CVS Absolute NNN Retail
For Sale
Contact for pricing
3403 Rainbow Dr, Rainbow City, AL 35906
Absolute NNN CVS site with drive-thru pharmacy and two ingress/egress points on a major retail corridor.
Property SizeContact for details
Days on Market134
Property Features for 3403 Rainbow Dr
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
27,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Acropolis Commercial Advisors LLC
Listed By:
Eric Wasserman · License #FL CQ1057427
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 14 at 7:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acropolis Commercial Advisors LLC
Investment Insights
Based on property information with market context.
This absolute NNN CVS property is offered with a lease structured to support a passive ownership model, with zero landlord responsibilities. The CVS location includes a drive-thru pharmacy and features two ingress and egress points, one on Sutton Bridge Rd and the other on Sutton Square where it intersects Rainbow Dr.
Rainbow Dr functions as the main retail corridor through Rainbow City and is also part of US Hwy 411. The property is positioned on a hard corner with visibility to more than 27,000 vehicles per day, and it is located less than 10 minutes from I-59. National retailers in the immediate area include Publix and Winn-Dixie, with other nearby brands such as AutoZone and Walgreens. The closest CVS is approximately 7 miles away.
The lease is an absolute NNN arrangement with a corporate guarantee. It also includes a 33% rental increase at the beginning of the first option period, with noted interest from CVS in extending the lease.
Rainbow Dr functions as the main retail corridor through Rainbow City and is also part of US Hwy 411. The property is positioned on a hard corner with visibility to more than 27,000 vehicles per day, and it is located less than 10 minutes from I-59. National retailers in the immediate area include Publix and Winn-Dixie, with other nearby brands such as AutoZone and Walgreens. The closest CVS is approximately 7 miles away.
The lease is an absolute NNN arrangement with a corporate guarantee. It also includes a 33% rental increase at the beginning of the first option period, with noted interest from CVS in extending the lease.
Key Highlights
- Absolute NNN CVS lease with corporate guarantee, providing zero landlord responsibilities for a passive investment structure.
- Drive‑thru pharmacy at the CVS, adding convenience for additional customer service.
- Hard corner on Rainbow Dr (US Hwy 411) with visibility to 27,000+ vehicles per day.
Property Analytics
Property Profile
Current Use
Lease Details
27,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
678
Businesses Nearby
Explore this area
Business Placement
Demographics for 35906, AL
10,444
Population
4,743
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
85%
High-School Grad
35.0 sq mi
ZIP Area
298
Density / Sq Mi
$58,896
Median Household Income
$41,701
Median Earnings
$998
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN CVS site with drive-thru pharmacy and two ingress/egress points on a major retail corridor.
Where is this nnn property located?
The property is located at 3403 Rainbow Dr Rainbow City, AL.
What are key features of this property?
This property features: Absolute NNN CVS lease with corporate guarantee, providing zero landlord responsibilities for a passive investment structure.; Drive‑thru pharmacy at the CVS, adding convenience for additional customer service.; Hard corner on Rainbow Dr (US Hwy 411) with visibility to 27,000+ vehicles per day.
