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    621 E St N Kendallville, IN

    For Sale
    $1,840,000

    Absolute NNN lease with corporate guaranty and rental increases.

    Property size:
    684 SF
    Lot size:
    1.31 Acres

    Property Features for 621 E St N

    General Information

    Size
    684 SF
    Lot size
    1.31 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Jack Liberatore

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Scooter’s Coffee NNN Investment Opportunity

    This 684-square-foot Scooter’s Coffee property is available for sale in Kendallville, Indiana. The property features an absolute triple net (NNN) lease with zero landlord responsibilities, secured by a corporate guaranty. The 20-year lease includes 10% rental increases every 5 years. The property is located on the corner of Riley Road and East North Street, with a traffic volume of over 17,000 vehicles per day. Nearby tenants include Aaron’s Rent-to-Own, USPS, O’Reilly Auto Parts, Tractor Supply, Advance Auto Parts, Kroger, Wendy’s, Chase Bank, Great Clips, and AT&T Store. Scooter’s Coffee, founded in 1988 in Bellevue, Nebraska, has been in business for over 20 years and operates more than 900 locations across 30 states.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Similar Places Nearby

    WhatchamaCAKES, Five Lakes Coffee, Orange Julius, Scooter's Coffee

    Map

    City
    Kendallville
    County
    Noble
    State
    Indiana
    Longitude
    -85.2649754
    Latitude
    41.4414384

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    FAQs

    What type of property is this?
    Coffee shop - Absolute NNN lease with corporate guaranty and rental increases.
    Where is this coffee shop located?
    The property is located at 621 E St N Kendallville, IN.
    What is the asking price?
    The asking price for this property is $1,840,000.
    What are key features of this property?
    This property features: - 20-Year Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities; - Corporate Guaranty; - 10% Rental Increases Every 5 Years
    (844) 474-4666
    Request Owner's contact information
    621 E St N Kendallville, IN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    621 E St N Kendallville, IN
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