NNN Gas Station with Convenience
For Sale
Contact for pricing
617 Cleveland Ave, Attalla, AL 35954
Single-tenant fuel and convenience operation supported by an absolute NNN lease with landlord responsibilities limited under the lease structure.
Property Size2,250 SF
Lot Size0.39 Acres
Price / SF$569.65
Days on Market133
Property Features for 617 Cleveland Ave
General Information
Standard status
Active
Size
2,250 SF
Lot size
0.39 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$102,537
Building Details
Year Built
1989
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: Apr 20
Changed: Aug 30
Last Checked: Aug 30 at 5:12AM
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 includes a 2,250-square-foot convenience store, six fueling lanes, and fee-simple ownership of the land and building on 0.39 acres. The property was built in 1989 and is leased to a single tenant under an absolute NNN structure, with zero landlord responsibilities stated in the lease terms.
A new 20-year lease is scheduled to be executed at close of escrow, including 1.75% annual increases during the primary term and option periods. The lease carries a guaranty from SGS Holdings, which has more than 20 years of operating history.
The site is less than half a mile from the Etowah County Fairgrounds and 2 miles from the Gadsden Industrial Park, a 1.5M-square-foot industrial park with 18 miles of recently upgraded rail track. The surrounding 10-mile radius includes 33,650+ homes, and the industrial park has 42,500 square feet of office space.
A new 20-year lease is scheduled to be executed at close of escrow, including 1.75% annual increases during the primary term and option periods. The lease carries a guaranty from SGS Holdings, which has more than 20 years of operating history.
The site is less than half a mile from the Etowah County Fairgrounds and 2 miles from the Gadsden Industrial Park, a 1.5M-square-foot industrial park with 18 miles of recently upgraded rail track. The surrounding 10-mile radius includes 33,650+ homes, and the industrial park has 42,500 square feet of office space.
Key Highlights
- 2,250‑square‑foot convenience store with 6 fueling lanes
- 0.39 acres with fee‑simple land and building ownership
- Absolute NNN lease with zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
93k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 35%
Hotels & Casinos 2%
McDonald's
Dining
23,321 visits/mo
0.1 miles
Taco Bell
Dining
13,040 visits/mo
0.1 miles
Marathon
Shops & Services
11,943 visits/mo
0.2 miles
Scooter's Coffee
Dining
10,126 visits/mo
0.1 miles
Shell
Shops & Services
7,718 visits/mo
0.3 miles
Demographics for 35954, AL
12,145
Population
5,646
Households
2.2
Avg Household Size
42
Median Age
12%
College-Educated
86%
High-School Grad
106.6 sq mi
ZIP Area
114
Density / Sq Mi
$56,004
Median Household Income
$37,924
Median Earnings
$681
Median Rent
$130,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Single-tenant fuel and convenience operation supported by an absolute NNN lease with landlord responsibilities limited under the lease structure.
Where is this gas station located?
The property is located at 617 Cleveland Ave Attalla, AL.
What is the asking price?
The asking price for this property is $1,281,718.
What are key features of this property?
This property features: 2,250‑square‑foot convenience store with 6 fueling lanes; 0.39 acres with fee‑simple land and building ownership; Absolute NNN lease with zero landlord responsibilities
