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605 E Lee St, Sardis, MS 38666

McDonalds and Chevron-branded fuel site for sale with a guaranteed lease and scheduled 7.5% increases.

Property SizeContact for details
Days on Market121

Property Features for 605 E Lee St

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: The Kase Group
Listed By: Jacob Abusharkh · License #CA 01385529
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 8:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group

Investment Insights

Based on property information with market context.

This property combines a McDonald’s with a Chevron-branded fuel operation. The transaction is structured as a leased investment, with the lease guaranteed by the Chevron franchisee, Graves Oil, a family-owned company.

According to the provided remarks, the operator has been operating this location since 2005. The lease includes 7.5% increases every five years during the initial term, as well as during two (2) five-year options.

The property is located at 605 E Lee St, Sardis, MS 38666, described as approximately 45 minutes south of Memphis and positioned at the main exit to Sardis Lake, identified in the remarks as the second largest recreational lake in Mississippi.

Key Highlights

  • McDonald's and Chevron‑branded fuel site for sale with a guaranteed lease.
  • Lease is guaranteed by the Chevron Franchisee, Graves Oil, a family‑owned company.
  • Property has been operated at this location by Graves Oil since 2005.

Property Analytics

Current Use

Chevron Sardis Gas Station McDonald's Restaurant Exxon Gas Station

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 38666, MS

6,558
Population
3,115
Households
2.1
Avg Household Size
42
Median Age
15%
College-Educated
80%
High-School Grad
142.1 sq mi
ZIP Area
46
Density / Sq Mi
$40,077
Median Household Income
$34,730
Median Earnings
$732
Median Rent
$86,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - McDonalds and Chevron-branded fuel site for sale with a guaranteed lease and scheduled 7.5% increases.
Where is this gas station located?
The property is located at 605 E Lee St Sardis, MS.
What are key features of this property?
This property features: McDonald's and Chevron‑branded fuel site for sale with a guaranteed lease.; Lease is guaranteed by the Chevron Franchisee, Graves Oil, a family‑owned company.; Property has been operated at this location by Graves Oil since 2005.
(415) 269-2474 Call to check price and availability
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