5331 US-231
Wetumpka (Montgomery), AL 36092
Scooter’s Coffee
| Offering Summary | |||
|---|---|---|---|
| Price | $953,846 | Cap Rate | 6.50% |
| NOI | $62,000.00 | Rentable SF | 664 SF |
| Lot Size | 29,953 +/- SF | Year Built | 2023 |
| Lease Type | Absolute NNN Ground Lease | Lease Term | 15 Years |
Investment Highlights
- Brand New 2023 Construction w/ Latest Drive-Thru Prototype
- 15-Year Absolute NNN Ground Lease (Zero LL Responsibilities)
- 10% Rent Increases Every 5-Years in Base Term & Options
- Traffic Counts Exceed 36,000 Vehicles Per Day on US-231
- Average Household Income Exceeds $98,000 (5-Mile Radius)
- Directly Across from Grocery Anchored Shopping Center
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com