Auto Service - Gas-Conv
Shell C-Store & Gas | Columbia, SC | Absolute NNN - 17+ Year Term | Qualifies for Bonus Depreciation
538 St Andrews Rd, Columbia, SC 29210
Listing Price: $1,780,000
Investment Overview
Experienced owner/operator offering net lease opportunity for select stores of recently acquired South Carolina convenience store chain. Pops Mart Fuels, LLC consists of 42 gas/convenience stores headquartered and operating in the Metro Columbia, South Carolina market, primarily Shell branded. The owner/operators of Pops Mart have over 60 years of experience in the c-store industry acquiring and owning over 500 gas/convenience stores. This experience included such premium brands as BP, Amoco, Shell, Exxon, Chevron, Texaco, Citgo and Mobil. Pops Mart has not only retained the existing management team of the company but enhanced it with three 30 year experts in retail marketing and operations. With this operating platform Pops Mart plans to grow throughout the Southeast United States primarily via acquisitions.
In the past six years the owner/operators acquired 121 gas/convenience stores over 7 separate acquisitions eventually selling them to a large, publicly traded convenience store operator.
Shell C-Store & Gas | Columbia, SC | Absolute NNN - 17+ Year Term | Qualifies for Bonus Depreciation
Investment Highlights
- 17+ Year Absolute Net Lease Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Highly Experienced Operator w/ 42 units will do Business as Pops Mart Fuels LLC. The Company is committed to grow the Chain into a Regional Company by Expanding the Brand throughout the Southeast U.S.
- Densely Populated Area: Features more than 118k People Residing within a 5-Mile Radius. Columbia is the 10th fastest Growing City in the Nation.
- Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 24k Vehicles.
Auto Service - Gas-Conv
Shell C-Store & Gas | Columbia, SC | Absolute NNN - 17+ Year Term | Qualifies for Bonus Depreciation
Listing Price: $1,780,000
Investment Highlights
- 17+ Year Absolute Net Lease Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Highly Experienced Operator w/ 42 units will do Business as Pops Mart Fuels LLC. The Company is committed to grow the Chain into a Regional Company by Expanding the Brand throughout the Southeast U.S.
- Densely Populated Area: Features more than 118k People Residing within a 5-Mile Radius. Columbia is the 10th fastest Growing City in the Nation.
- Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 24k Vehicles.
Investment Overview
Experienced owner/operator offering net lease opportunity for select stores of recently acquired South Carolina convenience store chain. Pops Mart Fuels, LLC consists of 42 gas/convenience stores headquartered and operating in the Metro Columbia, South Carolina market, primarily Shell branded. The owner/operators of Pops Mart have over 60 years of experience in the c-store industry acquiring and owning over 500 gas/convenience stores. This experience included such premium brands as BP, Amoco, Shell, Exxon, Chevron, Texaco, Citgo and Mobil. Pops Mart has not only retained the existing management team of the company but enhanced it with three 30 year experts in retail marketing and operations. With this operating platform Pops Mart plans to grow throughout the Southeast United States primarily via acquisitions. In the past six years the owner/operators acquired 121 gas/convenience stores over 7 separate acquisitions eventually selling them to a large, publicly traded convenience store operator.
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