931 Rainbow DrGadsden, AL 35901

This exceptional investment opportunity presents a 2,000 square foot Tropical Smoothie Cafe in Gadsden, Alabama. Located at the signalized intersection of US Route 411 and South 4th Street, this high-visibility location boasts a combined daily traffic count of 39,247 vehicles. Benefiting from its proximity to Interstate 759 (28,098 AADT), the property enjoys excellent accessibility and high visibility. The site is ideally situated adjacent to Gadsden Mall, a premier shopping destination, and surrounded by a dense concentration of retail establishments including Walmart, Lowe's, Chick-fil-A, McDonald's, and many more. The property sits on a 0.64-acre lot and features a new, 10-year absolute NNN lease (commencing November 19, 2024, and expiring November 30, 2034) with scheduled rent bumps, ensuring a stable and growing income stream. The tenant, Dyne Hospitality Group, operates over 120 Tropical Smoothie Cafe locations, making them the largest franchisee in the system. The property's strong demographics are further supported by a population of 49,967 within a five-mile radius, including proximity to several schools. With a 6.25% cap rate and a Net Operating Income (NOI) of $183,011, this is a compelling investment opportunity for both local and out-of-area investors seeking a low-management, high-return asset. The property is also suitable for a 1031 exchange. The building was constructed in 2024.