$6,129,035 USD
817-328-5223
4303 S Court St
Montgomery, AL 36105
Outer South/Airport
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease - Rent Commenced January 2025
- 1.5% Annual Increases Throughout Primary Term and Option Periods
- Large 200+ Unit Operator Across 6 Southeastern States With Plans for Growth
- Operator Has Been in Business for 30+ Years
- Chevron Unveiled Extra Mile Convenience Stores in 2017 With Great Success
- Extra Mile has Over 1,100 Locations With Plans on Expanding to 2,000 by 2029
OVERVIEW
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an ExtraMile in Montgomery, AL. The subject property has a brand new 20-year absolute NNN lease and operator has been in business for 30+ years. It is available for bonus depreciation.
In Cooperation With Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | (513) 898-1551
FOR SALE DETAILS
PRICE
$6,129,035 USD
PRICE/SF
$1,703 USD /SF
CAP RATE
6.2%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Extra Mile
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Service Station, Storefront, Truck Stop
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
-
APN/PARCEL ID
10-09-31-2-005-006.000,10-09-31-2-005-007.000
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817-328-5223
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817-328-5223
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