deal image
2280 Cherry RdRock Hill, SC 29732
Scooter's Coffee | Charlotte MSA | 6.00% Cap
Asset ClassRetail
Cap Rate6%
Scooters Coffee | Rock Hill, SC | Bite Size Deal
overview of deal

Overview

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a Scooter’s Coffee in Rock Hill, SC. The Premises is leased to Scooter’s Coffee for a 20 year initial term. The Asset is well positioned on a major retail and commuter corridor in Rock Hill, SC and is located on the morning side to I-77

Access the Data Room

Investment Highlights

Well Known, Brand Name Tenant Driving Sales

  • Scooter’s Coffee has over 600 stores, with plans to open 1,000 stores by the end of 2024
  • Located in over 20 states

Attractive Lease Fundamentals

  • 20 year ground lease provides next owner with zero landlord responsibilities
  • 10% rental increases in primary and option periods

Strong Surrounding Demos in High-Growth MSA

  • More than 48K people live in a 3-mile radius
  • AHHI is approximately $90K in a 3-mile radius
  • Charlotte MSA ranks as the 8th fastest growing metro in the country

Located on Rock Hill’s Main Retail Corridor

  • Over 1.6MSF of retail space is located in a 1-mile radius, boasting a 0.8% vacancy rate
  • Nearby national retailers include: Publix, Aldi, Chick-Fil-A, Chipotle, Dunkin, and Burger King

Well Positioned on High Trafficked Road

  • Subject site is positioned on the morning side of Cherry Rd (32,300) to I-77 (71,900)
  • Over 84 feet of frontage on Cherry Rd
  • Less than 1 mile to I-77 exit
deal gallery image
deal gallery image
deal gallery image
2280 Cherry RdRock Hill, SC 29732
Charlotte MSA

Sales Team

deal image

Inquire

Listing provided by Revere CRE