602 Chastain Blvd E, Gadsden, Alabama 35905
Absolute NNN Maverix Gas Station For Sale | Gadsden, AL | 8.00% Cap Rate is a convenience stores and gas station for sale in Gadsden, Alabama, listed at $5,048,692. Key details: year built 1999, building size 3,992 sqft, lot size 1 acres, stories 1. Listed by Eric Vu of Anchor Point Capital on LoopingCloud and last updated July 22, 2026.
Anchor Point Capital is pleased to present the exclusive opportunity to acquire a single-tenant Absolute NNN Maverix Gas Station & Convenience Store located in Gadsden, Alabama.
Generating a Net Operating Income (NOI) of $403,895 at a lucrative 8.00% Cap Rate, this asset offers investors a brand-new 20-year lease starting at close of escrow, complete hands-off passive income, and significant tax shelter benefits through potential bonus depreciation.
| Property Metric | Specification / Detail |
| Property Subtype | Convenience Store & Gas Station (STNL) |
| Cap Rate | 8.00% |
| Net Operating Income (NOI) | $403,895 |
| Lease Type | Absolute NNN (Zero Landlord Responsibilities) |
| Ownership Interest | Fee Simple (Land & Building) |
| Initial Lease Term | 20 Years (Commencing at Close of Escrow) |
| Lease Expiration | June 13, 2046 |
| Remaining Lease Term | ~19.9 Years |
| Annual Rent Escalations | 1.75% Annual Increases |
| Renewal Options | 4 - 5 Year Extension Options |
| Building Footprint | 3,992 SF |
| Fueling Infrastructure | 8 Dedicated Fueling Lanes |
| Lot Size | 1.110 Acres |
| Year Built | 1999 |
| Tenancy / Occupancy | Single-Tenant / 100% Occupied |
| Operator / Tenant Brand | Maverix (Guaranteed by SGS Holdings) |
New 20-Year Absolute NNN Lease: Zero landlord responsibilities. The tenant handles all property taxes, insurance, routine maintenance, and structural repairs—making this a ideal 100% passive investment.
Experienced Corporate Guaranty: Guaranteed by SGS Holdings, an established operator with over 20 years of proven operating history in the convenience and retail sector.
Built-In Inflation Hedge: Features 1.75% annual rent increases throughout the initial term and all four 5-year extension options, ensuring steady yield growth over time.
Fee Simple & Bonus Depreciation Eligible: Buyers own both land and building outright, qualifying for accelerated or bonus depreciation benefits (consult your CPA for specific tax advantages).
Strong Cash Flow Profile: Exceptional 8.00% return ($403,895 initial NOI) backed by an essential, recession-resilient retail business model.
Situated in a dominant retail corridor in Gadsden, Alabama, this property benefits from massive regional commuter traffic, established local demographics, and major nearby industrial investments.
High-Volume Traffic Corridor: Positioned on a heavily traveled artery seeing over 22,000+ vehicles per day (VPD) directly past the site.
Dominant Transportation Spending Market: Within a 3-mile radius, total transportation and vehicle maintenance expenditures account for ~28% of all consumer spending—representing the single largest consumer expense category in the local trade area.
Proximity to Minth Group Flagship Campus: Located within 5 miles of Minth Group's 1-million-square-foot advanced manufacturing hub, a major economic driver generating over 1,300 new jobs in the immediate vicinity.
Stable Residential Footprint: Features an established homeownership rate of 68.02% owner-occupied housing within 3 miles, driving consistent everyday neighborhood visits.
Surrounded by National Retailers: Co-tenants and nearby national brands driving cross-shopping traffic include Tractor Supply Co., McDonald's, Dollar General, Ollie's Bargain Outlet, and Domino's.
For more details, offering memorandums, or acquisition procedure inquiries, please contact the listing agents at Anchor Point Capital:
Chandler Dignam | cdignam@anchorpointcapital.com
Jacob Sparks | jsparks@anchorpointcapital.com
Key highlights
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Source: Yearly tax returns
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2026 | - | - | - | $403,895 | - | - |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $5,048,692 | 8% | - | - | - |
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Absolute NNN Maverix Gas Station For Sale | Gadsden, AL | 8.00% Cap Rate is listed at $5,048,692. That works out to about $1,265 per square foot. The stated cap rate is 8%.
The property is in 602 Chastain Blvd E, Gadsden, Alabama 35905, Etowah County.
This is a convenience stores and gas station for sale in the commercial category.
The building is 3,992 sqft. The lot is 1 acres.
The lister indicates: Third Party Financing.
Eric Vu of Anchor Point Capital listed this property. Use the Request Info button to send a message or call (949) 667-1077.
It was published on July 22, 2026 and last updated on July 22, 2026.
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