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 | 1.6 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 net lease convenience store and gas station at 2264 Peach Orchard Road in Sumter, SC is a short-duration income play backed by a publicly traded guarantor in a secondary market with modest fundamentals. The property earns an average location grade of 42/100, reflecting low traffic counts, dense competition, and limited population density at the immediate site level. Buyers should underwrite this as a near-term rollover situation with renewal optionality, not a long-term stabilized hold.
The 1-mile trade area reports zero residential population, indicating the site sits in a commercial or transitional corridor with no meaningful immediate consumer base. The 3-mile ring shows 11,392 residents at a low density of 403 per square mile, with average household income of $78,911 and a poverty rate of 10.7%, suggesting moderate but not robust consumer spending power. The 5-mile population of 19,913 at $74,773 average household income confirms a thin, price-sensitive demand profile.
Sumter County is a small metro market that has experienced mild population contraction, declining from 105,493 in 2020 to 104,776 in 2024, a negative trend for long-term retail demand. The county unemployment rate of 5.2% sits above typical Sun Belt benchmarks, and the 1,821 total business establishments signal a limited economic base. Daytime employment within 3 miles totals just 2,042 jobs, providing modest captive demand for fuel and convenience purchases.
Traffic at the site is critically low at 1,750 AADT, a figure that is well below institutional thresholds for viable gas station performance. Six competing gas stations exist within a half-mile radius, creating intense local saturation relative to the available demand. The Walk Score of 31 and Bike Score of 31 confirm full car dependence with no alternative patronage channels.
The FEMA flood designation is Zone X, indicating minimal flood exposure, which is a positive environmental baseline for the asset. State-level crime data is not available, limiting the ability to fully assess security risk at this location. The 1978 construction year introduces potential deferred capital expenditure risk, particularly relevant given fuel system infrastructure age.
With only 1.6 years of remaining term and a renewal notice deadline of September 2027, a buyer acquires minimal rent certainty and near-immediate rollover exposure. Current rent of $129,334 annually provides no visibility into post-expiration economics, as rent at expiration is undisclosed. GPM Investments, a subsidiary of Nasdaq-listed ARKO Corp. and the sixth-largest U.S. convenience operator, provides meaningful credit quality during the remaining term, but that guarantee does not mitigate the structural rollover risk. One renewal option exists, but optionality favors the tenant, not the buyer.
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