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NNN Scooter's Coffee 2725 Eastern Ave 668 SF Retail Building Plymouth, WI 53073 $1,881,696 CAD ($2,816.91 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Long-Term Income: Secure a 15-year absolute NNN ground lease featuring 10% rent increases every five years and zero landlord responsibilities.
- Strong Tenant & Operator: Established Scooter’s Coffee location operated by Hart Family Coffee, LLC, with 16 stores and a robust 40+ location pipeline
- Prime Retail Location: Benefit from exceptional visibility along Eastern Avenue, Plymouth’s primary retail corridor, generating over 10,500 vehicles p
- Affluent Market: Strong Plymouth fundamentals, Walmart-anchored retail, and average household incomes exceeding $95,000
Executive Summary
•15-Year Absolute NNN Ground Lease with 10% rent increases every 5 years
•Passive investment with zero landlord responsibilities
•Established Scooter's Coffee site, currently open and operating since 2023
•Land-only ownership with the tenant-built improvements reverting at lease expiration
•Prime visibility and access along Eastern Avenue, Plymouth's primary retail corridor, with daily traffic of 10,500+ VPD
•Nearby retail includes Walmart Supercenter, Fleet Farm, Jimmy John's, Advance Auto Parts and more
•Close proximity to the Walmart Supercenter-anchored retail node
•Plymouth is a regional center of the national cheese industry, anchored by stable food manufacturing, insurance, and healthcare employment drivers
•Affluent trade area: $95,136 average household income within 5 miles and $92,360 within 3 miles
•Experienced Operator: Hart Family Coffee, LLC operates 16 Scooter's Coffee stores across Wisconsin and South Dakota
•Strong growth pipeline of 40+ locations
•Scooter's Coffee: Established national drive-thru coffee brand with 900+ locations across 32 states
•Passive investment with zero landlord responsibilities
•Established Scooter's Coffee site, currently open and operating since 2023
•Land-only ownership with the tenant-built improvements reverting at lease expiration
•Prime visibility and access along Eastern Avenue, Plymouth's primary retail corridor, with daily traffic of 10,500+ VPD
•Nearby retail includes Walmart Supercenter, Fleet Farm, Jimmy John's, Advance Auto Parts and more
•Close proximity to the Walmart Supercenter-anchored retail node
•Plymouth is a regional center of the national cheese industry, anchored by stable food manufacturing, insurance, and healthcare employment drivers
•Affluent trade area: $95,136 average household income within 5 miles and $92,360 within 3 miles
•Experienced Operator: Hart Family Coffee, LLC operates 16 Scooter's Coffee stores across Wisconsin and South Dakota
•Strong growth pipeline of 40+ locations
•Scooter's Coffee: Established national drive-thru coffee brand with 900+ locations across 32 states
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
668 SF
Building Class
B
Year Built
2023
Price
$1,881,696 CAD
Price Per SF
$2,816.91 CAD
Cap Rate
6.25%
NOI
$117,606 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.58 AC
Zoning
B-2 - General Business
Parking
10 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
243’ on Eastern Avenue
Amenities
- Signage
- Drive Thru
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,201,645 CAD | |
| Land Assessment | $1,477,258 CAD | Total Assessment | $7,678,903 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,477,258 CAD
Improvements Assessment
$6,201,645 CAD
Total Assessment
$7,678,903 CAD
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NNN Scooter's Coffee | 2725 Eastern Ave
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