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2012 Rainbow Dr, Gadsden, AL, 35901

Chicken Salad Chick
$805,863

Key Information

Cap Rate
8%
$ per SF
$155
Tot. SF
5,184
Units
2
Year Built
1970
Type
Retail
NOI
$64

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. The seller is willing to execute an 18-month lease at closing, offering immediate supplemental income or future repositioning potential for the buyer.
  • 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.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203