GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
2330 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 | $51,856 |
| Base rent $/SF | $21.28 |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | 1/2 |
| Notice date | Sep 04, 2027 |
| Year built | 1984 |
| Building SF | 2,437 |
| Land area (acres) | 1.00 |
| Pre G&A CFC | 2.79x (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 2,437 SF Fas Mart convenience store at 2330 Peach Orchard Road, Sumter, SC operates on a net lease expiring March 31, 2028, offering just 1.8 years of remaining term. The site scores 42 out of 100 on location grade, reflecting low traffic counts, heavy local competition, and a thin daytime employment base. The investment thesis rests almost entirely on near-term income certainty backed by a publicly traded guarantor, not on location quality.
The immediate one-mile ring reports zero recorded population, suggesting the site sits in a commercial or transitional corridor rather than a dense residential node. The three-mile trade area reaches 11,392 residents at a modest 403 persons per square mile, with average household income of $78,911 and a 10.7% poverty rate. These are workable but unexceptional convenience-store demographics for a secondary South Carolina market.
Sumter County is a sub-250K metro that lost population between 2020 and 2024, declining from 105,493 to 104,776, signaling a flat to contracting demand environment. Unemployment at 5.2% runs above most Southeast metro averages, and the county's 1,821 total establishments reflect a modest local economy. Rent re-leasing optionality post-2028 will be constrained by these fundamentals.
Site-level traffic of 1,750 AADT is low for a fuel-and-convenience format, which typically requires sustained volumes several multiples higher to support strong fuel throughput and in-store sales. The Walk Score of 34 confirms car dependency, yet six competing gas stations sit within one mile, compressing market share potential. Proximity to a major road at 0.01 miles is a modest positive, but it does not offset the traffic and competition headwinds.
The site sits in FEMA Flood Zone X, indicating minimal flood exposure. State-level crime data was not available for direct benchmarking. No material environmental flags were identified in the data provided, though any buyer should commission a Phase I ESA given the 1984 build year and fuel-retail use history.
With 1.8 years remaining and a single renewal option requiring notice by September 4, 2027, rollover risk is imminent. Annual base rent of $51,856 is a modest cash flow stream, and no rent-at-expiration figure is available to assess embedded growth. GPM Investments, guaranteed by ARKO Corp. (Nasdaq: ARKO), the sixth-largest U.S. c-store operator, provides credible credit support through expiration, but a buyer acquires an asset that is functionally priced as a short-term income play with uncertain renewal economics in a declining-population market.
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