401 W O St, Lincoln, NE 68528

Freestanding Scooter’s Coffee drive-thru building offering approximately 646 square feet and constructed in 2017. The property has operated continuously since 2017 and is secured by a new 15-year NNN ground lease commencing July 2026. The lease is structured with zero landlord responsibilities and includes four (4) five-year renewal options. Lease terms call for annual base rent of $55,000 with scheduled 10% rent increases every five years.

Located along the gateway corridor connecting downtown Lincoln and the University of Nebraska–Lincoln, the property fronts W O Street at a signalized intersection with Sun Valley Boulevard. The remarks cite approximately 18,491 VPD on W O Street and 8,531 VPD on Sun Valley Boulevard, with I-80 approximately one-quarter mile to the north and cited at about 32,865 VPD. The site sits on approximately 1.42 acres.

For investors and operators evaluating NNN, the lease’s NNN ground-leased structure and renewal framework provide a contract-based hold period. The lease is guaranteed by a 19-unit subsidiary of Metcalf Coffee, which is described as an experienced 43-unit Scooter’s Coffee franchisee and operating the high-volume location since 2017. The corridor is also supported by major nearby demand generators identified in the materials, including the University of Nebraska–Lincoln and Lincoln High School, and an ongoing $35 million Project O Street reconstruction along the corridor through fall 2027.