GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
506 Talcottville Rd, Vernon, CT
| Tenant / d/b/a | |
| Guarantor | |
| Lease commencement | |
| Lease expiration | |
| Remaining term | — |
| Lease term (months) | — |
| Annual base rent | — |
| Base rent $/SF | — |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | |
| Notice date | |
| Year built | |
| Building SF | — |
| Land area (acres) | — |
| Pre G&A CFC | -0.77x (2023) |
| Lease status | Active |
| Metric | 1 mi | 3 mi | 5 mi |
|---|---|---|---|
| Population | 11,529 | 41,622 | 74,308 |
| Households | 5,414 | 18,008 | 31,069 |
| Pop. density (/sq mi) | 3,670 | 1,472 | 946 |
| Avg HH income | $98,338 | $118,984 | $121,363 |
| Poverty rate | 11.5% | 9.2% | 8.1% |
| Bachelor's+ | 34.8% | 40.5% | 43.7% |
| Median home value | $241,403 | $287,002 | $280,323 |
| Median rent | $1,536 | $1,415 | $1,496 |
| Median age | 42 | 40 | 41 |
| Owner-occupied | 57.0% | 58.6% | 67.0% |
506 Talcottville Rd is a FasMart-branded convenience store and gas station in Vernon, CT, guaranteed by GPM Investments, LLC, a subsidiary of ARKO Corp. (Nasdaq: ARKO), the sixth-largest U.S. c-store operator with roughly 3,500 locations across 34 states. The site earns a location grade of 70 out of 100, reflecting solid suburban demographics and strong road proximity tempered by meaningful competitive density and limited traffic data transparency.
The immediate trade area is well-populated, with 11,529 residents within one mile at a density of 3,670 per square mile and average household income of $98,338. The three-mile ring broadens to 41,622 residents with average household income rising to $118,984, a bachelor's degree attainment rate of 40.5%, and a median home value of $287,002, indicating a stable, middle-to-upper-middle-class suburban consumer base. Poverty rates are modest at 9.2% within three miles, supporting consistent fuel and convenience spending.
Vernon sits within the Capitol Planning Region, a metro area exceeding one million in population that added roughly 27,400 residents between 2020 and 2024, a 2.8% gain. The county unemployment rate of 3.1% and a base of 457,173 employees across 23,773 establishments reflect a functioning regional economy with adequate consumer demand. The presence of 2,196 food service establishments underscores an active retail corridor environment consistent with convenience retail viability.
The site is positioned 0.01 miles from a major road, providing essentially direct arterial access, and the surrounding one-mile radius includes 16 restaurants and 13 retail tenants, signaling a functioning commercial node. A Walk Score of 61 confirms meaningful pedestrian activity for a suburban format. The daytime employment base of 11,000 workers within three miles provides a commuter-driven demand layer that supports morning and afternoon fuel and grab-and-go traffic.
Lease economics, remaining term, and renewal structure are undisclosed, which prevents any credible assessment of income duration or rollover exposure. Four competing gas stations within one mile, including two within a half mile, create direct pricing and volume pressure on fuel margins. The day-to-night population ratio of 0.10 suggests the area skews toward residential nighttime use, which may limit peak daytime convenience traffic relative to employment-dense locations.
The absence of lease term, rent, and option data is a material underwriting gap that buyers must resolve before pricing this asset. The guarantor credit is the deal's clearest anchor: GPM Investments backs the obligation as a subsidiary of publicly traded ARKO Corp., an SEC-reporting operator of scale, which provides institutional-grade covenant quality. Until lease economics are disclosed, investors should treat this as a credit-tenant story with unquantified income risk.
Full institutional offering memorandum with all 143 property briefs, maps, and tax analysis.
Download full OM (PDF)