GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
2264 Peach Orchard Road, Sumter, SC
| Tenant / d/b/a | Youngs |
| Guarantor | Fas Mart (GPM Investments) |
| Lease commencement | Mar 27, 2008 |
| Lease expiration | Mar 31, 2028 |
| Remaining term | 1.8 yrs |
| Lease term (months) | — |
| Annual base rent | $129,334 |
| Base rent $/SF | $51.32 |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | 1/2 |
| Notice date | Sep 04, 2027 |
| Year built | 1978 |
| Building SF | 2,520 |
| Land area (acres) | 1.01 |
| Pre G&A CFC | 1.83x (2024) |
| Lease status | Active |
Sumter is home to Shaw Air Force Base (Air Force's largest combat F-16 wing; ~8,200 active-duty plus families), a major military demand base.
The location score above reflects resident-market real-estate fundamentals and does not incorporate seasonal or destination demand; consider this note alongside the store-level coverage (CFC) when assessing the asset.
| Metric | 1 mi | 3 mi | 5 mi |
|---|---|---|---|
| Population | 0 | 11,392 | 19,913 |
| Households | 0 | 4,143 | 7,808 |
| Pop. density (/sq mi) | 0 | 403 | 254 |
| Avg HH income | — | $78,911 | $74,773 |
| Poverty rate | — | 10.7% | 11.9% |
| Bachelor's+ | — | 24.2% | 26.3% |
| Median home value | — | $189,906 | $180,741 |
| Median rent | — | $1,118 | $1,121 |
| Median age | — | 29 | 29 |
| Owner-occupied | — | 64.4% | 54.6% |
This Fas Mart-branded convenience store and gas station at 2264 Peach Orchard Road in Sumter, SC is a single-tenant net lease asset backed by GPM Investments, a subsidiary of ARKO Corp., with approximately 1.8 years of remaining term. The location scores 42 out of 100 and carries meaningful operational headwinds including very low traffic counts and heavy local competition. Investors should treat this as a short-duration credit play requiring a clear view on re-tenanting or renewal probability.
The immediate one-mile trade area returns no measurable residential population, limiting organic foot traffic and fueling demand from neighborhood residents. The three-mile ring supports a modest base of 11,392 people at low density with average household income of $78,911 and a 10.7% poverty rate, suggesting limited discretionary spending depth. The five-mile population of roughly 19,900 at $74,773 average income is adequate but unremarkable for a convenience fuel concept.
Sumter County is a small metro market with a slightly declining population, down 0.7% from 2020 to 2024, and an unemployment rate of 5.2% that trails healthier regional benchmarks. The county's 1,821 total establishments and 374 retail locations reflect a thin but functional commercial base. There is no meaningful growth catalyst visible in the near-term data to support lease renewal on improved terms.
Traffic exposure is a significant concern at only 1,750 vehicles per day, well below the threshold institutional underwriters typically require for fuel-dependent formats. The Walk Score of 31 confirms car dependency, yet six competing gas stations exist within half a mile, creating direct volume pressure. Proximity to a major road is noted, but raw traffic volume undermines that theoretical advantage.
The flood zone classification is Zone X, indicating minimal physical hazard. Crime data is not available at the state level for this report, which limits full risk scoring. Environmental liability inherent to a 1978-vintage fuel site should be independently verified through Phase I and Phase II assessments prior to closing.
With 1.8 years remaining and a single renewal option, the buyer faces rollover risk before 2028. The current rent of $129,334 annually provides in-place income, but the absence of a stated rent-at-expiration figure makes it impossible to assess mark-to-market exposure. GPM Investments, backed by publicly traded ARKO Corp., the sixth-largest U.S. convenience operator, provides meaningful credit quality, but that credit does not offset the short duration or the site's below-average operational profile.
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