Scooters 20 year Land Lease 5% cap rate

Retail-Commercial for Sale
Catylist Listing ID: 30770369
Property Subtypes: Restaurant
Building Size (RSF): 450 SF
Gross Building Area: See Agent
Sale Price: $1,092,000
Unit Price: $2,426 PSF
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 5.0%
Last Updated: 1/24/2022

Overview / Comments

Scooters 20 year land lease for sale
Absolute NNN
10% rent increases every 5 years

Broker has ownership interest in this property located at 4040 N 72, Omaha NE

Attachments & Media

Current Tenants

Tenant Business Name Scooters Coffee
Is Renting? Yes
Annual Revenue $54,600 (Annual)
Current Rent $54,600 PSF (Annual)
Escalations 10% every 5 years

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Douglas
Tax ID/APN: 0627780175
Zoning: COMMERCIAL
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2016
Total Parking Spaces: 6
Parking Type: Surface
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Broker is the owner of the property

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,158 125,376 284,875
Median Age: 35.89 34.57 34.57
Households: 5,372 52,596 116,653

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