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Kangaroo Express Convenience Store
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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 Market103

Property Features for 2906 Atlanta Highway

General Information

Standard status Active
Size 3,600 SF
Lot size 0.72 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $183,927

Site & Location

Traffic Count 34,622 vehicles/day
Road Access Yes

Building Details

Year Built 2021
Buildings 1
Tenancy Single
Listing Agency: Matthews
Listed By: Jared Kaye · License #FL 3224428
Source: Crexi
Added: May 26 Changed: Aug 14 Last Checked: Aug 29 at 7:17AM

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

Investment Insights

Based on property information with market context.

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).

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

Current Use

Circle K Grocery & Convenience Store Krispy Krunchy Chicken Restaurant Bitcoin Depot - Bitcoin ... Crypto Atm Exxon Gas Station ATM (ATM Link, ... Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Gym & Fitness Center Kitchen & Bath Showroom

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

34,622 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
60k
Monthly Visits Nearby

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

Market

Vacancy Rate% for Retail in Montgomery, AL

10.9% 2020
10.5% 2021
10.4% 2022
11.6% 2023
11.4% 2024
9.8% 2025
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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
(678) 808-2821 Call to check price and availability
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