For Sale
$1,500,000

1816 Reynolds RdBryant, AR 72022

High-performing Scooter's Coffee, 15-year NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 664-square-foot Scooter's Coffee location built in 2023, situated on a 0.6-acre lot in Bryant, Arkansas. The property benefits from a 15-year absolute triple-net (NNN) lease with a highly reputable franchisee, ensuring minimal landlord responsibilities. The lease includes annual rent increases of 1.5%, providing consistent income growth. The current annual net operating income (NOI) is $105,000, representing a 7.00% cap rate on the $1,500,000 asking price. This translates to a price per square foot of $2,259.04. The location is strategically positioned in a rapidly growing area, just 15 miles from Little Rock, Arkansas, and enjoys high visibility due to its proximity to schools and Interstate 30. The property's strong performance is evidenced by sales exceeding $1.2 million, resulting in a projected rent-to-sales ratio of approximately 8%. The lease includes two (2) and five (5) year renewal options. This is a single-tenant, single-story building with 100% occupancy. The franchisee is a multi-unit operator with plans for further expansion, adding to the investment's long-term value. This is a truly hands-off investment opportunity with significant upside potential.

Highlights

  • $1,500,000 asking price for a 664 SF Scooter's Coffee in Bryant, AR.
  • Brand new, fee simple ownership with a 15-year absolute triple-net (NNN) lease.
  • 7% cap rate, $105,000 NOI, and 1.5% annual rent increases.
  • High-performing location with sales exceeding $1.2 million, projected 8% rent-to-sales ratio, and a multi-unit operator franchisee.
  • Located in a rapidly growing area (24% growth in four years), 15 miles from Little Rock, with excellent visibility and access to I-30.
  • Scooter's Coffee is a rapidly expanding national chain with over 800 locations and plans for 30 states by 2024.

Property Details for 1816 Reynolds Rd

Property type
Retail properties, Restaurants
Square Feet
664 SF
Year Built/Renovated
2023/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
1

Location Insight

City
Bryant
County
Saline
State
Arkansas
Latitude
34.611818794781
Longitude
-92.496044505712
1816 Reynolds Rd, Bryant, Arkansas

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1816 Reynolds Rd
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