Listing Agency: Matthews h***@matthews.com Show Phone

Listed By: Hutt Cooke · License #AL 000168807 - 0

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:00PM

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Investment Insights

Based on property information with market context.

This NNN property is associated with Dutch Bros and was constructed in 2025. The lease structure is identified as absolute NNN, with a stated 15-year term and a 5.75% cap rate.

The property is located at 2990 Cloverdale Rd in Florence, Alabama, 35633.

Key Highlights

• Dutch Bros property at 2990 Cloverdale Rd, Florence, AL 35633
• 2025 construction
• Absolute NNN lease structure

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

200

Businesses Nearby

200k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 48% Superstores 35% Shops & Services 17%

Walmart Superstores

69,973 visits/mo 0.4 miles

McDonald's Dining

20,161 visits/mo 0.1 miles

Jack's Family Restaurants Dining

17,682 visits/mo 0.2 miles

Zaxby's Chicken Fingers & Buffalo Wings Dining

17,172 visits/mo 0.4 miles

Culver's Dining

16,899 visits/mo 0.4 miles

Demographics for 35633, AL

20,446

Population

9,025

Households

2.3

Avg Household Size

44

Median Age

25%

College-Educated

87%

High-School Grad

208.3 sq mi

ZIP Area

98

Density / Sq Mi

$66,008

Median Household Income

$36,871

Median Earnings

$792

Median Rent

$177,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Absolute NNN structure with a stated 15-year term and 2025 construction.

Where is this nnn property located?

The property is located at 2990 Cloverdale Rd Florence, AL.

What are key features of this property?

This property features: Dutch Bros property at 2990 Cloverdale Rd, Florence, AL 35633; 2025 construction; Absolute NNN lease structure