Fortis Capital Solutions GPM Disposition PortfolioLocation Intelligence & Lease Summary
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Rank #102 of 143 Average 47/100 ⛽ 1 gas within 3 mi

YoungsStore #2669 · Youngs

120 W Clark St, Pinewood, SC

Annual Base Rent$112,862
Rent $/SF$53.67
Building SF2,103
Land (ac)0.76
Remaining Term1.6 yrs
StatusMid-Term
Pre G&A CFC0.92x

Lease Abstract

Tenant / d/b/aYoungs
GuarantorFas Mart (GPM Investments)
Lease commencementMar 27, 2008
Lease expirationMar 31, 2028
Remaining term1.6 yrs
Lease term (months)
Annual base rent$112,862
Base rent $/SF$53.67
Rent at expiration
Expiration rent $/SF
Renewal options1/2
Notice dateSep 04, 2027
Year built1984
Building SF2,103
Land area (acres)0.76
Pre G&A CFC0.92x (2024)
Lease statusActive

Location Score Breakdown 47/100

AADT Traffic n/a
Highway Proximity 10/10
Gas Competition 1mi 15/15
3mi Population 0/12
3mi HH Income n/a
Pop Density 3mi 0/8
County Growth 2/7
County Unemp. 4/7
Dollar Stores 4/6
Daytime Jobs 3mi 0/10
EV Density Pen. 0/0
Thin Market Pen. 0/0

Trade-Area Demographics

Metric1 mi3 mi5 mi
Population007,556
Households002,629
Pop. density (/sq mi)0096
Avg HH income$56,912
Poverty rate15.8%
Bachelor's+ 10.1%
Median home value$100,478
Median rent$854
Median age36
Owner-occupied73.8%

Site & Market Detail

Traffic (AADT at site)
Daytime jobs (3 mi)223
Daytime jobs (1 mi)172
Gas competitors (0.5 mi)0
Gas competitors (1 mi)0
Gas competitors (3 mi)1
Gas competitors (5 mi)1
Nearest competing gas (mi)0.07
Nearest grocery/conv. alternative (mi)0.06
Dollar stores (0.5 mi)1
Highway distance (mi)0.08
EV stations (5 mi)0
CountySumter County
County pop. growth-0.7%
County unemployment5.2%
Walk score17
Bike score31
FEMA flood zoneX

Investment Highlights

  • Zero competing gas stations exist within one mile, providing the operator with a local fuel monopoly in an auto-dependent rural market.
  • The lease guarantor is GPM Investments, subsidiary of ARKO Corp., the sixth-largest U.S. convenience-store operator with roughly 3,500 locations across 34 states.
  • The site carries a FEMA Zone X designation, confirming minimal flood hazard and reducing environmental liability risk for a buyer.

Key Risks

  • Population within three miles is effectively zero, creating extreme demand fragility with no demographic cushion if the operator exits at lease end.
  • The lease expires in March 2028, leaving only 1.6 years of term and concentrating rollover risk in a rural market with very limited alternative tenant demand.
  • Daytime employment within three miles totals only 223 jobs, and five-mile household income of $56,912 combined with a 15.8% poverty rate suggests a structurally weak consumer spending base.

Executive Summary

120 W Clark St in Pinewood, SC is a 2,103 SF convenience store and gas station operated by Youngs under the Fas Mart brand, guaranteed by GPM Investments, LLC, a subsidiary of publicly traded ARKO Corp. The lease runs through March 2028, leaving approximately 1.6 years of term with one renewal option remaining. The location scores 47 out of 100 on a proprietary grade scale, reflecting a thin demand base, sparse demographics, and a rural, car-dependent trade area.

Demographics

Population within one and three miles is effectively zero, with meaningful density only emerging at the five-mile ring, where 7,556 residents are recorded at 96 persons per square mile. Average household income at five miles is $56,912, with a 15.8% poverty rate, indicating a modestly stressed consumer base. The demographic profile is thin and unlikely to support rent growth or alternative retail use without significant repositioning.

Market Context

Pinewood sits in Sumter County, a sub-250,000 metro that shed roughly 700 residents between 2020 and 2024, a decline of 0.7%. The county unemployment rate of 5.2% runs above most Southeast benchmarks, and the daytime employment base within three miles is only 223 jobs, reflecting a low-density, rural economic environment. Limited economic velocity constrains the site's long-term appreciation potential.

Location Quality

The site has a Walk Score of 17, confirming near-total auto dependency, and only one restaurant and three retail destinations within one mile. Proximity to a major road at 0.08 miles provides basic accessibility, and the absence of competing gas stations within one mile is a modest operational positive. Overall, the trade area lacks the density and amenity base typical of higher-conviction convenience retail locations.

Risk Factors

The property carries a FEMA Zone X designation, indicating minimal flood exposure, which removes a common environmental concern. No EV charging infrastructure exists within five miles, limiting near-term risk from fuel demand disruption but flagging a longer-term transition exposure. Crime data was unavailable for direct assessment, which introduces a minor underwriting gap.

Investment Positioning

With only 1.6 years of remaining term, a buyer faces near-term rollover risk. The rent at expiration is not disclosed, and there is no stated escalation benchmark to anchor renewal negotiations. The single remaining renewal option, with a notice deadline of September 2027, compresses the decision window quickly post-close. GPM Investments, backed by ARKO Corp., a Nasdaq-listed operator of approximately 3,500 sites, provides institutional-grade credit support, which is the primary underwriting anchor for this asset. A buyer is essentially acquiring a short-term income stream secured by a credible guarantor, then underwriting a renewal or vacancy scenario at a rural site with thin fundamentals.

Full institutional offering memorandum with all 143 property briefs, maps, and tax analysis.

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