261 Cox Crk Pkwy Florence, AL 35630-7504
This exceptional investment opportunity presents a portfolio of four net-leased restaurants totaling 24,412 square feet across 3.21 acres in the thriving Florence/Muscle Shoals MSA of Alabama. Strategically located along major retail corridors in Florence, Russellville, and Muscle Shoals, these properties benefit from excellent visibility and high traffic counts. The portfolio boasts 100% occupancy with diverse tenants in the fast food and casual dining sectors, all featuring rental increases and renewal options. The properties are situated in Lauderdale, Colbert, and Franklin counties, benefiting from a growing population base fueled by the University of North Alabama. The combined NOI is $740,892, resulting in a compelling 6.86% cap rate. The asking price for this portfolio is $10,796,000. Detailed sales data is available upon request. This is a rare opportunity to acquire a well-performing, diversified restaurant portfolio in a strong, growing market. Each property is individually situated in the largest city of its respective county, within a MSA of 155,175 residents, exhibiting consistent growth since 2010 at a rate of 3.3%. The portfolio offers a secure, passive income stream with significant upside potential.
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Taziki's Mediterranean Cafe - Florence Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
2 · Florence, ALFlorence. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.