2012 Rainbow Dr

For Sale

2012 Rainbow Dr, Gadsden, AL 35901

This Gadsden property for sale is located at 2012 Rainbow Dr. The current listed sale price for 2012 Rainbow Dr is $835,863. 2012 Rainbow Dr is situated on a lot that is 0.61 acre in size.

Contacts

Caroline Crain

Matthews Real Estate Investment Services

Property Details

  • 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

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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Getting around

  • 34/100

    Walk Score ®

  • 26/100

    Bike Score ®

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Location

  • City Gadsden, AL
  • Zip Code 35901
  • Market Birmingham

Points of Interest

  • Shell

    2.02 miles

  • Mapco

    2.02 miles

  • Texaco

    3.45 miles

  • Exxon

    4.27 miles

  • Jet-Pep

    4.36 miles

  • Pruett’s

    0.80 miles

  • Sonic

    1.37 miles

  • Chick-fil-A

    1.51 miles

  • Chongwah Express

    1.52 miles

  • Japan Cajun Grill

    1.52 miles

  • Todino's Puzza

    1.52 miles

  • Great American Cookies

    1.56 miles

  • Kobe Japanese Steakhouse

    1.62 miles

  • Tre Ragazzi's

    1.66 miles

  • Wendy's

    1.69 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

Contact Listing Broker
Caroline Crain

Matthews Real Estate Investment Services

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