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7456 Highway 43
Mc Intosh, AL 36553

$1,835,773 USD

Convenience Store For Sale  •  1,739 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 1,739 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1973
  • Cap Rate 7.50 %
  • Tenancy Single
20 Walk Score

Highlights

This generous 0.275 acre lot is situated just south of central McIntosh, AL. The property hosts 144' of frontage on Jefferson Davis Hwy.
This property is secured by a 20-year lease term with 16+ years remaining and scheduled 3% (or CPI) increases running through December 2042.
This gas station is covered under an Absolute Triple Net (NNN) Lease. The tenant is responsible for insurance, property tax, utilities, CAM.
The property is located less than 1 mile west of multiple large-scale industrial and commercial plants supporting the timber, oil and gas.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Marathon Gas Station 1,739 SF 12/23/2042
Andrew Ackerman 770-626-0445 Sands Investment Group Atlanta, LLC
Andrew Ackerman 770-626-0445 Sands Investment Group Atlanta, LLC