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Scooter’s Coffee | 15yr NNN 3838 Normal Blvd 592 SF Retail Building Lincoln, NE 68506 $1,356,629 CAD ($2,291.60 CAD/SF) 6.25% Cap Rate

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Investment Highlights

  • New 15 Year NNN Ground Lease With Zero Landlord Responsibilities
  • Operated By Experienced ±43-Unit Franchisee
  • Freestanding Drive-Thru QSR in a High-Traffic Corridor
  • Extremely Low Rent-to-Sales Ratio
  • Seasoned Location (Open Since 2016)
  • Prime Lincoln Infill Location

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Scooter’s Coffee drive-thru located along Normal Boulevard 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 is guaranteed by franchisees ±19-unit subsidiary). The offering provides investors with long-term, passive income in a high-visibility, commuter-oriented corridor within one of the Midwest’s most stable and diversified state capitals.
Strategically positioned along Normal Boulevard—a well-traveled east-west arterial serving central and south Lincoln—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 residential neighborhoods, schools, medical offices, and retail centers, including proximity to the University of Nebraska-Lincoln, which supports 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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
592 SF
Building Class
C
Year Built
2016
Price
$1,356,629 CAD
Price Per SF
$2,291.60 CAD
Cap Rate
6.25%
NOI
$84,789 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.22 AC
Zoning
B1
Parking
5 Spaces (8.45 Spaces per 1,000 SF Leased)
Frontage
161’ on NORMAL BLVD

Amenities

  • Pylon Sign
  • Drive Thru
  • Air Conditioning
  • Smoke Detector
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Scooter's Coffee
Pinnacle Bank
Union Bank & Trust
Fit Body Boot Camp
Planet Fitness
Stop & Shop
Village Inn
Freddy's

Property Taxes

Property Taxes

Parcel Number
17-31-231-002-000
Land Assessment
$218,538 CAD
Improvements Assessment
$174,912 CAD
Total Assessment
$393,450 CAD
  • Listing ID: 39577164

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 3838 Normal Blvd, Lincoln, NE 68506

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