This Retail Property is no longer advertised on LoopNet.com.
3318 Rainbow Dr
Rainbow City, AL 35906
Corp. Bojangles Subleased By Purple Onion · Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- Absolute-Net Lease (Zero Landlord Responsibilities): 4.75 Years Remain with 1.50% Annual Increases.
- Redevelopment / Re-Tenant Opportunity: 4,090 SF Building with Drive-Thru and excellent parking in Desirable Location.
- Multiple National Retailers Nearby: BigLots!, Winn Dixie, Publix, Goodwill, CVS, Honey Baked Ham, Dollar General, Dollar Tree, GNC, Sonic, Wendy’s, Po
- Corporate Guaranty: While Subleased to The Purple Onion the Absolute-Net Lease is Backed by a Bojangles Corporate Guaranty.
- Excellent Frontage and Visibility: The Purple Onion Fronts Along High Traffic Rainbow Drive which Oversees 28,150 Vehicles Per Day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,090 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.50 AC
Parking
38 Spaces (9.29 Spaces per 1,000 SF Leased)
Frontage
141 FT on Rainbow Dr
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
LINKS
PROPERTY TAXES
Parcel Number | 15-09-29-3-000-049.001 | Improvements Assessment | $25,904 |
Land Assessment | $15,208 | Total Assessment | $41,112 |
Listing ID: 28327835
Date on Market: 4/26/2023
Last Updated:
Address: 3318 Rainbow Dr, Rainbow City, AL 35906
The Retail Property at 3318 Rainbow Dr, Rainbow City, AL 35906 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.