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Starbucks 820 Hwy 31 NW 2,500 SF Retail Building Hartselle, AL 35640 $3,167,000 ($1,266.80/SF) 6% Cap Rate

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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
Retail
Building Size
2,500 SF
Building Class
B
Year Built
2025
Price
$3,167,000
Price Per SF
$1,266.80
Cap Rate
6%
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

Scooter's Coffee
Bank Independent
PNC Bank
Zaxby's Chicken Fingers & Buffalo Wings
Storage Sense
Planet Fitness
Kroger
Regions Bank
Jefferson's Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-02-10-3-001-009.001
Land Assessment
$75,960
Improvements Assessment
$105,020
Total Assessment
$180,980
  • Listing ID: 38635787

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 820 Hwy 31 NW, Hartselle, AL 35640

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