1161 Florence Blvd, Florence, AL 35630 For Sale

Northmarq is pleased to present to qualified investors the opportunity to acquire a fee-simple interest in a newly constructed, single-tenant Starbucks located at 1161 Florence Boulevard, Florence, Alabama (the “Property”).

The Property comprises approximately 2,500 square-feet on ± 0.91 acres and features brand-new 2025 construction. Starbucks occupies the site under a corporate-guaranteed, 10-year NN lease, which includes six (6) five-year renewal options and 10% rental escalations every five years throughout the initial term and renewal periods.

This lease is backed by Starbucks Corporation, the world’s leading specialty coffee retailer with over 40,190 stores across 80+ markets globally. Founded in 1971 and headquartered in Seattle, Washington, Starbucks is renowned for its strong brand recognition, consistent revenue growth, and robust same-store sales performance. The company holds an investment grade credit rating of BBB+ from S&P, offering long-term stability and reliability for investors.