Investment Overview

Marcus & Millichap is pleased to exclusively represent ownership in their disposition of the Exxon Fuel/CrossAmerica Partners and convenience store in Trenton, Georgia - part of the Chattanooga, Tennessee MSA. The gas/convenience store is strategically located directly next to the off-ramp of southbound I-59. The subject property is encumbered by an absolute triple-net corporate lease originally guaranteed by The Pantry, which was acquired by Couche-Tard in 2015. This location has since been sold to CrossAmerica Partners whose subsidiary Minnesota Nice Holdings, Inc. operates this location. This property has been operational as a gas/convenience store since 2003. The first option of the original 20-year lease has been exercised. There are five more five-year options each with a 6.5 percent rental increase. The subject property is the first fuel option when exiting I-59 south from Chattanooga. It is located directly across from a Bi-Lo grocery store and shares access with a Krystal. The property has two pylon signs and benefits from excellent visibility on GA-136 and I-59. The immediate retail corridor also includes Wendy's, Taco Bell, Dollar General, and the Bank of Dade on the west side of I-59 and Ingles, McDonald's, CVS, Hardee's, Chevron, and moreon the east side of the interstate. The exit is also the primary exit for one of Georgia's largest Christian colleges, Covenant College, and the 6th largest state park of Georgia, Cloudland Canyon which attracts over 300,000 visitors annually. Just a 15 minute drive from downtown Chattanooga, Trenton is a growing area benefitting greatly from the area's tourism and business community. This is a tremendous offering for the savvy investor who wishes to own a high-performing gas and convenience store on a perfect location directly next to a busy interstate.