Log In/Sign Up
Your email has been sent.
Starbucks | Birmingham MSA 30 Nicole Lane Blvd 2,500 SF Retail Building Anniston, AL 36206 $3,008,000 ($1,203.20/SF) 6.65% Cap Rate
Investment Highlights
- New 10-year net lease to Starbucks, the world’s largest coffee chain, operating over 35,000 stores in 80 countries.
- Starbucks is ranked #116 on the Fortune 500 list and 319th on the Forbes Global 2000.
- Starbucks is pursuing several growth initiatives for 2025, including opening 2,000 new U.S. stores, expanding its Community Store initiative.
- 10% rental increases every five (5) years through initial term and option periods, ensuring consistent income growth.
- Starbucks’ consolidated net revenues increased by 1% to $36.2 billion
Executive Summary
This brand-new 2025-constructed Starbucks is a premier single-tenant net-lease investment located at 30 Nicole Lane in Anniston, Alabama, within the Birmingham MSA. Built to Starbucks’ latest prototype, the 2,500 SF freestanding building features a drive-thru, modern architecture, and high-quality construction designed to optimize customer flow and operational performance.
Strategically positioned as an outparcel to Lowe’s and adjacent to a new ALDI, the site benefits from strong crossover traffic and a highly visible frontage along State Route 21, which sees 29,250 vehicles per day. The property is surrounded by a robust mix of national and regional retailers including Walmart Supercenter, Tractor Supply Co., Taco Bell, Subway, Arby’s, and several others, creating a dynamic retail corridor.
This investment is backed by a new 10-year net lease with Starbucks, a global, investment-grade coffee leader operating more than 35,000 stores across 80 countries. The lease includes 10% rental increases every five years, offering dependable income growth throughout the initial term and option periods. Positioned in a growing market with improving household income projections and steady population counts, the asset benefits from both strong tenancy and favorable local economic trends.
With its combination of reliable corporate credit, brand-new construction, exceptional visibility, and high-traffic placement, this Starbucks represents a stable and compelling long-term investment.
Strategically positioned as an outparcel to Lowe’s and adjacent to a new ALDI, the site benefits from strong crossover traffic and a highly visible frontage along State Route 21, which sees 29,250 vehicles per day. The property is surrounded by a robust mix of national and regional retailers including Walmart Supercenter, Tractor Supply Co., Taco Bell, Subway, Arby’s, and several others, creating a dynamic retail corridor.
This investment is backed by a new 10-year net lease with Starbucks, a global, investment-grade coffee leader operating more than 35,000 stores across 80 countries. The lease includes 10% rental increases every five years, offering dependable income growth throughout the initial term and option periods. Positioned in a growing market with improving household income projections and steady population counts, the asset benefits from both strong tenancy and favorable local economic trends.
With its combination of reliable corporate credit, brand-new construction, exceptional visibility, and high-traffic placement, this Starbucks represents a stable and compelling long-term investment.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
2025
Price
$3,008,000
Price Per SF
$1,203.20
Cap Rate
6.65%
NOI
$200,005
Tenancy
Single
Building Height
1 Story
Lot Size
34.32 AC
Opportunity Zone
Yes
Parking
30 Spaces (12 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-04-20-1-002-011.005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $900 |
Property Taxes
Parcel Number
18-04-20-1-002-011.005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$900
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks | Birmingham MSA | 30 Nicole Lane Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.