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Scooter’s Coffee NNN Investment

1450 N Meridian St, Portland, IN

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For Sale

Contact for pricing

Corporate guaranteed NNN lease with scheduled rental increases.

Type:RETAIL

Property size:

684 SF

Lot size:

0.43 Acres

Price / SF:

$2,105/SF

HighLights

Corporate Guaranteed Absolute Triple Net (NNN) Investment With Zero Landlord Responsibilities.
20‑Year Lease With 10% Increases Every 5 Years.
Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth.
Ideally Situated Off North Meridian Street Which Sees Over 13,000 Vehicles Per Day.
Scooter’s Coffee Operates 900+ Locations Across 30 Different States.
Nearby Tenants Include: Tractor Supply, Pizza Hut, Taco Bell, Burger King, O’Reilly Auto Parts, CVS, Advance Auto Parts and Super Wash.

We can help!

Listing Contact

Jack Liberatore

For Sale

Contact for pricing

Corporate guaranteed NNN lease with scheduled rental increases.

Type:RETAIL

Property size:

684 SF

Lot size:

0.43 Acres

Price / SF:

$2,105/SF

Added:: Apr 9, 2025
Days on Market:: 431
Last Refresh:: May 20 at 10:03 pm

Property Features for 1450 N Meridian St

General Information

Standard status: Active
Size: 684 SF
Lot size: 0.43 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Jack Liberatore

Listing agent John Brown License #CA 01387583

Listing office Sands Investment Group (SIG) - Corporate

Listing date Apr 9, 2025

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) - Corporate

HighLights

Corporate Guaranteed Absolute Triple Net (NNN) Investment With Zero Landlord Responsibilities.
20‑Year Lease With 10% Increases Every 5 Years.
Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth.
Ideally Situated Off North Meridian Street Which Sees Over 13,000 Vehicles Per Day.
Scooter’s Coffee Operates 900+ Locations Across 30 Different States.
Nearby Tenants Include: Tractor Supply, Pizza Hut, Taco Bell, Burger King, O’Reilly Auto Parts, CVS, Advance Auto Parts and Super Wash.

Overview

This 684-square-foot Scooter’s Coffee property is available for sale. It features a corporate-guaranteed absolute triple net (NNN) lease, meaning zero landlord responsibilities. A new 20-year lease will commence upon the close of escrow, which includes 10% rental increases every 5 years. The property is located off North Meridian Street in Portland, IN, which sees over 13,000 vehicles per day. Nearby tenants include Tractor Supply, Pizza Hut, Taco Bell, Burger King, O’Reilly Auto Parts, CVS, Advance Auto Parts and Super Wash. Scooter’s Coffee was founded in 1988 in Bellevue, Nebraska, and has been in business for more than 20 years. They operate 900+ locations across 30 different states.

Property Profile Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Similar Places Nearby

Scooter's Coffee — 1450 N Meridian St, Portland, IN 47371

Location Insight

Map
Local Demand

City: Portland
County: Jay
State: Indiana
Longitude: -84.9781
Latitude: 40.4171

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For sale
Coffee shops
IN
Portland
1450 N Meridian St

What type of property is this?

Coffee shop - Corporate guaranteed NNN lease with scheduled rental increases.

Where is this coffee shop located?

The property is located at 1450 N Meridian St Portland, IN.

What is the asking price?

The asking price for this property is $1,440,000.

What are key features of this property?

This property features: Corporate Guaranteed Absolute Triple Net (NNN) Investment With Zero Landlord Responsibilities.; **20‑Year Lease With 10% Increases Every 5 Years.**; Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth.

1450 N Meridian St, Portland, IN

Corporate guaranteed NNN lease with scheduled rental increases.

Property Features for 1450 N Meridian St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Turnkey Restaurant on Major Highway

Value-Add Self Storage Facilities

Turnkey Restaurant on Corner Lot

Self-Storage Facility with 383 Units

Industrial Property with Modern Warehouse

Portland IN Manufacturing Building For Sale

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