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3434 Rainbow Dr
Rainbow City, AL 35906

Price Upon Request

Drugstore For Sale  •  14,560 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,560 SF
  • Lot Size 1.47 AC
  • Building Class C
  • Year Built 2003
  • Tenancy Single
  • Zoning HC
0 Transit Score
56 Walk Score

Highlights

Recent Lease Extension – Walgreens’ commitment to this location is reinforced by the lease renewal, demonstrating long-term stability.
Absolute NNN Lease – True passive investment with zero landlord responsibilities.
Corporate-Backed Lease – Guaranteed by Walgreens with approximately 8,400 locations nationwide. Recently acquired by Sycamore Partners for $10 billion
Prime Corner Location – Exceptional visibility and convenient dual access from Rainbow Dr and E Grand Ave.
High Traffic Area – Exposure to approximately ±55,000 vehicles per day, driving consistent consumer traffic.
Retail Synergy – Surrounded by national and regional retailers, including O’Reilly Auto Parts, Publix, Shell, Village Shopping Mall, and Huddle House,

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 12/31/2028

Amenities

  • Pylon Sign
  • Signalized Intersection

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes