Commercial: MLS #0026845343 Florence, AL $ 1,195,000
Commercial: MLS #0026845343
$ 1,195,000
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Commercial: MLS #0026845343

Florence, AL
$ 1,195,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,545

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Commercial Property for sale in Florence, AL for $1,195,000. This building was built in 2017.

We are pleased to present a premier, stabilized commercial net-lease investment opportunity with a cap rate of 7.84% located at 2606 Cloverdale Rd (also recognized as 960 Cox Creek Pkwy) in Florence, Alabama. Constructed in 2017, this attractive 2,926 square foot single-story commercial building occupies a 6,316 square foot parcel strategically situated adjacent to the Cloverdale Village Shopping Center. The asset is fully leased to Cellular Sales of Birmingham, LLCa major corporate Verizon Wireless affiliate with an unconditional corporate guaranty from Cellular Sales of Knoxville, Inc. Delivering zero near-term capital drag, an extended lease term through 2031, and contractual rental growth, this property represents an ideal "hands-off" acquisition for a passive net-lease investor seeking immediate, predictable cash flow backed by an institutional-grade retail tenant. This is a textbook "sleep-well-at-night" net-lease asset tailored for an investor seeking premium corporate credit and zero management responsibilities. Referenced in municipal records as a flagship retail asset bought on a strong cost basis, 2606 Cloverdale Rd removes all speculative leasing risk by offering five years of uninterrupted cash flow visibility under a newly minted amendment. Backed by an essential-use tenant with contractual rent increases and a completed capital shell, this property stands out as a fortress acquisition in the robust Alabama commercial retail market. Cloverdale Rd represents a premier, institutional-grade commercial investment. The tenant's long-term commitment through 2031, combined with an ironclad corporate guarantee and a clean operational history, minimizes any downside risk for an incoming buyer. For the passive investor looking to deploy capital into a newer-construction, internet-resistant retail asset with a highly predictable yield profile and strong real estate fundamentals, this offering delivers a flawless, turn-key investment path.

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Commercial Active

Price

$ 1,195,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

2017

Town/City

Florence

MLS | Web ID

0026845343

Features
General
Zoning Commercial
Year Built 2017
Property Type Commercial Sale
Status Active
City Florence
Standard Status Active
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Interior
Total Stories 1
Total Baths 0
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Exterior
Lot Features Corner Lot
Lot Size Area 6316
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* Excluded Features
List By
Oron Maher

Listing Agent

Maher Commercial Realty

Broker

oron@mahercr.com

Email

Affordability Calculator

$7,545
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,545
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$1,195,000 -40.10% Price Down
6/9/2026$1,995,000 Listed Price

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