Listed by Anchor Point Capital
$1,281,718
Absolute NNN Lease Gas Station | Attalla, AL
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,250
Net Rentable (SqFt) 2,250
Units 1
Cap Rate 8%
NOI $102,537
Occupancy 100%
Tenancy Single
Brand/Tenant Maverix
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 05/01/2046
Remaining Term 19.9
Rent Bumps Yes
Lease Options 4 - 5 Yrs
Year Built 1989
Buildings 1
Stories 1
Acreage 0.390
Investment Type Net Lease
Lease Commencement 05/01/2026
New 20 Year Lease at Close of Escrow with 1.75% Annual Increases
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
- 1.75% Annual Increases in Primary Term and Options
- Strong Lease Guaranty; SGS Holdings with Over 20 years of Operating History
- 2,250 Square Feet Convenience Store with 6 Fueling Lanes on 0.39 Acres
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
Outstanding Location in Attala, AL
- Total Transportation and Maintenance Spending Represent the Largest Consumer Expenditure with a 3-Mile Radius; ~27.43 of all Consumer Spending
- Less than Half of a Mile from the Etowah County Fairgrounds
- Historic Fairgrounds with over 80 Years of Operating History
- Host to Major Annual Community Gatherings
- Hub for Civic Organizations
- 33,650+ Homes within a 10 Mile Radius
- Located 2 Miles from the Gadsden Industrial Park
- 1.5M SF Industrial Park
- 18 Miles of Recently Upgraded Rail Track
- 42,500 SF of Office Space
- Recent $430M Investment from Minth Group Limited
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
- 1.75% Annual Increases in Primary Term and Options
- Strong Lease Guaranty; SGS Holdings with Over 20 years of Operating History
- 2,250 Square Feet Convenience Store with 6 Fueling Lanes on 0.39 Acres
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
Outstanding Location in Attala, AL
- Total Transportation and Maintenance Spending Represent the Largest Consumer Expenditure with a 3-Mile Radius; ~27.43 of all Consumer Spending
- Less than Half of a Mile from the Etowah County Fairgrounds
- Historic Fairgrounds with over 80 Years of Operating History
- Host to Major Annual Community Gatherings
- Hub for Civic Organizations
- 33,650+ Homes within a 10 Mile Radius
- Located 2 Miles from the Gadsden Industrial Park
- 1.5M SF Industrial Park
- 18 Miles of Recently Upgraded Rail Track
- 42,500 SF of Office Space
- Recent $430M Investment from Minth Group Limited
Listing Contacts
Listed by Anchor Point Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,537.00
$8,544.75/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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