2012 Rainbow Dr
2012 Rainbow Dr, Gadsden, AL 35901
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.
Building Details
- For Sale $835,863
- Property Type Retail
- Property Size 5,184 SF
- Lot Size 0.61 Acre
- Cap Rate % 7.71
- Additional Rent Price on request
- Date Updated Oct 20, 2025
- Visibility/Traffic Count (VPD) 30,300
Reach out to the broker for more info on lease terms and amenities
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Contacts
Matthews Real Estate Investment Services
Location
- City Gadsden, AL
- Zip Code 35901
- Market Birmingham
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Walk score 34/100 Car-Dependent -
Bike score 26/100 Somewhat Bikeable
Points of Interest
Shell
2.02 miles
Mapco
2.02 miles
Texaco
3.45 miles
Exxon
4.27 miles
Jet-Pep
4.36 miles
Belk
1.45 miles
Gadsden Mall
1.56 miles
Grocery Store
1.65 miles
Publix
2.09 miles
ALDI
2.81 miles
Coosa Town Center
3.06 miles
Walmart Supercenter
3.17 miles
Dollar General
5.40 miles
Cashsaver
8.63 miles
Listing Summary
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Property Financials 2012 Rainbow Dr is currently listed for sale at $835,863 for a price per square foot of $161.24.
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Property Details 2012 Rainbow Dr totals 5,184 square feet of Retail space on a lot spanning 0.61 acres.
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Area Characteristics 2012 Rainbow Dr is located in the Greater Huntsville neighborhood.
There are 13 other retail properties listed for sale in the neighborhood. In terms of ease of commuting, the area has a walk score of 34, indicating that it is car-dependent.
Matthews Real Estate Investment Services
