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Virtual Drive-By

Chevron

715 W 4th St · Adel, GA 31620 · Convenience / Fuel

Asking price
$4,900,000
Cap rate
NOI (derived)

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Lease

Lease type
Term remaining
Expiration
Rent bumps
Options
Ground leaseNo
Credit profile
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF6,600
Price / SF$742
Year built1997
Lot size1.36 ac
TypeConvenience Store, Gas Station
Days on market30

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​6747 SF Building
  • ​1.36 AC Site
  • ​8 Fueling Positions
  • ​Vacant Unit B + Drive-Thru
  • ​Open COAM License Included
  • ​Minimal Near-Term CapEx
  • ​Brand-New 2026 Conversion
  • ​Business Included - Turnkey Day One
  • ​Signalized Hard Corner - 18,932 VPD
  • ​Vacant Unit B - Value-Add Lease (2723 sq ft)
  • ​National Co-Tenancy Within 3 Minutes
  • ​Strong Feasibility Projections

Property overview

Explore this unique opportunity to acquire 715 W 4th Street and take over business operations for the brand-new Chevron ExtraMile location, positioned at the heart of growing Adel, Georgia.​ After a comprehensive conversion completed in 2026, 715 W 4th Street has been transformed from a previous Rite Aid into a modern ExtraMile convenience store and eight-pump Chevron fuel station.​ This is a true turnkey takeover as the site has an in-place fuel contract with Amazing Energy Solutions and an estimated $90,000 in inventory value.​ 715 W 4th Street also offers opportunities for alternative revenue streams, including a small retail space that can be leased and an open COAM license, both simple ways to increase income.​ 715 W 4th Street’s strategic positioning reinforces long-term success and superior consumer exposure.​ 4th Street is the city’s primary east-west thoroughfare, connecting to charming Downtown Adel and Interstate 75, both of which are effectively equidistant to the property.​ Additionally, 715 W 4th Street sits on 1.36 acres at a signalized intersection and is surrounded by the city’s densest concentration of national brands.​ Businesses like Walmart Supercenter, Piggly Wiggly, Walgreens, Dollar General, Starbucks, Dairy Queen, Tractor Supply, and more are all within three minutes of the property, creating a thriving synergy.​ Cook County is an emerging market and, as the county seat, the city of Adel is a primary beneficiary of this rising economy.​ Regional connectivity via Interstate 75 and US Highway 41, with great access to major metros, rail lines, and ports, has fortified the area as an industrial powerhouse.​ Vulcan Steel’s more than 40-year presence helped earn Adel the title “Steel Building Capital of the South,” and JM Eagle, the world’s largest PVC fabricator, further reinforces the economy’s significant manufacturing backbone.​ Population growth has increased due to migration for these regional employers, combined with low cost of living and an excellent K-12 system, which boasts a 9% higher graduation rate than the entire state.​ This growth has invigorated investment within the county, such as the $52 million Southwell Medical Center, providing Adel residents with their first major healthcare system.​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.