Absolute NNN Gas
For Sale
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602 Chastain Blvd E, Glencoe, AL 35905
Single-tenant convenience store with eight fueling lanes and an absolute NNN lease.
Property Size3,992 SF
Price / SF$1,264
Days on Market141
Property Features for 602 Chastain Blvd E
General Information
Standard status
Active
Size
3,992 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$403,895
Building Details
Year Built
1999
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 4:07PM
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 Anchor Point Capital
Investment Insights
Based on property information with market context.
This gas station property combines a 3,992-square-foot convenience store with eight fueling lanes on 1.11 acres. Fee-simple ownership includes the land and building, while the property is leased on an absolute NNN basis with no landlord responsibilities identified. A 20-year lease is scheduled for execution at the close of escrow, supported by a guaranty from SGS Holdings, an operator with more than 20 years of operating history. The lease provides 1.75% annual increases during the primary term and options.
The property sits along a retailer corridor with Tractor Supply Co., McDonald’s, Dollar General, Ollie’s Bargain Outlet, and Domino’s identified as neighboring national tenants. The surrounding trade area records more than 22,000 cars per day, and a Minth Group advanced manufacturing campus is described as a 1M SF facility associated with 1,300+ new jobs. The building was constructed in 1999.
The property sits along a retailer corridor with Tractor Supply Co., McDonald’s, Dollar General, Ollie’s Bargain Outlet, and Domino’s identified as neighboring national tenants. The surrounding trade area records more than 22,000 cars per day, and a Minth Group advanced manufacturing campus is described as a 1M SF facility associated with 1,300+ new jobs. The building was constructed in 1999.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities identified
- 3,992 SF convenience store with 8 fueling lanes
- 1.11‑acre fee‑simple land and building ownership
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 35905, AL
6,706
Population
2,862
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
41.8 sq mi
ZIP Area
160
Density / Sq Mi
$65,505
Median Household Income
$38,315
Median Earnings
$715
Median Rent
$188,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Gas station - Single-tenant convenience store with eight fueling lanes and an absolute NNN lease.
Where is this gas station located?
The property is located at 602 Chastain Blvd E Glencoe, AL.
What is the asking price?
The asking price for this property is $5,048,692.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities identified; 3,992 SF convenience store with 8 fueling lanes; 1.11‑acre fee‑simple land and building ownership
