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8-Position Gas Station
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491 Sardis Road, Asheville, NC 28806

A single-tenant operation is secured by an Absolute NNN lease with scheduled CPI-based rent adjustments.

Property Size3,300 SF
Lot Size1.41 Acres
Price / SF$1,239
Days on Market6

Property Features for 491 Sardis Road

General Information

Standard status Active
Size 3,300 SF
Lot size 1.41 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Fuel Pumps 8

Building Details

Buildings 1
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Zack Smith · License #MA 9566664
Source: Crexi
Added: Sep 21 Changed: Sep 26 Last Checked: Sep 26 at 2:15PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This freestanding gas station occupies a 1.41-acre parcel and contains 3,300 square feet of building area, with 8 fueling stations. Roadrunner (GPM Investments) is the sole tenant under an Absolute NNN lease with more than 10 years remaining. The agreement includes four (4) 5-year renewal options, with rent adjustments tied to cumulative five-year CPI changes during the initial term and at the start of each option period.

The property is on Sardis Road in Asheville, within a commercial and employment corridor that includes manufacturing, industrial, office, and service businesses. Schools and neighborhood retail are also part of the surrounding area. Interstate 40 and US Routes 19 and 23 provide regional connections. Asheville Regional Airport is approximately 20 miles away, and Hickory is about 65 miles to the east.

Key Highlights

  • 3,300‑square‑foot freestanding building on a 1.41‑acre parcel
  • 8 fueling stations
  • Absolute NNN lease with 10+ years remaining

Property Analytics

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Current Use

Sand Hill Kitchen Restaurant Roadrunner Market Grocery & Convenience Store ATM (Roadrunner Market) Atm bp Gas Station Western Union Bank

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Auto Repair Shop Auto Parts Store Big Box & Wholesale Store

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Valvoline Instant Oil Change Shops & Services
2,842 visits/mo 0.3 miles
BP Shops & Services
2,799 visits/mo 0.1 miles
Penske Truck Rental Shops & Services
921 visits/mo 0.4 miles

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A single-tenant operation is secured by an Absolute NNN lease with scheduled CPI-based rent adjustments.
Where is this gas station located?
The property is located at 491 Sardis Road Asheville, NC.
What is the asking price?
The asking price for this property is $4,089,854.
What are key features of this property?
This property features: 3,300‑square‑foot freestanding building on a 1.41‑acre parcel; 8 fueling stations; Absolute NNN lease with 10+ years remaining
More about this property
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