Absolute NNN Maverix Gas Station | 602 Chastain Blvd E

This offering presents a strong single-tenant investment opportunity featuring a newly executed 20-year absolute NNN lease with no landlord responsibilities, commencing at the close of escrow. The lease is backed by SGS Holdings, a tenant with over 20 years of operating history, and includes 1.75% annual rent increases throughout both the primary term and option periods. The property is offered fee simple, providing full ownership of the land and building, and may qualify for bonus depreciation (buyers should consult their CPA). The asset consists of a 3,992-square-foot convenience store with eight fueling lanes situated on a 1.11-acre parcel in Gadsden, Alabama. Positioned along a high-traffic corridor with more than 22,000 vehicles per day, the location benefits from strong consumer fundamentals, with transportation and maintenance representing the largest spending category within a three-mile radius at approximately 28% of total expenditures. The property is also within five miles of the Minth Group’s flagship campus, a one-million-square-foot advanced manufacturing facility expected to create over 1,300 jobs, further strengthening the local economy. Additionally, the area features a stable residential base, with a 68.02% owner-occupied housing rate within three miles, and is located along a well-established retail corridor surrounded by national tenants, supporting long-term visibility and consistent customer traffic.