Auto Service - Gas-Conv
Roots Oil
9495 Augusta Rd, Pelzer, SC 29669
Listing Price: $1,905,000
Investment Overview
STRONG REAL ESTATE FUNDAMENTALS Strategically located at a hard corner of 4-way signalized intersection Multiple points of ingress and egress Flat topography with strong visibility Ample parcel size of ±1.24 acres Fueling station with 4 MPDs/8 hoses Lack of immediate competition New fuel canopy, MPDs and display sign OPTIMAL LEASE STRUCTURE Rare 20-year base term Four (4), 5-year renewal options Inflation hedge with 7.5% rent escalations every 5 years throughout entire lease Triple Net (NNN) lease with NO landlord responsibilities Tax advantages with accelerated & bonus depreciation due to fee simple ownership ROOTS OIL COMPANY Full-service, multi-line wholesale distributor of petroleum and related products Currently operate in 11 states (17 states by Summer 2023) GA, AL, SC, KY, MO, AR, WI, NY, NV, AZ & ID Current petroleum brands: 76, Valero, TA Express, Sinclair GREENVILLE, SC MSA ADVANTAGES Anchor city of the Update, a combined statistical are with a population of ±1.5 MM people Major industries include technology and financial services Largest employers: Prisma Health (health services) Michelin North America (HQ, R&D, manufacturing) Bon Secours St. Francis Health System (health services) Duke Energy Corp. (utility provider)
Investment Highlights
- 19+YR ABS. NNN LEASE
- BONUS DEPRECIATION ELIGIBLE | 7.5% RENT BUMPS
- RECENT TENANT IMPROVEMENTS
Exclusively Listed By
Broker of Record
Listing Price: $1,905,000
Investment Highlights
- 19+YR ABS. NNN LEASE
- BONUS DEPRECIATION ELIGIBLE | 7.5% RENT BUMPS
- RECENT TENANT IMPROVEMENTS
Investment Overview
STRONG REAL ESTATE FUNDAMENTALS Strategically located at a hard corner of 4-way signalized intersection Multiple points of ingress and egress Flat topography with strong visibility Ample parcel size of ±1.24 acres Fueling station with 4 MPDs/8 hoses Lack of immediate competition New fuel canopy, MPDs and display sign OPTIMAL LEASE STRUCTURE Rare 20-year base term Four (4), 5-year renewal options Inflation hedge with 7.5% rent escalations every 5 years throughout entire lease Triple Net (NNN) lease with NO landlord responsibilities Tax advantages with accelerated & bonus depreciation due to fee simple ownership ROOTS OIL COMPANY Full-service, multi-line wholesale distributor of petroleum and related products Currently operate in 11 states (17 states by Summer 2023) GA, AL, SC, KY, MO, AR, WI, NY, NV, AZ & ID Current petroleum brands: 76, Valero, TA Express, Sinclair GREENVILLE, SC MSA ADVANTAGES Anchor city of the Update, a combined statistical are with a population of ±1.5 MM people Major industries include technology and financial services Largest employers: Prisma Health (health services) Michelin North America (HQ, R&D, manufacturing) Bon Secours St. Francis Health System (health services) Duke Energy Corp. (utility provider)
Exclusively Listed By
Broker of Record

