617 Cleveland Ave

This offering represents an excellent single-tenant investment opportunity featuring a newly executed 20-year absolute NNN lease with zero landlord responsibilities, beginning at the close of escrow. The lease includes 1.75% annual rent increases throughout the primary term and option periods and is backed by a strong guaranty from SGS Holdings, a company with over 20 years of operating history. 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 2,250-square-foot convenience store with six fueling lanes situated on a 0.39-acre parcel in Attalla, Alabama. The location benefits from strong consumer fundamentals, with transportation and maintenance representing the largest expenditure category within a three-mile radius at approximately 27.43% of total spending. It is positioned less than half a mile from the historic Etowah County Fairgrounds, a community hub with over 80 years of operating history that hosts major annual events and civic activities. The property also serves a broad residential base of more than 33,650 homes within a 10-mile radius and is located just two miles from the Gadsden Industrial Park, a 1.5 million-square-foot industrial hub featuring upgraded rail infrastructure, office space, and significant recent investment, including a $430 million commitment from Minth Group Limited, further supporting long-term economic growth and demand in the area.