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Starbucks 820 Hwy 31 NW 2,500 SF Retail Building Hartselle, AL 35640 $3,040,000 ($1,216/SF) 6.25% Cap Rate
Investment Highlights
- Strategically located off Hwy 31, the subject property benefits from robust traffic counts exceeding 26,000+ VPD
- Booming retail corridor: Surrounding retailers include but are not limited to Walmart, Lowe’s, Kroger, Planet Fitness, CVS, and others
- The Huntsville MSA is home to over 1.2 million people, marking it as the 15th fastest growing MSA nationally
- This is the only Starbucks location in Hartselle, AL, benefiting from limited competition
- Hartselle is a short 35-minute drive time to Huntsville, the top 15-fastest growing MSA in the nation
Executive Summary
Starbucks signed a brand new 10-year lease, which will commence in early 2026 and expire 10 years thereafter with 10% rental escalations every 5 years. The parcel is tenant maintained.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
B
Year Built
2025
Price
$3,040,000
Price Per SF
$1,216
Cap Rate
6.25%
NOI
$190,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.80 AC
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-02-10-3-001-009.001 | Improvements Assessment | $105,020 |
| Land Assessment | $75,960 | Total Assessment | $180,980 |
Property Taxes
Parcel Number
15-02-10-3-001-009.001
Land Assessment
$75,960
Improvements Assessment
$105,020
Total Assessment
$180,980
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Starbucks | 820 Hwy 31 NW
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