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Chicken Salad Chick 2012 Rainbow Dr 5,184 SF Retail Building Gadsden, AL 35901 $805,863 ($155.45/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High-Traffic Retail Corridor: Strategically positioned on Rainbow Drive, a major commercial artery with approximately ±30,300 vehicles per day (VPD)
  • The quick-service restaurant benefits from robust daytime traffic, supported by surrounding employment centers and retail synergy.
  • Established Regional Franchisee: Leased to a 3–4 unit franchise operator with a stable operating history and demonstrated brand commitment.

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,184 SF
Building Class
C
Year Built
1970
Price
$805,863
Price Per SF
$155.45
Cap Rate
8%
NOI
$64,445
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.61 AC
Parking
37 Spaces (7.14 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

Chicken Salad Chick was founded in 2008 by Stacy and Kevin Brown in Auburn, Alabama. Over time, they refined their recipe, turning their love for chicken salad into a thriving business. Today, Chicken Salad Chick stands proudly as the nation’s only fast-casual restaurant concept dedicated exclusively to fresh made chicken salad, offering a variety of flavors, along with sandwiches, fresh sides, gourmet soups, and delectable desserts. What sets Chicken Salad Chick apart is the personal touch that infuses every aspect of their menu. The unique flavors customers see are more than just names—they represent real people who have touched Stacy’s life. Each named flavor is a tribute to these “real-life Chicks,” and through the menu, they celebrate their stories, allowing their guests to connect with and enjoy them as much as they do. At Chicken Salad Chick, it’s all about bringing people together, one scoop at a time.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

Regions Bank
Applebee's
Red Lobster
Zaxby's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-05-21-4-000-015.000
Land Assessment
$18,680
Improvements Assessment
$123,780
Total Assessment
$142,460
  • Listing ID: 38088392

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 2012 Rainbow Dr, Gadsden, AL 35901

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