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    115 Grand Ave Rainbow City, AL 35906

    For Lease
    Contact for pricing

    Etowah County retail spaces available.

    Lot size:
    59,584 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Invest in two prime retail spaces within the vibrant Rainbow Crossing shopping center in Etowah County. This thriving strip center boasts a total of 59,584 square feet of gross leasable area (GLA) and enjoys a highly visible location at the intersection of Rainbow Drive (Highway 441) and West Grand Avenue (Highway 77). The property benefits from its strategic placement directly across from a Publix supermarket, ensuring high foot traffic and excellent visibility. Two spaces are currently available: a 5,180 square foot unit situated next to a Honey Baked Ham, and a 1,980 square foot space, previously a restaurant, complete with a drive-thru pickup window and grease trap, ideal for a variety of food service businesses. The center is anchored by the town's largest and most active fitness facility, further enhancing its appeal and drawing a diverse customer base. This presents a unique opportunity to establish a presence in a bustling retail environment with strong existing tenants and high consumer traffic. The available spaces offer flexibility for various retail concepts, making them an attractive investment for businesses seeking a prime location in a thriving market. Don't miss this chance to secure a space in one of Etowah County's most sought-after retail destinations.

    Property Features for 115 Grand Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,584 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,180 SF
    Space
    Available Space 2
    Size
    1,980 SF

    HighLights

    • 59,584 SF retail strip center in Etowah County.
    • Two available spaces: 1,980 SF and 5,180 SF.
    • 1,980 SF space features a drive‑thru and grease trap, ideal for a restaurant.
    • 5,180 SF space is adjacent to Honey Baked Ham.
    • Located across from Publix, at the intersection of Rainbow Dr. and W Grand Ave.
    • Anchored by the town's largest fitness center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.0414081
    Latitude
    33.9565816

    Nearby Comparable

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      43,560 SF

      Rainbow City Retail Opportunity

      Prime 0.7-acre lot, build-to-suit.
      3354 Rainbow Dr, Rainbow City, AL 35906
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      Rainbow City Retail Space Available

      Retail space for lease in Rainbow City, Alabama.
      3331 Rainbow Dr, Rainbow City, AL 35906
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    • $8 SF/Yr
      219,473 SF

      Rainbow Plaza Retail Center

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    Nearby Similar for Lease

    • $8 SF/Yr
      219,473 SF

      Rainbow Plaza Retail Center

      Alabama Retail Space: High Visibility, Ample Parking
      3225 Rainbow Dr, Rainbow City, AL 35906
      View Details
    • Contact for pricing

      Rainbow City Retail Space Available

      Retail space for lease in Rainbow City, Alabama.
      3331 Rainbow Dr, Rainbow City, AL 35906
      View Details
    • Contact for pricing
      43,560 SF

      Rainbow City Retail Opportunity

      Prime 0.7-acre lot, build-to-suit.
      3354 Rainbow Dr, Rainbow City, AL 35906
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Etowah County retail spaces available.
    Where is this neighborhood center located?
    The property is located at 115 Grand Ave Rainbow City, AL.
    What are key features of this property?
    This property features: 59,584 SF retail strip center in Etowah County.; Two available spaces: 1,980 SF and 5,180 SF.; 1,980 SF space features a drive-thru and grease trap, ideal for a restaurant.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Grand Ave Rainbow City, AL 35906
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