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Marathon Net Leased Gas Station – Annual Rent Increases

410 W Main St, Clinton, SC 29325

Listing Price: $644,114

Cap Rate
7.00%
Tenant Name
S&D Oil Company
Years Remaining On Lease
18.3
Gross SF
2,400
Guarantor
Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$268.38
Lease Type
Absolute Net
Rent Per Square Feet
$18.79

Investment Overview

Marcus & Millichap is pleased to present for sale this 2,400 square foot
Marathon Gas Station located at 410 West Main Street in Clinton, South
Carolina. This property has an Absolute Triple Net Lease with no landlord
responsibilities. Clinton is located in the upstate region of South Carolina
and 40 miles south of Greenville. The population of Clinton is 7,675 and
it is part of the Greenville-Mauldin-Easley Metropolitan Statistical Area.
Major employers in Clinton include ZF Transmissions, Laurens County
School District, Walmart Distribution, Yanfeng and Sterlite Corporation.
Located nearby this Marathon Gas Station is Presbyterian College with
893 Enrolled Students and Piedmont Technical College with 1,733
Enrolled Students.
Numerous apartment complexes surround this Marathon Property
including Colony Square Apartments, Tribble Street Apartments, Jacobs
Press Apartments, Fareview Apartments, Highland Park Apartments,
Glendale Manor Apartments, Belle Ville Apartments, and Countryside
Home Apartments.
Nearby tenants include Taco Bell, McDonald’s, Wells Fargo, Napa Auto
Parts and Domino’s Pizza.
Marathon Petroleum Company is an American petroleum refining,
marketing and transportation company which is headquartered in
Findlay, Ohio. It was founded in 1887 when several small oil companies
banded together to form The Ohio Oil Company which later evolved
into Marathon Petroleum Company. Today the publicly traded company
has 6,900 independently owned retail outlets and 1,100 direct dealer
locations.

Investment Highlights

  • 2,400 Square Foot Marathon Gas Station Located at 410 West Main Street in Clinton, South Carolina (Population 7,675) and Part of the Greenville-Mauldin-Easley-Metropolitan Statistical Area
  • Located Nearby this Marathon Gas Station is Presbyterian College with 893 Enrolled Students and Piedmont Technical College with 1,733 Enrolled Students
  • Marathon Petoleum Company was Founded in 1887 and Today has 6,900 Independently Owned Retail Outlets and 1,100 Direct Dealer Locations

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Auto Service - Gas-Conv

Marathon Net Leased Gas Station – Annual Rent Increases

Listing Price: $644,114

Cap Rate
7.00%
Tenant Name
S&D Oil Company
Years Remaining On Lease
18.3
Gross SF
2,400
Guarantor
Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$268.38
Lease Type
Absolute Net
Rent Per Square Feet
$18.79

Investment Highlights

  • 2,400 Square Foot Marathon Gas Station Located at 410 West Main Street in Clinton, South Carolina (Population 7,675) and Part of the Greenville-Mauldin-Easley-Metropolitan Statistical Area
  • Located Nearby this Marathon Gas Station is Presbyterian College with 893 Enrolled Students and Piedmont Technical College with 1,733 Enrolled Students
  • Marathon Petoleum Company was Founded in 1887 and Today has 6,900 Independently Owned Retail Outlets and 1,100 Direct Dealer Locations

Investment Overview

Marcus & Millichap is pleased to present for sale this 2,400 square foot Marathon Gas Station located at 410 West Main Street in Clinton, South Carolina. This property has an Absolute Triple Net Lease with no landlord responsibilities. Clinton is located in the upstate region of South Carolina and 40 miles south of Greenville. The population of Clinton is 7,675 and it is part of the Greenville-Mauldin-Easley Metropolitan Statistical Area. Major employers in Clinton include ZF Transmissions, Laurens County School District, Walmart Distribution, Yanfeng and Sterlite Corporation. Located nearby this Marathon Gas Station is Presbyterian College with 893 Enrolled Students and Piedmont Technical College with 1,733 Enrolled Students. Numerous apartment complexes surround this Marathon Property including Colony Square Apartments, Tribble Street Apartments, Jacobs Press Apartments, Fareview Apartments, Highland Park Apartments, Glendale Manor Apartments, Belle Ville Apartments, and Countryside Home Apartments. Nearby tenants include Taco Bell, McDonald’s, Wells Fargo, Napa Auto Parts and Domino’s Pizza. Marathon Petroleum Company is an American petroleum refining, marketing and transportation company which is headquartered in Findlay, Ohio. It was founded in 1887 when several small oil companies banded together to form The Ohio Oil Company which later evolved into Marathon Petroleum Company. Today the publicly traded company has 6,900 independently owned retail outlets and 1,100 direct dealer locations.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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