901 E Meighan Blvd Gadsden, AL 35903

Building Details

Year Built

1968

Listing agency Anchor Point Capital

Listed by Eric Vu · License #01913407

Source Crexi

Added: Mar 31 Updated: Jul 21 at 3:26PM Checked: Jul 21 at 3:26PM

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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

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Investment Insights

Based on property information with market context.

This property is a single-tenant convenience store offering 1,068 square feet and featuring six fueling lanes. The listing notes an absolute NNN lease structure described as zero landlord responsibilities, along with a new 20-year lease executed at close of escrow and a strong lease guaranty tied to SGS Holdings with over 20 years of operating history. The annual increases in the primary term and options are listed at 1.75%.

The site is located on a high-traffic corridor with 38,200 cars per day along Meighan Blvd, described as the primary retail artery in Gadsden. The property is positioned directly across from Takkion’s 2.9 million square foot warehouse. National retailers mentioned nearby include Walmart Supercenter, Hobby Lobby, Old Navy, Ross Dress for Less, TJ Maxx, ULTA Beauty, Popeyes, Petco, and ALDI.

Fee simple land and building ownership is included, and the listing states the property qualifies for bonus depreciation (consult your CPA for tax benefits).

Key Highlights

• Absolute NNN single‑tenant convenience store with zero landlord responsibilities
• New 20‑year lease executed at close of escrow with a strong lease guaranty from SGS Holdings (20+ years operating history)
• 1,068 SF convenience store on 0.63 acres with six fueling lanes

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FAQs

What type of property is this?

Gas station - Single tenant convenience store on an absolute NNN lease with six fueling lanes.

Where is this gas station located?

The property is located at 901 E Meighan Blvd Gadsden, AL.

What is the asking price?

The asking price for this property is $1,566,034.

What are key features of this property?

This property features: Absolute NNN single‑tenant convenience store with zero landlord responsibilities; New 20‑year lease executed at close of escrow with a strong lease guaranty from SGS Holdings (20+ years operating history); 1,068 SF convenience store on 0.63 acres with six fueling lanes