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5407 Summerville Road, Phenix City, AL, 36867

Gas Express Sale Leaseback
Closed

Key Information

Cap Rate
6.35%
Tot. SF
3,900
Year Built
2000
Type
Retail
NOI
$186,000

Highlights

Strong Real Estate Fundamentals

  • Affluent, dense & high-growth segment of Phenix City, Avg. Household Incomes: ±$125.6k (1-Mi); ±$98lk (3-Mi); ±$84.55k (5-Mi), Population: ±3.98k (1-Mi); ±32.97k (3-Mi); ±94.5k (5-Mi), Growth from 2010-2025: ±$28.86% (1-Mi); ±16.45% (3-Mi); ±10.3% (5-Mi)
  • Adjacent to high-traffic CVS (ranked 95% percentile in state of AL per Alpha Maps)
  • Across the street from Phenix Crossing, a Publix-anchored retail center owned by Regency Centers
  • Multiple points of ingress/egress with interparcel access to a 4-way signalized intersection

100% Bonus Depreciation & Accelerated Depreciation

  • One Big Beautiful Bill (OBBBA) permanently restored 100% bonus depreciation for “retail motor fuel outlet”
  • Immediate tax write-off to improve cash flow and reduce taxable income
  • Subject property qualifies for 100% Bonus Depreciation (please consult your CPA for more details)

Columbus, GA MSA

  • Comprised of six (6) counties in GA and one (1) in AL
  • Major employers include Fort Benning – 45,000+ employees (Annual economic impact of $4.75B),  TSYS, a Global Payments Company – 4,075+ employees,  Aflac – 3,335+ employees, Kia Motors Manufacturing Georgia – 2,700+ employees

Optimal Lease Structure

  • Rare 20-year base term
  • Four, 5-year renewal options
  • Inflation hedge with 1.5% rent escalations every year through the entire lease
  • Absolute triple net (NNN) with NO landlord responsibilities
  • Tax advantages with accelerated & 100% bonus depreciation due to fee simple ownership

Large Franchisee & Dominant Brand

  • Expanding 200+ unit operator across 6 states (AL, AR, GA, LA, SC, TN)
  • 30+ year operating history
  • Headquarters in Atlanta, GA

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203