CVS Absolute NNN Retail
3403 Rainbow Dr Rainbow City, AL 35906
3403 Rainbow Dr, Rainbow City, AL, 35906
Contact for pricing
For Sale
Contact for pricing
Absolute NNN CVS site with drive-thru pharmacy and two ingress/egress points on a major retail corridor.
Days on Market102
Property Features for 3403 Rainbow Dr
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Acropolis Commercial Advisors LLC
Listed by
Eric Wasserman · License #FL CQ1057427
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 4:57AM Checked: Jul 21 at 4:57AM
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
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
FAQs
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.
