931 Rainbow Dr | Gadsden, AL 35901
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931 Rainbow Dr
Gadsden, AL 35901
Tropical Smoothie Cafe · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-year absolute NNN lease to Tropical Smoothie Cafe
- Scheduled rental increases in initial term and option periods, providing a long-term income generator
- Absolute NNN lease requires no landlord management, ideal for both local and out-ofarea investors
- For the fourth year in a row, the brand was ranked #1 in the Smoothie/Juice Category by Entrepreneur Franchisee 500
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,040 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.63 AC
Parking
22 Spaces (10.78 Spaces per 1,000 SF Leased)
Frontage
960’ on Rainbow Drive
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 15-02-09-0-001-009.000 | Improvements Assessment | $97,000 |
| Land Assessment | $56,060 | Total Assessment | $153,060 |
PROPERTY TAXES
Parcel Number
15-02-09-0-001-009.000
Land Assessment
$56,060
Improvements Assessment
$97,000
Total Assessment
$153,060
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