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

1406 Rainbow Drive, Gadsden, AL 35901

COMMERCIAL - Gadsden, AL

Space Size4,112 SF
Days on Market124

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 4 Last Checked: Aug 18 at 11:06PM
MLS# 21898538

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Investment Insights

Based on property information with market context.

This 4,112-square-foot waterfront commercial property is currently configured for medical office use as a doctor’s office. The existing professional setting provides a practical foundation for continued healthcare operations or adaptation to other office, retail, and service-based uses identified for the property.

The building is located at 1406 Rainbow Drive in Gadsden, Alabama, within ZIP Code 35901. Waterfront positioning adds a distinct physical setting, while the property’s stated access and visibility characteristics support consideration by businesses seeking a prominent commercial location.

Key Highlights

  • 4,112 SF of commercial space
  • Waterfront commercial property
  • Currently operating as a doctor’s office

Property 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

296
Businesses Nearby
Balanced
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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing clinical space supports medical, office, retail, or service-oriented business operations.
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 SF of commercial space; Waterfront commercial property; Currently operating as a doctor’s office
More about this property
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