee
  • Seasoned Location (Open Since 2013)
  • Freestanding Drive-Thru QSR in a High-Traffic Corridor
  • Prime Lincoln Infill Location

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Scooter’s Coffee drive-thru located along South 16th Street (Highway 2) in Lincoln, Nebraska. This asset features a new 15-year NNN ground lease with zero landlord responsibilities, operated by an experienced ±43-unit Scooter’s Coffee franchisee (lease guaranteed by the franchisee’s ±19-unit subsidiary). The offering provides investors with stable, passive income in a high-visibility, commuter-oriented corridor within one of the Midwest’s most resilient and diversified state capitals. Strategically positioned along South 16th Street—a major north-south arterial connecting South Lincoln to Downtown, U.S. Highway 77, and surrounding residential neighborhoods—the property benefits from strong daily traffic, excellent visibility, and efficient ingress/egress. The drive-thru-only format aligns with Scooter’s high-velocity beverage model, capturing peak morning and afternoon demand from commuters, students, and nearby residents. The site is surrounded by established retail centers, schools, medical users, and major employers, including proximity to the University of Nebraska-Lincoln, supporting consistent year-round sales performance. The long-term NNN ground lease includes scheduled 10% rent increases every five years and four five-year renewal options, providing built-in income growth and extended occupancy potential. With zero landlord responsibilities and a proven multi-unit franchisee guaranty, the asset offers stable, predictable cash flow. This Scooter’s Coffee represents an attractive opportunity to acquire a high-performing drive-thru asset in a dense, infill Lincoln location with strong demographic support and long-term economic stability.

FOR SALE DETAILS

PRICE

$768,000 USD

PRICE/SF

$1,536 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooter’s Coffee | 15yr NNN

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

09-12-325-001-000

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

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