4303 S Court St - Convenience Store FOR SALE


Montgomery, AL 36105- Outer South/Airport
$6,129,035 USD
817-328-5223
4303 S Court St, Montgomery, AL for Sale
$6,129,035 USD
Convenience Store - FOR SALE
1/5
null | 6.2% Cap Rate

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

ASK ABOUT THIS PROPERTY

Eric KelleyTrinity Real Estate Investment Services, LLCMore Info
817-328-5223

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Eric KelleyTrinity Real Estate Investment Services, LLCMore Info
817-328-5223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.