GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
120 W Clark St, Pinewood, 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 | $112,862 |
| Base rent $/SF | $53.67 |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | 1/2 |
| Notice date | Sep 04, 2027 |
| Year built | 1984 |
| Building SF | 2,103 |
| Land area (acres) | 0.76 |
| Pre G&A CFC | 0.92x (2024) |
| Lease status | Active |
| Metric | 1 mi | 3 mi | 5 mi |
|---|---|---|---|
| Population | 0 | 0 | 7,556 |
| Households | 0 | 0 | 2,629 |
| Pop. density (/sq mi) | 0 | 0 | 96 |
| Avg HH income | — | — | $56,912 |
| Poverty rate | — | — | 15.8% |
| Bachelor's+ | — | — | 10.1% |
| Median home value | — | — | $100,478 |
| Median rent | — | — | $854 |
| Median age | — | — | 36 |
| Owner-occupied | — | — | 73.8% |
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, with 1.8 years of lease term remaining and a location grade of 25 out of 100. The site sits in a deeply rural, low-density trade area with negligible near-field population and limited economic activity, making this a credit-dependent, short-lease transaction rather than a location-driven one.
The 1-mile and 3-mile rings register zero reported population, reflecting an extremely sparse rural setting with no meaningful consumer base at immediate proximity. The 5-mile population of 7,556 at a density of 96 persons per square mile is thin by any institutional standard, with average household income of $56,912 and a poverty rate of 15.8 percent — both indicators of constrained consumer spending capacity.
Sumter County is a sub-250K metro market with a declining population trend, down 0.7 percent from 2020 to 2024, and an unemployment rate of 5.2 percent, above most healthy suburban benchmarks. With only 1,821 total establishments and 30,656 employees countywide, the local economy offers limited growth catalysts for retail demand. Daytime employment within 3 miles totals just 223 jobs, underscoring the site's isolation from any meaningful workforce concentration.
The site scores a Walk Score of 17, consistent with its car-dependent rural character, and has only one restaurant and three retail tenants within one mile. Proximity of 0.08 miles to a major road provides some accessibility, and the absence of competing gas stations within one mile is a modest positive, though this likely reflects demand scarcity rather than a defensible competitive moat.
The FEMA flood designation is Zone X, indicating minimal flood exposure. State-level crime data is unavailable, limiting underwriting visibility on that dimension. No EV charging infrastructure exists within five miles, which reduces near-term displacement risk but also signals limited market investment in the corridor.
With only 1.8 years remaining, lease rollover in March 2028 is the central underwriting event. Rent at expiration is not disclosed, and the current rate of $53.67 per SF provides no forward rent clarity. The single renewal option with a September 2027 notice date compresses the decision window significantly. GPM Investments, as a subsidiary of Nasdaq-listed ARKO Corp., the sixth-largest U.S. convenience-store operator, provides meaningful credit quality, but ARKO has faced margin pressure publicly, and tenants with weak-graded sites are logical candidates for non-renewal rationalization.
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