Prattville, AL - Scooter's Coffee

Description:

• The tenant will sign a brand new 15-year lease at close of escrow with 4 (5-year) options to extend, demonstrating commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Local franchisee operator with a personally guaranteed lease from the two operators

• The subject property is strategically located along S Memorial Dr, which averages over 21,200 vehicles passing by daily
• The site is in the center of a primary retail corridor with major national/credit tenants including a Walmart Supercenter, Publix, Home Depot, Lowe’s, Target, Goodwill, McDonald’s, Wendy’s, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site