Scooter’s Coffee | Portland, IN
Sands Investment Group Is Pleased to Exclusively Offer For Sale the 684 SF Scooter’s Coffee Absolute NNN Asset Located at 1450 North Meridian Street in Portland, 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.
- 20-Year Absolute Triple Net lease With 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 Off North Meridian Street Which Sees Over 13,000 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 Across 30 Different States
- Nearby Tenants Include: Tractor Supply, Pizza Hut, Taco Bell, Burger King, O’Reilly Auto Parts, CVS, Advance Auto Parts and Super Wash
In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918
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