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Rainbow City, AL NNN Properties for Sale

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Southside, AL Ashville, AL Gadsden, AL Attalla, AL Steele, AL Glencoe, AL Ohatchee, AL Gallant, AL
Walgreens Drug Store with Absolute NNN Lease
Updated: Apr 12
Walgreens Drug Store with Absolute NNN Lease

3434 Rainbow Dr, Rainbow City, AL 35906

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Walgreens drug store with an absolute NNN lease
Recent lease extension
Approximately 55,000 vehicles per day between Rainbow Dr and E Grand Ave
Corporate‑backed lease with a publicly traded tenant
Tenant operates approximately 8,400 locations nationwide
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See what stands out in Etowah County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Rainbow City, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Gas Station with Convenience Store
NNN Gas Station with Convenience Store

617 Cleveland Ave, Attalla, AL 35954

Contact for pricing
2,250 sqft 0.39 AC lot

Single-tenant fuel and convenience operation supported by an absolute NNN lease with landlord responsibilities limited under the lease structure.

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Red Lobster Restaurant Property
Red Lobster Restaurant Property

1725 Rainbow Dr, Gadsden, AL 35901

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7,040 sqft 1.74 AC lot

Restaurant property subject to an absolute triple-net lease with multiple renewal options.

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Chevron NNN Property
Chevron NNN Property

936 Rainbow Dr, Gadsden, AL 35901

Contact for pricing
0.58 AC lot

Single-tenant convenience store with four fueling lanes and a standalone self-service car wash.

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Former CVS Building For Sale
Former CVS Building For Sale

315 3rd St NW, Attalla, AL, Attalla, AL 35954

Contact for pricing

Former CVS building leased through July 2026, built in 1996.

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Rainbow City, AL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Rainbow City, AL on our real estate platform.

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Demographics Overview

Population 10K
Population Growth (5Y) +5.8%
Median Household Income $58,896
College Educated 29.2%

Taxes & Financing

Tax Rate (average for all types) 4.11%
Property Tax per SF $82.60 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Etowah County

New Delisted

Total CRE Inventory on Market (SF)

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