10 Goodrich Blvd Miami, OK 74354
This exceptional investment opportunity presents the fee simple interest in a newly constructed (2023) Scooter's Coffee located in Miami, Oklahoma. The property boasts a 15-year absolute NNN lease with a highly creditworthy franchisee, ensuring minimal landlord responsibilities. The lease features annual rent bumps of 1.75%, providing a hedge against inflation. Four, five-year renewal options further solidify the long-term investment potential. Situated on a prominent 0.5-acre corner lot along Route 66, this 629 square foot building benefits from high visibility and significant daily traffic. The surrounding area includes numerous national brands, creating a strong retail environment. The property's strong financial performance is reflected in a 7.00% cap rate and a net operating income (NOI) of $82,000. This sale-leaseback transaction offers a secure, low-maintenance investment with substantial upside potential in a thriving market. The tenant, a successful franchisee, provides a personal guarantee, adding an extra layer of security. This is a rare opportunity to acquire a well-positioned, high-performing asset with a proven track record in a rapidly growing sector.
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Scooter's Coffee Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.