Single-Tenant Convenience
For Sale
Contact for pricing
901 E Meighan Blvd, Gadsden, AL 35903
Single tenant convenience store on an absolute NNN lease with six fueling lanes.
Property Size1,068 SF
Lot Size0.63 Acres
Price / SF$1,466
Days on Market159
Property Features for 901 E Meighan Blvd
General Information
Standard status
Active
Size
1,068 SF
Lot size
0.63 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$123,851
Additional Details
Traffic Count
38,200 vehicles/day
Building Details
Year Built
1968
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: Mar 31
Changed: Aug 23
Last Checked: Aug 31 at 11:26AM
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 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).
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
Property Analytics
Property Profile
Current Use
Lease Details
38,200 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 35903, AL
17,344
Population
8,338
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
87%
High-School Grad
68.2 sq mi
ZIP Area
254
Density / Sq Mi
$50,063
Median Household Income
$35,361
Median Earnings
$823
Median Rent
$170,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
