Band or "donut" trade areas can be created in ENVISION.
Instead of creating a circular trade area based on a specific distance, you can create a band of a specified distance.
For example, if you wish to create a band from 3 to 4 kilometers, you would enter 3 - 4 in the Sizes box. You can create multiple bands as well.
Please see the image below to see how this would look when working in ENVISION.
This can also be created using drivetime areas (e.g. 10- to 20-minute drivetime distance); however, these areas can become quite complex and can take much longer to draw on the map.