114 Heart of Huntsville Dr SW

Diversified Partners is pleased to present for sale, a 

fee-simple interest in a 2,475 SF, freestanding, 2024 

construction, single-tenant Starbucks located at Clinton at 

Parkway Access in Huntsville, Alabama. The Asset is 100% 

leased to Starbucks Corporation with approximately 9 years 

remaining on the Primary Lease Term. The Asset features six, 

five-year renewal options with 10% rent increases in each 

option period. The property was delivered to Starbucks in the 

3rd Quarter of 2024 as a Build-to-Suit for the Tenant. 

Located just a mile west of downtown Huntsville, the Property 

is a rare highway location that sits right off the Clinton Avenue 

West exit of Memorial Parkway Southwest in a dense 

commercial corridor with high traffic counts of 140,400+ 

vehicles per day and over 128,590 residents within a five-mile 

radius. Within a one-mile radius, the area has seen an 

astounding 16.7% population growth since 2020.

The Property is situated as an outparcel to a mixed-use 

development featuring the Constellation Apartment Homes, 

a recently constructed, 219-unit apartment complex, the 

SpringHill Suites Huntsville Downtown location, a 250,000 SF 

office building, a bank tenant, and a restaurant tenant. Along 

the corridor, there is a Costco, Home Depot, Planet Fitness, 

Krispy Crème, and the Parkway Place Shopping Center that 

are all ranked in the top percentile for their respective brands, 

per Placer.ai. The Asset is also proximate to the Front Row, a 

$375M mixed-use development; the Von Braun Center, a 

10,000-seat entertainment hall; Huntsville High School, with 

over 1,800+ students enrolled; and the Huntsville Hospital, a 

medical park with over 1,800 beds and over $6 trillion in total 

patient revenue.