- $1.1M Price
- .15 Acres
- 93 DOM
2606 Cloverdale Road
We are pleased to present a premier, stabilized commercial net-lease investment opportunity with a cap rate of 8.15% 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, LLC a 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.
Essential Information
- MLS® #26845343
- Price$1,149,000
- Bathrooms0.00
- Acres0.15
- Year Built2017
- TypeCommercial Sale
- StatusActive
Community Information
- Address2606 Cloverdale Road
- CityFlorence
- CountyOther
- Zip Code35633
Interior
- # of Stories1
Exterior
- Lot DescriptionCorner Lot
Additional Information
- Date ListedJune 9th, 2026
- Days on Market93
- ZoningCommercial
Listing Details
- AgentOron Maher
- OfficeMaher Commercial Realty
Price Change History for 2606 Cloverdale Road, Florence, (MLS® #26845343)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,195,000 to $1,149,000 | ||
| Price Reduced from $1,995,000 to $1,195,000 |
Oron Maher, Maher Commercial Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of September 10th, 2026 at 7:56pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.