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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31713305

1317 20th Ave, Northport, AL 35476

GW
OK OK 131858, UT UT 5481029-PB00
Northmarq - Tulsa
Listed by Northmarq - Tulsa
$2,800,000
49 days on market
Updated 7 days ago
Opportunity zone

Starbucks

Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 1,680
Cap Rate 6.25%
NOI $175,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Term 10
Remaining Term 10
Rent Bumps Yes
Lease Options Six, 5-year Options, at 10%
Year Built 2026
Acreage 0.600
Ground Lease No

Starbucks Located w/in Tuscaloosa MSA & Near Birmingham | Brand New 2025 Build | Corporate Guaranty

Marketing description

The Property comprises approximately 1,680 square feet on a ±.60-acre parcel and features brand-new 2026 construction featuring Starbucks latest prototype. The site is under a corporate-guaranteed, 10-year lease and is backed by Starbucks Corporation, the world’s leading specialty coffee retailer with over 40,190 stores across 80+ markets globally.

Investment highlights

  • New 10-Year Lease with Starbucks Corporation
  • Corporate Guarantee
  • New 2026 Construction
  • Strategic Location

Listing Contacts

GW
OK OK 131858, UT UT 5481029-PB00
Northmarq - Tulsa
Listed by Northmarq - Tulsa

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$175,000.00
$14,583.33/mo

Valuation Metrics

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DSCR
6.25%
Cap Rate
6.25%
ROI

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