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Property profile & analytics
OFF-MARKET
Turn key restaurants

100 Family Fare Dr Nappanee, IN 46550

0.43 ac lot Built 1987
Entity Owned Free & Clear
Property ID
US31-3079524
Property summary
AI-generated overview

This exceptional investment opportunity presents a 600-square-foot, Class A Scooter's Coffee property located at 100 Family Fare Dr, Nappanee, Indiana, 46550. Built in 2022, this single-story building sits on a 0.43-acre lot zoned C-Commercial and boasts a prominent location on US Highway 6, less than a mile east of IN-19, ensuring high visibility. The property is offered for sale at $1,500,000, representing a compelling $2,500 per square foot price. The investment features a 15-year absolute NNN lease with a current NOI of $90,000, translating to a 6% cap rate. The lease includes a monthly rent of $7,500, with attractive 10% rental increases every five years, and three 5-year options to extend the lease at the same 10% increase. The franchisee, with a proven track record of success, operates two additional Scooter's Coffee locations in the region and is actively expanding, demonstrating strong financial stability and commitment to the brand. This sale-leaseback transaction provides a secure, passive income stream with significant long-term growth potential. The franchisee will sign the 15-year lease at closing. This is a rare opportunity to acquire a high-performing, low-maintenance investment in a thriving Indiana market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1987
Lot 0.43 ac (18,861 SF)
Zoning code ZO01
APN 20-14-31-276-052.000-029
UPID US31-3079524
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Scooter's Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
100 Family Fare Dr LLC
100 Family Fare Dr LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2022
Price N/A
2021
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
ZO01 · Nappanee, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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