Hartselle, Alabama Starbucks Property Sells for $2.8 Million

A small building with a clear transaction profile

A newly built Starbucks property in Hartselle changed hands for $2.8 million, putting a compact, single-tenant retail asset on the northern Alabama transaction map. The 2,297-square-foot building sits on 1.1 acres and was completed in 2025. Those details describe a property with a relatively small building footprint and a site much larger than the structure itself, a combination that can matter when buyers assess access, parking, circulation and the room available around a store.

The sale is notable less for its scale than for the property type it represents. A single-tenant building gives an owner one occupant and one operating business to evaluate, rather than a roster of tenants with separate leases and different renewal schedules. That can make the ownership picture easier to describe, but it also concentrates the property’s occupancy around one tenant. A compact site and a recognizable retail operator may attract attention; neither fact, on its own, tells a reader how the lease is structured or how the investment will perform.

Here's the thing: the $2.8 million sale price is a useful marker, but it doesn't answer the questions that usually determine how investors compare one net-leased property with another. The source doesn't provide rent, lease term, options, expense responsibilities or financing terms. Without those details, it isn't possible to calculate a return or make a meaningful comparison with another transaction. The headline number gives the exchange a public value, not a complete account of the deal.

What the net lease description does—and doesn't—tell us

Henderson Realty Investors, a Kentucky-based limited liability partnership, bought the net-leased property from WEScorp LLC. In commercial real estate, a net lease generally assigns some property expenses to the tenant, though the precise allocation depends on the lease. The label is therefore a starting point, not a full description of the owner's obligations. Buyers typically need to read the lease itself to understand which costs stay with the tenant, which remain with the landlord and how those responsibilities may change over time.

That distinction matters in a single-tenant deal. With one tenant, the lease is central to the property’s income profile, and the tenant’s continued use of the premises is closely tied to the asset’s day-to-day performance. If the lease has a long remaining term, that may be viewed differently from a lease approaching renewal; if the tenant has options, those provisions can affect the expected timeline. None of those terms is included here, so they shouldn't be inferred from the phrase “net-leased.” The label narrows the category, but it doesn't fill in the underwriting.

The building’s 2025 completion date also gives buyers a basic point of reference: this is newly built real estate. New construction can mean fewer years of wear on building systems than an older property, but age alone doesn't establish the condition of every component, the quality of construction or the costs an owner may face. Those judgments depend on inspections, documents and operating history. In this case, the source supplies the completion year, not a building assessment.

Why the site and building size matter

At 2,297 square feet on 1.1 acres, the property combines a modest building area with a comparatively broad parcel. For a retail site, the land surrounding the building can support functions that aren't captured by the floor-area figure, including vehicle movement, customer access and parking. The actual layout, number of parking spaces and site configuration aren't provided, however, so the acreage shouldn't be treated as proof of any particular design or capacity.

This is more significant than it looks. In a small-format, single-tenant property, the building can be only one part of what a buyer is purchasing. The parcel, its access and its relationship to nearby roads and businesses may shape how practical the site is for its intended use and how easily it could serve another use if circumstances changed. That said, the available description doesn't establish the property's traffic levels, visibility, surrounding competition or future reuse potential. Those are questions for property-level research, not conclusions supported by the sale announcement.

(And this is the part most people overlook.) A newly completed building still has to function as a commercial property over time. The land and structure may be straightforward to describe, but the investment case depends on the lease, the tenant’s operation and the site’s ongoing usefulness. A clean property profile is not the same thing as a complete risk profile.

The parties and brokerage roles

Henderson Realty Investors is identified as a Kentucky-based limited liability partnership, while WEScorp LLC is named as the seller. The source doesn't describe either party’s broader portfolio, ownership strategy or reason for completing the transaction. It would be easy to attach a larger story to a buyer acquiring a single-tenant retail asset, but the reported facts support only a narrower one: the buyer purchased this property from this seller for the stated price.

Marcus & Millichap’s Madison Harman and Damien Yoder represented the buyer, with Eddie Greenhalgh serving as the firm’s broker of record in Alabama. Those roles identify who handled buyer representation and the brokerage’s state-level broker-of-record function. They don't, by themselves, disclose how the parties negotiated the price, whether there were competing bids or what due diligence shaped the outcome. Brokerage details help establish the transaction’s participants; they aren't a substitute for the lease and property records.

What the transaction may signal

A single sale doesn't establish a trend in Hartselle or northern Alabama. It does add a specific data point: a newly built, 2,297-square-foot Starbucks property on 1.1 acres sold for $2.8 million, with a Kentucky-based buyer and WEScorp LLC as seller. For researchers tracking local commercial activity, that information can help identify the kinds of assets changing hands and the participants involved. Its usefulness is real, but limited by the absence of lease economics and comparable sales data.

If you're working in this space, the next questions are practical: what rent supports the price, how much lease term remains, which expenses fall to the tenant, and what features make the site suitable for continued retail use? The source doesn't answer those questions. Until such details are available, the sale can be described accurately as a newly built, single-tenant retail transaction, while broader claims about pricing strength or investor demand would outrun the evidence.

And yet, the transaction still offers a concise read on one corner of the market. A buyer acquired a recently completed property occupied under a net lease, and the deal adds a named asset and purchase price to the region’s record of activity. The implications depend on information that hasn't been reported here. A useful data point, with important blanks.