Property summary
This exceptional investment opportunity presents a fee-simple interest in a brand-new, 664-square-foot Scooter's Coffee drive-thru in Madisonville, Texas. Built in 2023, this property boasts a 15-year absolute NNN lease with a 10% rent increase every five years, ensuring strong, predictable returns. The 0.78-acre lot provides ample parking (15 spaces per 1,000 sq ft) and is strategically located on May Street, adjacent to Madisonville High School, Madisonville Jr. High, Madisonville Elementary School, and St. Joseph Health Hospital, guaranteeing high traffic volume. The property benefits from its position on a major thoroughfare between Houston and Dallas, and as the only national coffee QSR in Madisonville, enjoys a significant competitive advantage. The current NOI is $90,000, representing a 7.00% cap rate on the $1,285,700 asking price. The lease includes three 5-year renewal options, further securing long-term investment value. This is a turnkey investment ideal for passive investors seeking a low-maintenance, high-return property in a growing Texas market. The property's APN is R-0010-000-0070-901 and is zoned for commercial use. This is a rare opportunity to acquire a prime, fee-simple, net-leased property with a strong brand and exceptional location.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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