GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
1125 E Main St, Kingstree, SC
| Tenant / d/b/a | Youngs |
| Guarantor | Fas Mart (GPM Investments) |
| Lease commencement | Mar 27, 2008 |
| Lease expiration | Feb 28, 2026 |
| Remaining term | -0.4 yrs |
| Lease term (months) | — |
| Annual base rent | $72,598 |
| Base rent $/SF | $38.64 |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | 1/2 |
| Notice date | Aug 02, 2025 |
| Year built | 1975 |
| Building SF | 1,879 |
| Land area (acres) | 0.70 |
| Pre G&A CFC | -0.11x (2024) |
| Lease status | SUBLEASED |
| Operating tenant | 1125 E Main St |
| Metric | 1 mi | 3 mi | 5 mi |
|---|---|---|---|
| Population | 0 | 0 | 4,064 |
| Households | 0 | 0 | 1,609 |
| Pop. density (/sq mi) | 0 | 0 | 52 |
| Avg HH income | — | — | $46,473 |
| Poverty rate | — | — | 26.1% |
| Bachelor's+ | — | — | 14.9% |
| Median home value | — | — | $80,300 |
| Median rent | — | — | $652 |
| Median age | — | — | 42 |
| Owner-occupied | — | — | 69.4% |
This single-tenant gas station and convenience store, operated by Youngs under the Fas Mart brand (GPM Investments/ARKO Corp.), sits on 0.70 acres at 1125 E Main St in Kingstree, SC. The lease has expired and is in holdover status, generating $72,598 in annual base rent, with a scored location grade of 32 out of 100. The asset presents a high-risk, short-horizon investment requiring immediate lease resolution and tenant commitment to justify acquisition.
The trade area is sparsely populated, with only 4,064 residents within five miles at a density of 52 per square mile, average household income of $46,473, and a poverty rate of 26.1%. Demographic data within one and three miles is unavailable, suggesting a fragmented or underdeveloped coverage area rather than a dense retail node. These fundamentals are materially below thresholds institutional buyers typically require for gas station net lease underwriting.
Kingstree anchors Williamsburg County, a nonmetro market that lost 3.4% of its population between 2020 and 2024, with unemployment at 6.1% against a thin commercial base of 473 total establishments and 6,547 employees. The retail sector is limited at 109 establishments, and the broader economic trajectory is contracting rather than stabilizing. Site-level traffic of 5,000 AADT is low for a convenience fuel stop and compounds the demand concerns.
The site sits 0.01 miles from a major road but draws only 5,000 vehicles per day, a figure that limits fuel volume and in-store sales potential. Seven competing gas stations within one mile create meaningful market saturation for a trade area this small. With a Walk Score of 32 and no transit access, the location is fully auto-dependent with no ambient foot traffic.
FEMA designates the site Zone X, indicating minimal flood exposure. State-level crime data was not available for this analysis. No EV charging infrastructure exists within five miles, which currently represents a neutral factor but warrants monitoring as mobility trends evolve.
The lease expired February 28, 2026, and is in holdover, creating immediate rollover risk with no contractual income certainty beyond month-to-month. The renewal notice date of August 2, 2025 has passed, making tenant intention the central underwriting question. Current rent of $72,598 ($38.64/SF) lacks a disclosed expiration-period comparison, limiting mark-to-market analysis. GPM Investments, a subsidiary of Nasdaq-listed ARKO Corp., the sixth-largest U.S. convenience operator with roughly 3,500 locations, provides institutional-quality credit behind the lease, which is the primary mitigant. A buyer is effectively acquiring tenant credit exposure in a holdover structure within a declining, low-density market.
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