Scooter’s Coffee | 15 Yr NNN | Johnson City, TN

STRONG FRANCHISE BRAND WITH NATIONAL GROWTH AND HIGH REVENUE POTENTIAL

• Scooter’s Coffee operates 800+ locations nationwide, reflecting the brand’s strong market presence and proven success.
• Average store sales (AUVs) range from $850K to $1.5M+, showcasing solid revenue potential and strong customer demand.
• Franchise EBITDA margins of 16%-22%, significantly outperforming most quick-service restaurant (QSR) brands in terms of profitability.
• The subject property has been operational since 2023 as a fully functioning Scooter’s Coffee location, ensuring a stable tenant from day one.

PRIME LOCATION WITH HIGH GROWTH, STRONG DEMOGRAPHICS, AND RETAIL DEMAND

• Situated in the Tri-Cities metro area (Johnson City, Kingsport, and Bristol), with a combined population of over 600,000 residents, providing access to a large and growing customer base.
• The area boasts average household incomes exceeding $96,000 annually, indicating strong local purchasing power and a higher-than-average standard of living.
• Population in the Tri-Cities area is growing at a rate of 1.25% annually, reflecting increasing demand for retail and services in the region.
• The subject property benefits from high traffic, surrounded by both commercial and residential developments, providing a prime location for a thriving business.

SECURE INVESTMENT WITH LONGTERM LEASE, MINIMAL LANDLORD RESPONSIBILITIES

• Fee simple ownership of both the land and the building, offering investors complete control and flexibility over the asset and its future use.
• The lease structure includes zero landlord responsibilities – the tenant is responsible for taxes, insurance, and property maintenance, minimizing landlord involvement.
• The 15-year lease term begins at the close of escrow, providing a long-term, stable source of income for the investor and ensuring future security.
• The lease features 1.5% annual rent increases, guaranteeing steady growth in rental income and protecting against inflationary pressures.