Technical
Financial
Distress signals
Property profile

100 Family Fare Dr Nappanee, IN 46550

OFF-MARKET
Turn key restaurants
Property ID
US31-3079524
0.43 ac lot Built 1987
Entity Owned Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

100 Family Fare Dr Nappanee, IN 46550
Nappanee metro Census 1200 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 100 Family Fare Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message