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3539 US 431
Phenix City, AL 36867
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year net lease to Starbucks, the world’s largest coffee chain, operating over 35,000 stores in 80 countries
- Starbucks is ranked #116 on the Fortune 500 list and 319th on the Forbes Global 2000
- Across the street from the #1 most highly trafficked Walmart in the entirety of Alabama
- 10% rental increases every five (5) years through initial term and option periods, ensuring consistent income growth.
- Starbucks’ consolidated net revenues increased by 1% to $36.2 billion
- Highly visible and easily accessible location along U.S. Route 280, allowing for prime site visibility
EXECUTIVE SUMMARY
Prime Retail Location: Highly visible and easily accessible location along U.S. Route 280, allowing for prime site visibility (33,899 AADT). Reliable Tenancy: Starbucks is the world’s largest coffee chain, operating over 35,000 stores in 80 countries while ranking #116 on the Fortune 500 list and 319th on the Forbes Global 2000 in 2024. Strong Demographic Base: The five-mile radius serves a populous region of 97,654, with an average annual household income of $74,526. New Retail Development: Located within a newly constructed 11.6-acre retail development which includes strong traffic drivers, including Outback Steakhouse, Valvoline, and Peachtree Immediate Care. New Construction: 2025 construction built to the latest Starbucks prototype featuring a drive-thru for added customer convenience. Growing Market Dynamics: Projected income increases within 1-,3-, and 5-mile radii over the next five years poise this Starbucks and Phenix City for steady concurrent growth.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2025
Price
$3,834,431 CAD
Price Per SF
$1,533.77 CAD
Cap Rate
6%
NOI
$230,066 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.55 AC
PROPERTY TAXES
| Parcel Number | 05-02-04-03-002-003.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $206,597 CAD | Total Assessment | $206,597 CAD |
PROPERTY TAXES
Parcel Number
05-02-04-03-002-003.000
Land Assessment
$206,597 CAD
Improvements Assessment
$0 CAD
Total Assessment
$206,597 CAD
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