100% Occupied by National Tenants – Starbucks and Verizon Tenants Since 2006
– Three out of the four tenants have corporate credit and occupy a total of 85% of the gross leasable area.
– Anchored by Verizon (Cellco Partnership – Corporate) and Starbucks Drive-Thru, which recently signed long-term lease extensions of five and ten years.
– Starbucks Corporation (NASDAQ: SBUX) is a global coffee leader with an investment-grade credit rating of BBB+ from S&P Global Ratings, ensuring long-term financial stability and reliability.
– Starbucks has occupied this property for 21+ years and they have renewed their lease multiple times.
– Verizon Wireless currently holds an investment grade credit rating (BBB+) from Standard and Poor’s.
Outparcel to Eastern Shore Centre – 560,000+ Center with 50+ Tenants
– The subject property is located on a signalized intersection with three points of ingress and egress.
– Neighboring national tenants include Publix Super Market, Best Buy, World Market, Chick-fil-A, Ross, Ashley Furniture and much more.
– The subject property is located off of Interstate 10, which averages over 59,000 vehicles per day.
– Eastern Shore Point also boasts completely unobstructed visibility and a highly visible pylon sign.
State’s Fastest Growing County – Baldwin County, AL
– Baldwin County’s population grew by 30% between 2013 and 2023.
– Baldwin County is Alabama’s fourth largest county with a population of 269,000+ as of 2025.
– Residents are moving to the area due to the proximity to the coast, affordability and it’s strong school system.
– Spanish Fort, AL, is located near the Port of Mobile which is the deepest port on the U.S. Gulf Coast for container ships and has some of the fastest-growing container traffic in the region.
Affluent Market with an Average Household Income over $133,000+ in a 1-Mile Radius
– The subject property also boasts an average household income of $111,000+ in a 3-mile radius and an average household income of $110,000+ in a 5-mile radius.
– Spanish Fort, AL is considered to have a high quality of living with a suburban feel, family-friendly communities and with mostly owner-occupied homes.
Recent Capital Improvements Include New Roof Coating with 10-Year Warranty
– In 2025 ownership installed a new roof coating, which comes with a 10-year warranty and was completed using American WeatherStar materials.
