1085 Mid City Dr Huntsville, AL 35805
New construction Starbucks with a 10-year net lease.
Type:Retail
Property size:
2,500 SF- Added:
- May 4, 2024
- Days on Market:
- 714
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 1085 Mid City Dr
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Retail
Listing agent Eric Carlton License #CA 01809955
Listing office Colliers - Los Angeles - Orange County, California
Listing date May 4, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Orange County, California
Overview
New Starbucks in MidCity District
This new single-tenant net-leased investment opportunity features a Starbucks location in Huntsville, AL. The property is subject to a 10-year net lease with four 5-year option periods and 10% rent increases every 5 years. The lease is backed by a corporate guarantee and features limited landlord responsibilities. The Starbucks is situated at the gateway of MidCity District, a 140-acre redevelopment project. This project prioritizes entertainment, fitness, recreation, public gathering areas, walkable streets, inspired architecture, vibrant neighborhoods, and intimate spaces. The redevelopment includes over 660,000 square feet of curated retail, 400,000 square feet of modern office space, over 1,865 multi-family units, and 925 hospitality rooms. Nearby attractions include the Orion Amphitheater, The Camp, Top Golf, Dave & Buster’s, High Point Climbing & Fitness, and REI. The property is suitable for commercial real estate, retail space, retail properties, coffee shops, and restaurants.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Coffee shops
Similar Places Nearby
- Kung Fu Tea — 1022 Mid City Dr, Huntsville, AL 35806
- Starbucks Coffee- MidCity — 1085 Mid City Dr, Huntsville, AL 35806
- Herbalife - MidCity Nutrition — 4820 University Dr Unit 6, Huntsville, AL 35816
- Starbucks — 1085 Mid City Dr, Huntsville, AL 35805
- The Greenroom Coffee Shop at The Camp — 5909-A University Dr, Huntsville, AL 35806
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.618
- Latitude
- 34.7068
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - New construction Starbucks with a 10-year net lease.
Where is this coffee shop located?
The property is located at 1085 Mid City Dr Huntsville, AL.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: New 10‑year net lease with corporate guarantee.; Located at the gateway of the MidCity District, a 140‑acre redevelopment project.; 10% rent increases every 5 years, providing inflation resistant income.
