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Scooter's Coffee

$1,211,000

Hughes Rd & Madison Blvd, Madison, AL 35758

Active
Last Updated: 07/24/2025

5.65

Cap Rate

68,400

NOI

Details:
Cap Rate:    5.65%
NOI:    $68,400
Building Size:    650 sqft
Lot Area:    0.81 acres
Lease Type:    Absolute Net
Year Built:    2025
Tenancy:    Single
Parking Spots:    7
Highlights:
  • Newly constructed Scooter’s with a 10-year ground lease on .81 acres
  • 10% rent increases every 5 years and in each option period
  • Four (4), 5-year options
  • Zero landlord maintenance or expense responsibilities
  • Madison is a highly desirable submarket of Huntsville - the “Rocket City”
  • Located between Interstate 565 and Madison Blvd, on a primary retail corridor surrounded by dense residential, retail, hotels and industrial buildings
  • Outparcel to an ALDI grocery store, next to a new Fairfield Inn & Suites, across from a Walmart Supercenter shopping center and multiple medical offices
Description:

New construction on a ground lease, grocery anchored outparcel, across from a Walmart Supercenter on a main retail corridor between I-565 and Madison Blvd with ~101K VPD combined. U.S. Army’s Redstone Arsenal (8 miles) has ~700 Active Duty Soldiers and over 50,000 civilian and contract employees. Household incomes of $131,765 in a 5-mile radius.

Map:
Documents:
Title
Scooters_MadisonAL.pdf
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Location
Gallery