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Scooter's Coffee NNN Investment 901 N Mulberry St 772 SF Retail Building Elizabethtown, KY 42701 $1,080,988 CAD ($1,400.24 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 2025 new construction with patio
- New 10-year ground lease term recently commenced
- Lease features 10% rental increases every 5 years
- New 772 SF building located on .54 AC parcel
- Full-Term Personal Guaranty from Franchisee
EXECUTIVE SUMMARY
NAI Isaac is pleased to present an investment opportunity to purchase the property ground leased to Scooter's Coffee at 901 N Mulberry Street in Elizabethtown, Kentucky. This deal Includes an Absolute Triple Net (NNN) Investment with zero Landlord responsibilities. A 10-year ground lease with 10% increases every 5 Years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
772 SF
Building Class
C
Year Built
2025
Price
$1,080,988 CAD
Price Per SF
$1,400.24 CAD
Cap Rate
6.50%
NOI
$70,264 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.57 AC
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 220-40-05-027 | Improvements Assessment | $0 CAD |
| Land Assessment | $523,765 CAD | Total Assessment | $523,765 CAD |
PROPERTY TAXES
Parcel Number
220-40-05-027
Land Assessment
$523,765 CAD
Improvements Assessment
$0 CAD
Total Assessment
$523,765 CAD
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Scooter's Coffee NNN Investment | 901 N Mulberry St
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