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3 Gas Station Mobile Portfolio 303 Hwy 31 2,675 SF 100% Leased Retail Building Bay Minette, AL 36507 For Sale
Investment Highlights
- Part of a 3 property portfolio in the Mobile, AL area.
- All locations are operating gas stations.
- 1, 2 or all 3 of the properties may be purchased.
Executive Summary
jgynnip@majorsmgmt.com. All IOI’s must be made in writing and should reflect the buyer’s best and most complete proposal
based on the information provided. See attached CIM for details.
Majors Management, LLC is offering three (3) company-owned convenience store locations strategically
positioned throughout the Mobile, Alabama market. Collectively, these assets represent a compelling
opportunity for buyers seeking to establish a presence or expand an existing footprint within a stable and
well-established Gulf Coast retail market.
The proposed transaction will be structured as follows:
•The proposed transaction will be structured as an asset sale. Buyers should assume a debt-free and cash-free balance sheet at closing. Inventory, supplies, and any applicable cash on hand will be transferred at actual cost, ensuring operational continuity while allowing the buyer to assume control of day-to-day operations upon closing.
•At closing, the buyer will enter into a fifteen (15) year fuel supply agreement with Majors Management, LLC or one of its affiliates. This agreement is intended to provide long-term supply stability and continuity for the locations while preserving flexibility for the buyer’s in-store merchandising and operational strategy.
The Company’s primary objective is the sale of these three convenience store locations as a discrete transaction. No other properties, stores, or assets owned by Majors Management, LLC or its affiliates are included. This divestment is part of a broader portfolio optimization strategy, allowing the Company to focus capital and operational resources on other strategic initiatives while providing buyers with a clearly defined and self-contained acquisition opportunity.
Data Room Click Here to Access
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
About 303 HWY 31 , BAY MINETTE, AL 36507
Majors Management, LLC is pleased to present a neighborhood-oriented convenience store for sale at 303 S Highway 31 in Bay Minette, Alabama. The property is strategically positioned along Highway 31, a primary north-south corridor through Bay Minette, offering strong visibility and convenient access for both local residents and daily commuters. • This location serves a well-established area of Bay Minette, surrounded by residential neighborhoods, local businesses, and community services. The site benefits from steady neighborhood traffic, repeat customer visits, and consistent demand for everyday convenience retail and fuel services. With close proximity to the downtown area and connectivity to major regional routes, the store captures both local and pass-through traffic while maintaining a community-focused operating presence.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Mining, Quarrying, and Oil and Gas Extraction
- -
- -
- -
Shell is an international energy company with expertise in the exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals. They use advanced technologies and take an innovative approach to help build a sustainable energy future. They invest in power, including from renewable sources such as wind and solar. They also invest in electric vehicle charging and low-carbon fuels for transport, such as advanced biofuels and hydrogen
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Mining, Quarrying, and Oil and Gas Extraction | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-05-16-3-001-050.000 | Improvements Assessment | $91,023 CAD |
| Land Assessment | $22,221 CAD | Total Assessment | $113,244 CAD |
Property Taxes
Presented by
3 Gas Station Mobile Portfolio | 303 Hwy 31
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