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2012 Rainbow Dr
Gadsden, AL 35901

$805,863 USD

Fast Food For Sale  •  5,201 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 5,184 SF
  • Lot Size 0.61 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
34 Walk Score

Highlights

High-Traffic Retail Corridor: Strategically positioned on Rainbow Drive, a major commercial artery with approximately ±30,300 vehicles per day (VPD)
Established Regional Franchisee: Leased to a 3–4 unit franchise operator with a stable operating history and demonstrated brand commitment.
The quick-service restaurant benefits from robust daytime traffic, supported by surrounding employment centers and retail synergy.
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Chicken Salad Chick

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 37
Type: Surface
Included in Rent: Yes
Caroline Crain 256-251-2667 Matthews Real Estate Investment Services
Caroline Crain 256-251-2667 Matthews Real Estate Investment Services