Search
Waterfront Medical Office Space
For Lease
$3,500/Mo

1406 Rainbow Drive, Gadsden, AL 35901

Commercial Lease, Gadsden, AL

Space Size4,112 SF
Days on Market151

Property Features for 1406 Rainbow Drive

General Information

Property type Commercial Lease
Property subtype Office
Directions Located On Rainbow Drive Next Door To Gadrock.
Standard status Active
APN 1505153000003.003
Size 4,112 SF
Listing Agency: Era King Real Estate
Listed By: Kayla Campbell · License #124198
Added: Apr 17 Changed: Aug 24 Last Checked: Sep 14 at 10:06AM
MLS# 21898538

Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,112-square-foot medical office property at 1406 Rainbow Drive is currently configured for a doctor's office. The existing professional layout can support medical operations while offering flexibility for other office or service-oriented uses. Waterfront surroundings add a distinct setting for the property.

Located in Gadsden, Alabama, the property is positioned in a high-traffic area with convenient access and strong visibility. Its combination of an established office configuration, waterfront setting, and accessible location provides a practical commercial space for a medical practice or other compatible business use.

Key Highlights

  • 4,112‑square‑foot medical office property
  • Currently configured as a doctor's office
  • Waterfront commercial setting

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Law Firm Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35901, AL

18,671
Population
9,075
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
59.2 sq mi
ZIP Area
315
Density / Sq Mi
$47,826
Median Household Income
$30,212
Median Earnings
$747
Median Rent
$174,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - Waterfront setting with an existing doctor's-office configuration and adaptable professional workspace.
Where is this medical office space located?
The property is located at 1406 Rainbow Drive Gadsden, AL.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 4,112‑square‑foot medical office property; Currently configured as a doctor's office; Waterfront commercial setting
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message