Kangaroo Express Convenience
For Sale
$3,065,450
2906 Atlanta Highway, Montgomery, AL 36109
Brand-new 2021 fuel and convenience retail property with 8 fueling lanes and an existing Kangaroo Express lease.
Property Size3,600 SF
Lot Size0.72 Acres
Price / SF$851.51
Days on Market148
Property Features for 2906 Atlanta Highway
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.72 Acres
Property subtype
Commercial
Occupancy
100%
Lease Term
± 15 Years
Net Operating Income
$183,927
Site & Location
Traffic Count
34,622 vehicles/day
Road Access
Yes
Building Details
Building Size
3,600 SF
Year Built
2021
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Jared Kaye · License #348701 (GA)
(404) 897-0452
Source:
Matthews
Added: May 27
Changed: Oct 1
Last Checked: Oct 20 at 5:02PM
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 Matthews
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Investment Insights
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Matthews™ is pleased to exclusively present the opportunity to acquire a brand-new 2021 construction Kangaroo Express convenience store and fuel retail property. The absolute triple-net (NNN) leased investment includes an existing convenience store of approximately 3,600 SF and a fuel facility with 8 fueling lanes on approximately 10.72 acres. The lease features a 20-year original term with approximately 15 years remaining and four 5-year renewal options, along with 10% rent escalations every 5 years throughout the entire lease, including all options.
The property is positioned along Atlanta Highway, a high-traffic 4-lane thoroughfare with approximately 34,622 vehicles per day. Direct access is provided via a traffic signal with multiple points of ingress and egress.
The tenant is Gas Express, LLC d/b/a Kangaroo Express. The site’s surroundings include permanent populations of approximately 9,605 within a 1-mile radius, 100,000 within 3 miles, and 179,000 within 5 miles, with daytime populations supported by nearby Maxwell Air Force Base, educational institutions, and major employers. The asset is described as a retail motor fuel outlet and qualifies for 100% bonus depreciation under the One Big Beautiful Bill (OBBBA).
The property is positioned along Atlanta Highway, a high-traffic 4-lane thoroughfare with approximately 34,622 vehicles per day. Direct access is provided via a traffic signal with multiple points of ingress and egress.
The tenant is Gas Express, LLC d/b/a Kangaroo Express. The site’s surroundings include permanent populations of approximately 9,605 within a 1-mile radius, 100,000 within 3 miles, and 179,000 within 5 miles, with daytime populations supported by nearby Maxwell Air Force Base, educational institutions, and major employers. The asset is described as a retail motor fuel outlet and qualifies for 100% bonus depreciation under the One Big Beautiful Bill (OBBBA).
Key Highlights
- 2021 construction Kangaroo Express fuel and convenience store investment on 10.72 acres at 2906 Atlanta Highway, Montgomery, AL
- Triple‑net (NNN) lease with 20‑year original term; approximately 15 years remaining plus four 5‑year renewal options
- Lease structure includes 10% rent escalations every 5 years throughout the entire lease, including all options
Property Analytics
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Current Use
Lease Details
34,622 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 41%
Home Improvements & Furnishings 6%
McDonald's
Dining
28,447 visits/mo
0.5 miles
Family Dollar
Shops & Services
9,093 visits/mo
0.4 miles
Exxon
Shops & Services
7,419 visits/mo
0.1 miles
AutoZone
Shops & Services
4,398 visits/mo
0.4 miles
Papa John's Pizza
Dining
3,814 visits/mo
0.4 miles
Demographics for 36109, AL
24,176
Population
11,273
Households
2.1
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$61,059
Median Household Income
$37,876
Median Earnings
$1,108
Median Rent
$134,900
Median Home Value
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Market
Vacancy Rate% for Retail in Montgomery, AL
Frequently Asked Questions
What type of property is this?
Gas station - Brand-new 2021 fuel and convenience retail property with 8 fueling lanes and an existing Kangaroo Express lease.
Where is this gas station located?
The property is located at 2906 Atlanta Highway Montgomery, AL.
What is the asking price?
The asking price for this property is $3,065,450.
What are key features of this property?
This property features: 2021 construction Kangaroo Express fuel and convenience store investment on 10.72 acres at 2906 Atlanta Highway, Montgomery, AL; Triple‑net (NNN) lease with 20‑year original term; approximately 15 years remaining plus four 5‑year renewal options; Lease structure includes 10% rent escalations every 5 years throughout the entire lease, including all options
