Listed by Anchor Point Capital
$1,566,034
Absolute NNN Chevron Gas Station | Gadsden, AL
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 1,068
Net Rentable (SqFt) 1,068
Units 1
Cap Rate 7.91%
NOI $123,851
Occupancy 100%
Tenancy Single
Brand/Tenant Chevron
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 4 - 5 Yrs
Year Built 1968
Buildings 1
Stories 1
Acreage 0.630
Investment Type Net Lease
38,200+ Cars Per Day Along Meighan Blvd
Marketing description
For More Information, Contact
Chandler Dignam [email protected]
Jacob Sparks [email protected]
Excellent Single Tenant Investment Opportunity
- Absolute NNN Lease; Zero Landlord Responsibilities
- New 20 Year Lease Executed at Close of Escrow
- Strong Lease Guaranty; SGS Holdings with Over 20 years of Operating History
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
- 1.75% Annual Increases in Primary Term and Options
- 1,068 Square Foot Convenience Store with 6 Fueling Lanes on 0.63 Acres
Outstanding Location in Gadsden, AL
- High Traffic Corridor; 38,200 Cars Per Day along Meighan Blvd
- Primary Retail Artery in Gadsden; Major National Retailers Include Walmart Supercenter, Hobby Lobby, Old Navy, Ross Dress for Less, TJ Maxx, ULTA Beauty, Popeyes, Petco, ALDI
- Positioned Directly Across from Takkion’ s 2.9 Million Square Foot Warehouse. Takkion is a Global Renewable Energy Logistics Company
- Total Transportation and Maintenance Spending Represent the Largest Consumer Expenditure with a 3-Mile Radius; ~27.8% of all Consumer Spending
- Less than 2 Miles from Downtown Gadsden, AL
Investment highlights
For More Information, Contact
Chandler Dignam [email protected]
Jacob Sparks [email protected]
Excellent Single Tenant Investment Opportunity
- Absolute NNN Lease; Zero Landlord Responsibilities
- New 20 Year Lease Executed at Close of Escrow
- Strong Lease Guaranty; SGS Holdings with Over 20 years of Operating History
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
- 1.75% Annual Increases in Primary Term and Options
- 1,068 Square Foot Convenience Store with 6 Fueling Lanes on 0.63 Acres
Outstanding Location in Gadsden, AL
- High Traffic Corridor; 38,200 Cars Per Day along Meighan Blvd
- Primary Retail Artery in Gadsden; Major National Retailers Include Walmart Supercenter, Hobby Lobby, Old Navy, Ross Dress for Less, TJ Maxx, ULTA Beauty, Popeyes, Petco, ALDI
- Positioned Directly Across from Takkion’ s 2.9 Million Square Foot Warehouse. Takkion is a Global Renewable Energy Logistics Company
- Total Transportation and Maintenance Spending Represent the Largest Consumer Expenditure with a 3-Mile Radius; ~27.8% of all Consumer Spending
- Less than 2 Miles from Downtown Gadsden, AL
Listing Contacts
Listed by Anchor Point Capital
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$123,851.00
$10,320.92/mo
Valuation Metrics
0
DSCR
7.91%
Cap Rate
7.91%
ROI
Map
Zoning
HC CommercialSpecial CommercialHighway Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 116 uses
View all 116 uses Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
