2012 Rainbow Dr

2012 Rainbow Dr, Gadsden, AL 35901

Property Information

  • 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.

Contacts

Caroline Crain

Matthews Real Estate Investment Services

Location

Contact Listing Broker
Caroline Crain

Matthews Real Estate Investment Services

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