Retail Business for Sale in Huntsville, AL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Huntsville, AL 35810
Description
STARBUCKS HAS INVESTMENT GRADE RATING OF “BBB+” | 40,789 LOCATIONS • Starbucks has an S&P Investment Grade Credit Rating of “BBB+” and is ranked #120 on the Fortune 500 List. • Starbucks is the world’s premier coffee company with over 40,789 locations and $32.2 billion in annual revenue, ranked #1 in the Food Services Industry by Fortune in 2023. HUNTSVILLE, AL | FASTEST GROWING CITY IN ALABAMA • Huntsville is the largest city in Alabama and the county seat of Madison County, with direct access to I 565, I-65, and Hwy-431. • Huntsville is known as the “Rocket City” – home to NASA’s Marshall Space Flight Center and Redstone Arsenal (45,500+ employees). • Major employers include Boeing, Lockheed Martin, Northrop Grumman, Raytheon, Blue Origin, and Mazda Toyota’s $2.3B plant (300,000 vehicles/yr). • Facebook invested $1B+ in a 3.5M SF Huntsville data center. • Huntsville’s metro population exceeds 500,000 and is the fastest-growing city in Alabama, with nearly 20% growth in the past decade. • Huntsville is a higher education hub with UAH, Alabama A&M, and Oakwood University, providing a skilled workforce. • This Starbucks is located in a rapidly growing market and is the only freestanding Starbucks in North Huntsville. LOCATED DIRECTLY OFF AN EXIT OF NEW BYPASS HWY ($53M PROJECT) • This Starbucks is positioned directly off the new $53 million bypass project, benefiting from a new exit location.This Starbucks is located off the Huntsville Northern Bypass, a direct extension of Hwy 255, which relieves congestion on North Memorial Parkway, one of Huntsville’s busiest corridors. • The bypass allows for a smoother commute from north Alabama and southern Tennessee, bringing more traffic past the site and increasing daily customer exposure. • City and state leaders see the bypass as a “game-changer” that will attract new retail, commercial, and mixed-use development along the route. (Link to Article) ADJACENT TO NEW FOOD CITY AND FUTURE TARGET & HOME DEPOT CENTER • This Starb
Market Context
This retail in Huntsville, AL is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Huntsville, AL — <a href="/search/sale/retail/alabama/huntsville">view the full market</a>.
Contact
- Eddie Greenhalgh · (205) 510-9200
- David H. Johnson, CCIM · (615) 997-2863 · david.johnson@marcusmillichap.com
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