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For Sale

ExtraMile

4303 S Court St,
Montgomery, AL 36105

Asset Snapshot

2024
Year Built
100%
Occupancy

Offering Summary

Investment Overview

TBD


Investment Highlights

  • 20-Year Absolute NNN Lease With 18+ Years of Term Remaining
  • 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
  • 1.25 Acre Corner Lot Located Along HWY 80 Featuring 49,000+ Combined VPD With Points of Access From 2 Roads
  • Montgomery is the State Capital of Alabama and Features a Population Near 200,000
  • Booming Local Economy, Several New Businesses in Area, Meta Platform (715,000 SF Campus), Amazon to Build 650,000 SF Facility, Hyundai Motors ($290M Investment)
  • Extra Mile has Over 1,100 Locations With Plans on Expanding to 2,000 by 2029
  • Available for Bonus Depreciation
  • Chevron Unveiled Extra Mile Convenience Stores in 2017 With Great Success

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Listing Syndicated From

Buildout
For Sale
$6,022,850
Asking Price