Contacts
Paul Matusik
Prime Net Lease
Property Details
- Property Type Retail - Freestanding
- Property Size 600 SF
- Lot Size 0.41 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2023
- Date Updated Oct 29, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- LONG TERM & BRAND-NEW LEASE – 15-year lease will commenced at the COE, providing a long term and stable investment for a new investor.
- ABSOLUTE NNN LEASE – Absolute NNN lease requires no landlord responsibilities and management headaches, ideal for an out-of-area investor
- RENTAL INCREASES – There are 2% rental increases annually, providing an investor a hedge against inflation.
- FRANCHISE GUARANTEE – The lease is guaranteed by the Franchisee, a strong and growing 12-unit operator looking to expand to 50 locations.
- MARKET DOMINANT COFFEE CHAIN – Scooter’s Coffee has been in business for more than 20 years, operates 700+ locations across 33 states, and has aggressive expansion plans for the next several years.
- HIGH TRAFFIC AREA - The property is in close proximity to Highway 78 and Interstate 280, a main corridor in the area that sees heavy traffic on a daily basis, and is within miles of Quad Cities International Airport.
Attachments
Getting around
-
Walk Score ®
-
Bike Score ®
Location
- City Milan, IL
- Neighborhood Milan
- Zip Code 61264
Points of Interest
-
Hy-Vee Gas
1.56 miles
-
Shell
2.20 miles
-
BP
2.55 miles
-
Jewel Express
3.39 miles
-
76
3.42 miles
-
Gas Land
3.61 miles
-
Moline Food Gas and Liquor
4.14 miles
-
Credit Union Parking
1.47 miles
-
Short Term Parking
1.85 miles
-
Rental Cars
1.87 miles
-
Long Term Parking
1.87 miles
-
Cell Phone Lot
2.04 miles
-
Lot M
3.88 miles
-
Lot L
3.88 miles
-
Lot N-1
3.90 miles
-
Lot R
3.90 miles
-
Lot N-3
3.92 miles
-
Hardee's
1.56 miles
-
McDonald's
1.59 miles
-
Maid-Rite
1.71 miles
-
Subway
1.81 miles
-
Fazoli's
1.91 miles
-
Pizza Joynt
2.04 miles
-
Bare Bones BBQ
2.07 miles
-
Benny's Pizza
2.18 miles
-
Montana Jacks
2.23 miles
-
Taco Bell
2.27 miles
-
Save-A-Lot
1.62 miles
-
Hy-Vee
1.66 miles
-
Kohl's
1.83 miles
-
Target
1.88 miles
-
Ross
1.97 miles
-
Von Maur
2.33 miles
-
JCPenney
2.49 miles
-
Dillard's Clearance Center
2.49 miles
-
Shoppes at Southpark
2.49 miles
-
City Line Plaza
3.30 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Paul Matusik
Prime Net Lease