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Gas Station - Portland, TN 5989 Highway 31 W 5,086 SF Retail Building Portland, TN 37148 $3,700,000 ($727.49/SF)

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INVESTMENT HIGHLIGHTS

12 Fueling Stations With 6 MPDs: Efficiently Designed Layout to Accommodate High Traffic and Streamline Customer Flow
Strategic Location: Positioned as the First Gas Station Entering Portland, TN, From Hendersonville and Gallatin—Capturing Inbound Traffic
High Traffic Corridor: Located Directly Off Highway 109, Which Sees Over 17,000 Vehicles Per Day

Sale Includes Business and Real Estate: Offering a Turnkey Opportunity With Both Property and Operations Included
Limited Competition in the Area: Strong Market Positioning With Minimal Direct Competitors Nearby
Strong Surrounding Retail: Surrounded By National Retailers Such as Food Lion, Arby’s, McDonald’s, Walgreens, & More -Driving Consistent Customer

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,086 SF Gas Station Located at 5989 US-31 W in Portland, TN. This Deal Includes a Sale Includes Business and Real Estate Offering a Turnkey Opportunity With Both Property and Operations Included and Limited Competition in the Area, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394

PROPERTY FACTS

Sale Type

Owner User

Property Type

Retail

Property Subtype

Convenience Store

Building Size

5,086 SF

Building Class

Year Built

2000

Price

$3,700,000

Price Per SF

$727.49

Tenancy

Single

Building Height

1 Story

Building FAR

0.13

Lot Size

0.90 AC

Zoning

C-2 - Commercial

Parking

15 Spaces (2.95 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Number	039O-B-020.00	Improvements Assessment	$433,040 (2024)
Land Assessment	$74,880 (2024)	Total Assessment	$507,920 (2024)

PROPERTY TAXES

Parcel Number

039O-B-020.00

Land Assessment

$74,880 (2024)

Improvements Assessment

$433,040 (2024)

Total Assessment

$507,920 (2024)

(843) 931-9537

CONTACTS

Zachary Passman
Chris Sands
Clifton McCrory
John Brown
Thomas Gorman
Sands Investment Group

Listing ID: 36352510
Date on Market: 6/23/2025
Last Updated:
Address: 5989 Highway 31 W, Portland, TN 37148

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