

Krispy Kreme Ground Lease
Low Rent | Corp. Guarantee | Main Retail Hub | Next to Top Performing Walmart
Investment highlights
Low rent, corporately guaranteed Krispy Kreme Ground Lease with approximately 7 years remaining located in Gadsden, AL, approximately 60 miles northeast of Birmingham, AL
Conservative rent of only $77,500 ($29.02/SF) with four (4), five (5) year option periods
Absolute NNN Ground Lease on over 1.3 acres
2,671 SF state of the art construction built in 2015 with a drive-thru
Krispy Kreme, Inc. was founded in 1937 and has over 2,200 locations in over 40 countries- total revenue of approximately $1.66 billion in 2024
Adjacent to a 3M SF Takkion Clean Energy Plant that will be used as a storage and handling hub for solar panels and other devices that will be distributed to clean energy projects across the U.S.
Takkion is an industry leading global renewal energy logistics company based in Wyoming- the new operation will put Gadsden in the center of distribution for the entire renewable energy industry throughout the Southeast
Located in the main retail corridor of Gadsden as an outparcel to River Trace shopping center- anchored by Hobby Lobby, Ross, Five Below, and Shoe Carnival- over 1.9 million annual visitors for the entire center and over 408K visitors for Hobby Lobby
Adjacent to one of the top Walmart’s in the state of Alabama- over 2.7 million annual visitors- 86th percentile for Alabama (15th out of 102) and 79th percentile in U.S. (810th out of 3,883)
Approximately 1 mile from Gadsden Regional Medical Center- 346-bed hospital with over 2,000 healthcare professionals
Located near Coosa Town Center- anchored by T.J.Maxx, Old Navy, and Bealls- over 3.9 million annual visitors- 90th percentile for Alabama (12th out of 115) and 81st in U.S. (1,360th out of 7,219)
Dense retail corridor with national tenants such as: Aldi, Walgreens, Popeye’s, Arby’s, Burger King, Panda Express, Panera, Captain D’s, Dairy Queen, and Taco Bell
Over 37,000 cars/day on E Meighan Boulevard
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