Flowers Foods (NYSE: FLO) 612 Glover 6 552 pi² Industriel Immeuble Enterprise, AL 36330 2 359 943 $ CAD (360,19 $ CAD/pi²) 7,25% Taux de capitalisation

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Flowers Foods located in Enterprise, Alabama, within the Dothan MSA. The property was built for Flowers Foods in 2020 where they signed a long-term lease through February 2033. The lease features 6% rental escalations every ?ve years in the primary term and 2% annual escalations in the two 5-year renewal options. Flower Foods is a publicly traded company (NYSE: FLO) with 47 bakeries across the United States. They hold an investment grade rating (BBB) by Standard & Poor’s. The subject location functions not only as a retail store, but as a distribution hub as well.
Flowers Foods, the second-largest bakery in the country with a commanding 17% market share, operates this sophisticated integral distribution facility that serves as the central nexus of its expansive bakery footprint across the Southeast. Strategically positioned among its various production facilities, this hub efficiently consolidates products from iconic brands like Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Simple Mills, Wonder Bread, and Tastykake. From here, goods are seamlessly staged and distributed through an independent partner network, ensuring fresh delivery to end consumers. With a scale over three times larger than Pepperidge Farm and trailing only the global giant Bimbo, Flowers Foods leverages this facility to power its robust business strategy, solidifying its dominance in the competitive bakery industry.
The 6,747 square-foot building is strategically positioned on Glover Avenue, which sees 8,900 vehicles daily. Its proximity to Boll Weevil Circle, with over 33,600 vehicles per day, enhances its accessibility as the circle serves as a major thoroughfare around Enterprise and connects to all major routes out of the city. There are over 38,000 people living within a ?ve-mile radius. Those of which earn an average household income exceeding $84,000. The property is just minutes from national retailers including Walmart Supercenter, ALDI, Publix, CVS, Hobby Lobby, McDonald’s, Chick-?l-A, Wells Fargo, and many others.