Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a new 10-year Scooter’s Coffee ground lease in Cleburne, Texas according to Tim A. Speck, division manager in the firm’s Dallas office.

Vincent Knipp, Senior Managing Director Investments, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private developer. The property, an outparcel to Lowe’s, benefits from easy access to Fort Worth and Dallas via direct routes on North Main Street and State Highway 67.

“The buyer had experience owning another Scooter’s Coffee location in Florida, which likely contributed to their quick commitment and efficient closing timeline of just 20 days,” said Knipp.

Scooter’s Coffee is located at 2102 North Main Street in Cleburne, Texas.