Scooter’s Coffee Ground Lease
Single-Tenant Offerings
Scooter’s Coffee Ground Lease
8439 Madison Blvd.
Madison (Huntsville MSA), AL
- Price:
- $990,000
- Cap Rate:
- 6.90%
- NOI:
- $68,400
- Rentable SQFT:
- 650 SF
- Year Built:
- 2025
- Lot Size:
- 0.81 +/- Acres
- Lease Type:
- Absolute NNN Ground Lease
- Status:
- Available
Investment Highlights
- New 10-Year NNN Ground Lease with 10% Rental Increases Every 5 Years
- Strong Personal Guaranty, 4-Unit Operator in Alabama and Growing
- Brand New Drive-Thru Coffee Kiosk on Large Parcel
- Serving Over 87,000 Residents in Growing Trade Area
- Average Household Income Exceeds $124,000 in 3 Miles and $139,000 in 5 Miles
- Outparcel to Brand New Aldi, In the Heart of Regional Retail Hub with High-Performing Stores and Restaurants
- Across from $2.2+ Billion Mixed-Use Development with 472 Homes and 1 Million SF of Commercial, Retail, and Hotels
- Just West of 3,843-Acre Cummings Research Park with 26,000+ Employees, 2nd Largest Research Park in the U.S.
- Close Proximity to 38,000-Acre Redstone Arsenal Army Base (50,000+ Base Population), $300 Million Expansion Projects Under Construction
- Redstone Arsenal will be Home to the New $1+ Billion U.S. Space Command Headquarters
- Minutes to $1 Billion New FBI Campus (3,400 Employees) and Marshall Space Flight Center (6,000 Employees)
- Hard Corner Location at Busy Signalized Intersection with 52,700+ Cars/Day
- Positioned on A.M. Side of Main Commuter Artery for Residents North of I-565 Traveling to Huntsville, Cummings Research Park, and the Redstone Arsenal Army Base
- Easy Access to I-565 with 114,500+ Cars/Day, Connecting to Downtown Huntsvillex
- Strong Daytime Population, More Than 52,500 Employees in the Primary Trade Area
- Surrounded by Several K-12 Schools (10,000+ Students) and Near The University of Alabama in Huntsville (6,800 Students)
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