Neighborhood Retail
3225 Rainbow Drive Rainbow City, AL 35906
For Sale
Contact for pricing
Rainbow Plaza is a multi-tenant retail center anchored by major retailers and health users, offered for sale.
Property Size219,473 SF
Lot Size28.10 Acres
Days on Market106
Property Features for 3225 Rainbow Drive
General Information
- Standard status
- Active
- Size
- 219,473 SF
- Lot size
- 28.10 Acres
- Property subtype
- Retail
Listing Agency:
Retail Specialists
(205) 243-6729
Listed By:
David Plummer · License #AL 000099209
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 5:34PM
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 Retail Specialists
Investment Insights
Based on property information with market context.
Rainbow Plaza is a 219,473 SF retail center on 28.10 acres, offered for sale for the first time since it was developed nearly 50 years ago. The property is currently 80.4% occupied and includes anchor tenants such as America’s Thrift Stores, Big Lots, Dirt Cheap, Kindred Health, Dollar Tree, and Dollar General. Of the leased space, 83.8% is occupied by national and regional credit tenants.
The center is located on the main retail corridor in the Rainbow City market along Rainbow Drive/Highway 411, on the southern side of the Gadsden metro. Nearby area points of interest include Gadsden State Community College (4.9 miles), Gadsden Regional Medical Center (3.2 miles), and the Goodyear Tire Plant (6.9 miles).
The center is located on the main retail corridor in the Rainbow City market along Rainbow Drive/Highway 411, on the southern side of the Gadsden metro. Nearby area points of interest include Gadsden State Community College (4.9 miles), Gadsden Regional Medical Center (3.2 miles), and the Goodyear Tire Plant (6.9 miles).
Key Highlights
- Rainbow Plaza is a 219,473 SF retail center on 28.10 acres
- 80.4% occupied with anchors including America’s Thrift Stores, Big Lots, Dirt Cheap, Kindred Health, Dollar Tree, and Dollar General
- 83.8% of currently leased space is with national and regional credit tenants
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Off Market Nearby
- Rainbow Plaza Shopping Center — 3225 Rainbow Dr, Rainbow City, AL 35906
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- Timanga — 156 Bridlewood Dr, Gadsden, AL 35901
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FAQs
What type of property is this?
Shopping center - Rainbow Plaza is a multi-tenant retail center anchored by major retailers and health users, offered for sale.
Where is this shopping center located?
The property is located at 3225 Rainbow Drive Rainbow City, AL.
What are key features of this property?
This property features: Rainbow Plaza is a 219,473 SF retail center on 28.10 acres; 80.4% occupied with anchors including America’s Thrift Stores, Big Lots, Dirt Cheap, Kindred Health, Dollar Tree, and Dollar General; 83.8% of currently leased space is with national and regional credit tenants
