Starbucks

1085 Mid City Drive, Huntsville, AL 35805

$4,650,000

Cap Rate 4.41%

View OM

DOM: 3 Updated: 09.12.25 Posted: 09.12.25 Status: Active 09.12.25

Summary

Price $4,650,000	Built/Renov 2023	Tenant Starbucks
Cap Rate 4.41%	Lease Type Double NN	Guarantor Corp T and Rated
Size/SF 2,500	Lease Start 10-15-2023	#Units 38,038
Price/SF $1,860.00	Expiration 10-31-2033	Tenant Type Fast Food/QSR
NOI $205,000	R. Term 8.10	Ownership Fee Simple
Rent/SF $82.00	Increases 10.0%/6/yrs	Pop 5Mi 119,168
Lot/AC 0.69	Options 6/5yrs/10%	AHHI 5Mi $86,705

Highlights

Brand new 10-year NN corporate lease with six 5-year renewal options
Lease features 10% rental increases every 5 years
Starbucks corporate guarantee | Investment grade tenant (S&P: BBB+)
New ~2,500 SF building with single drive-thru on 0.69-acre parcel
Located at signalized hard-corner intersection with 113,700+ combined VPD
Strong trade area | 119,000+ residents within 5 miles | $86,700 AHHI
Part of $2.2B MidCity District redevelopment with retail, office, multifamily, and entertainment
Offered at $4,650,000 with a 4.41% cap rate

Location Description

Starbucks is strategically located along University Drive (Hwy 72) and Mid City Drive in Huntsville, Alabama, with access to a daily traffic count of approximately 113,700 vehicles (53,300 VPD on University Dr and 60,400 VPD on State Route 255). The site is surrounded by major national retailers including Walmart Supercenter, Sam’s Club, Target, Best Buy, etc, driving consistent consumer...

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Key Features

Hard corner intersection
Major thoroughfare
Near major nationals
Top 100 MSA
Business growth area
Brand new lease
Long operation history
Traded and rated company
Corporate Guarantee

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Links

Starbucks Wikipedia Starbucks Wikipedia Huntsville, AL Zip Code 35806 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Starbucks
Guarantor:Corp T and Rated
Company:Starbucks Corporation
# Units:38,038
Tenant S&P: BBB+
Moody’s: Baa1
Stock: NASDAQ: SBUX

About Tenant

Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official...

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Listing Broker

Eric Carlton

Colliers NNN Group

Contact

189 Listings
55923 Views
73 Sold

Jereme Snyder

Colliers NNN Group

Contact

177 Listings
52021 Views
67 Sold

Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

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Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

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