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Auto Service - Gas-Conv

Shell C-Store & Gas | 20 Year Absolute Net Sale Leaseback | Qualifies for Accelerated Depreciation

1190 Wilson Rd, Newberry (Outside Columbia), SC 29108

Listing Price: $2,290,041

Cap Rate
6.00%
Tenant Name
Shell
Years Remaining On Lease
20.4
Gross SF
2,418
Guarantor
Franchisee Guarantee
Rentable SF
2,418
Price/Gross SF
$947.08
Lease Type
Absolute Net
Rent Per Square Feet
$56.82

Investment Overview

Qualifies for Accelerated Depreciation | Signalized Hard Corner Location | Pad to Walmart Supercenter & Tractor Supply | Across Walgreens & CVS | Below Replacement Cost | Recession and Covid-19 Resistant Retailer with Attractive Industry Dynamics

Investment Highlights

  • 20 Year Absolute Net Sale Leasebacks Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
  • Highly Experienced Operator 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 United States.
  • Substantially Below Replacement Costs. Recession and Covid-19 Resistant Retailer with Attractive Industry Dynamics.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Positioned Along Area's Major Retail & Traffic Corridor: Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 29k Vehicles.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Auto Service - Gas-Conv

Shell C-Store & Gas | 20 Year Absolute Net Sale Leaseback | Qualifies for Accelerated Depreciation

Listing Price: $2,290,041

Cap Rate
6.00%
Tenant Name
Shell
Years Remaining On Lease
20.4
Gross SF
2,418
Guarantor
Franchisee Guarantee
Rentable SF
2,418
Price/Gross SF
$947.08
Lease Type
Absolute Net
Rent Per Square Feet
$56.82

Investment Highlights

  • 20 Year Absolute Net Sale Leasebacks Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
  • Highly Experienced Operator 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 United States.
  • Substantially Below Replacement Costs. Recession and Covid-19 Resistant Retailer with Attractive Industry Dynamics.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Positioned Along Area's Major Retail & Traffic Corridor: Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 29k Vehicles.

Investment Overview

Qualifies for Accelerated Depreciation | Signalized Hard Corner Location | Pad to Walmart Supercenter & Tractor Supply | Across Walgreens & CVS | Below Replacement Cost | Recession and Covid-19 Resistant Retailer with Attractive Industry Dynamics

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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