Scooter's Coffee

Living in Milan offers residents a dense suburban feel and most residents own their homes. In Milan there are a lot of parks. Many families and retirees live in Milan and residents tend to lean conservative. The public schools in Milan are above average. The village of Milan is on the Rock River in northwest Illinois, about 4 miles upstream of its outlet to the Mississippi. The village is the site of the south campsites which are comprised the Sauk and Fox village of Saukenuk, once the second-largest Native American inhabitation in North America. Originally platted along the right-of-way for the Hennepin Canal, in 1837, the village site was called in land speculation papers "Hampton" (not the town in Illinois, approximately 13 miles north-northeast, on the Mississippi River). "Hampton's" land speculators, George Camden and Franklin Vandruff, sold land along the Rock River, along a north-west flowing creek, which was re-routed north into the Rock's main channel. Along Mill Creek, the industries of wool-carding and (river clamshell) "pearl" button-making helped rename the village by 1841 as Camden Mills. This charming small town offers a lot of great activities for residents. Milan sits below Moline and the Rock River. We are 7 miles from Downtown Rock Island, IL. With wonderful parks, a lively dining experience and music scene, you will find yourself immersed in the culture of Milan, IL. The village has "sister cities" in Missouri, Tennessee, and Michigan.Prime Net Lease is pleased to offer the opportunity to acquire the fee simple interest in a Scooter’s Coffee. The subject property was originally built in 2023. This absolute NNN lease has 2% rental increases annually and grants the Tenant four successive options to extend the lease. Each option is for five years and includes the aforementioned 2% annual rental increases. Additionally, the annual rent is set at a healthy and below market rent-to-sales ratio. The Property has excellent visibility and is conveniently situated on a large corner lot. The property is in close proximity to Highway 78 and Interstate 280, a main corridor in the area that sees heavy traffic on a daily basis, and is within miles of Quad Cities International Airport. Nationally recognized tenants such as McDonalds, U.S Bank, Taco John’s, Walgreen's, Olive Garden, Ross Dress for Less, and Verizon surround the property, further driving consumers to the area. This specific location offers a brand new 15-year lease, excellent corner lot visibility, a franchise guarantee, and zero landlord responsibility. Scooter’s Coffee, headquartered in Omaha, NE has close to 700 locations across 33 states. Founded in 1998, Scooter’s Coffee now employs over 110,000 people across its many locations.