Starbucks - Clanton, AL_Property for Sale
Starbucks - Clanton, AL_Property for Sale
2105 7th St S, Clanton, AL, 35045, US

Starbucks - Clanton, AL

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in the single-tenant Starbucks (the “Property” or “Asset”) located at 2105 7th St S in Clanton, AL. The 2,500 SF retail asset is 100% leased by Starbucks Corporation (“Starbucks” the “Tenant”) and has 10-years of lease term remaining, subject to a 10% rental increase in 2028.

Clanton is a borough in Chilton County, Alabama, directly in between Montgomery and Birmingham. The Property benefits from close proximity to two major cities as well as its strategic location along I-65 (41,000 VPD) between two exits providing convenient on-off interstate access for residents and commuters, alike.

This is Starbucks’ only location within a 20-mile radius. Since opening in September 2022, this location has been a top performer for the coffee chain, ranking in the 84th percentile of visits across all Starbucks locations, per placer AI. 

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Attributes

Asking Price
₱101,162,000
Building area Gross
232 sm
Occupancy
100.00%
Year built
2022

Media

Investment highlights


  • Only Starbucks location within 20-miles
  • 84th percentile of most visited Starbucks locations since opening in 2022
  • Immediate access to I-65 with exposure to 60,000 VPD
  • 2022 construction leased to Starbucks with 10-years of remaining term ad six (6) 5-year renewal options
  • Investment grade tenancy
Starbucks - Clanton, AL 4_Property for Sale
Starbucks - Clanton, AL 4_Property for Sale

Contact brokers

Starbucks - Clanton, AL (0 Properties)

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Last updated
Mar 23, 2023