996 N Main St - Fast Food FOR SALE
Bluffton, IN 46714 |
$2,080,000 USD
843-510-0551
996 N Main St
Bluffton, IN 46714
HIGHLIGHTS
- 20-Year Absolute Triple Net Lease With Zero Landlord Responsibilities and Rare Corporate Guaranty - Lease Will Commence at the Close of Escrow
- Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth
- This Property is Ideally Situated on the Corner of North Main Street and West Dustman Road Which Sees Over 20,000 Vehicles Per Day
- Scooter's Coffee Was Founded in 1988 in Bellevue, Nebraska and Has Been in Business For More Than 20 Years; They Operate 900+ Locations
- Nearby Tenants Include: Fast Pace Urgent Care, Arby's, Sunoco, McDonald's, Ford Dealership, Dairy Queen, Family Farm and Home
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 683 SF Scooter's Coffee Located at 996 North Main Street in Bluffton, IN. This Deal Includes a Corporate Guaranteed Absolute Triple Net (NNN) Investment With Zero Landlord Responsibilities. A 20-Year Lease With 10% Increases Every 5 Years Will Commence at the Close of Escrow, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
FOR SALE DETAILS
PRICE
$2,080,000 USD
PRICE/SF
$3,467 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Scooter's Coffee - Bluffton, IN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.29 AC
LAND SF
56,192 SF
ZONING
-
APN/PARCEL ID
90-05-33-100-008.001-011
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843-510-0551
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843-510-0551
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