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Gadsden, Ala. — RealSource Group has facilitated the $3 million sale of a newly constructed, 2,500-square-foot single-tenant retail property located in Gadsden. Starbucks Coffee occupies the building on a 10-year, double-net-lease with 10 percent rental increases every five years. This transaction marks the first single-tenant Starbucks property sold in Alabama in 2025, according to RealSource Group.
Austin Blodgett and Jonathan Schiffer of RealSource Group, in association with ParaSell Inc., represented both the Ohio-based private buyer and the Tampa, Florida-based private developer in the transaction.