931 Rainbow Dr Gadsden, AL 35901

This exceptional investment opportunity presents a 2,000 square foot Tropical Smoothie Cafe in Gadsden, Alabama, situated on a 0.64-acre lot at the signalized intersection of US Route 411 and South 4th Street, boasting a combined daily traffic count of 39,247 vehicles. The property benefits from its adjacency to Gadsden Mall and proximity to Interstate 759 (28,098 AADT), ensuring high visibility and accessibility. A new 10-year absolute NNN lease with scheduled rent increases commences November 19, 2024, and expires November 30, 2034, minimizing landlord responsibilities. The tenant, Dyne Hospitality Group, operates over 120 Tropical Smoothie Cafe locations, demonstrating operational expertise and financial stability. The property's strong location is supported by a dense population (49,967 within a 5-mile radius) and proximity to schools and major retailers including Walmart, Lowe's, Chick-fil-A, and McDonald's. The property's NOI is $183,011, yielding a 6.60% cap rate at an asking price of $2,773,000. Built in 2024, this property is ideal for 1031 exchange investors seeking a low-management, high-return investment with significant growth potential in a thriving retail corridor. The property's location at the confluence of Birmingham, Huntsville, and Atlanta ensures consistent commuter traffic. Tropical Smoothie Cafe's strong brand recognition and consistent performance, including its #1 ranking in the Smoothie/Juice category by Entrepreneur Franchisee 500, further enhances the investment's appeal.