- For Sale $835,863
- Property Type Retail
- Property Size 5,184 SF
- Lot Size 0.61 Acre
- Cap Rate % 7.71
- Date Updated Oct 20, 2025
- Visibility/Traffic Count (VPD) 30,300
Description
Property Highlights
Exclusive Market Positioning: The subject property houses the only Chicken Salad Chick location in Gadsden, establishing exclusive brand presence and a strong capture of local lunchtime demand with no direct competition within the market.
High-Traffic Retail Corridor: Strategically positioned on Rainbow Drive, a major commercial artery with approximately ±30,300 vehicles per day (VPD), offering excellent visibility, ease of access, and strong exposure to drive-by traffic.
Established Regional Franchisee: Leased to a 3–4 unit franchise operator with a stable operating history and demonstrated brand commitment. Chicken Salad Chick is a well-recognized lunch destination with a loyal customer base and high repeat traffic.
Immediate Income with Office Upside: The ±1,900 SF rear office space is currently owner-occupied. This allows for future repositioning potential for the buyer, however, the seller is willing to execute an 18-month lease at closing.
Consistent Daypart Demand: The quick-service restaurant benefits from robust daytime traffic, supported by surrounding employment centers and retail synergy, driving reliable mid-day sales volume.
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Contacts
Matthews Real Estate Investment Services
Location
Matthews Real Estate Investment Services