115 Grand Ave Rainbow City, AL 35906
- Investment properties
- 39,916 SF
- 5.12 lot acres
Current Use by Public Records
- Investment properties
Property Details for 115 Grand Ave
- Year built
- 1997
- Construction
- CONCRETE BLOCKS
- Lot size
- 5.12 lot acres
- Property size
- 39,916 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 15-09-29-3-000-039.000
- APU
- 1509293000039000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rainbow City
- County
- Etowah
- State
- Alabama
- Longitude
- -86.0416
- Latitude
- 33.9563
- CBSA code
- 23460
- CBSA name
- GADSDEN, AL METROPOLITAN STATISTICAL AREA
