GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
7997 Forest Hills Rd, Loves Park, IL
| Tenant / d/b/a | Road Ranger |
| Guarantor | Fas Mart (GPM Investments) |
| Lease commencement | Dec 20, 2007 |
| Lease expiration | Dec 31, 2027 |
| Remaining term | 1.4 yrs |
| Lease term (months) | — |
| Annual base rent | $160,347 |
| Base rent $/SF | $47.26 |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | 1/6 |
| Notice date | Apr 01, 2027 |
| Year built | 2000 |
| Building SF | 3,393 |
| Land area (acres) | 0.53 |
| Pre G&A CFC | -0.07x (2024) |
| Lease status | Active |
| Metric | 1 mi | 3 mi | 5 mi |
|---|---|---|---|
| Population | 8,372 | 58,026 | 111,206 |
| Households | 3,662 | 23,931 | 46,469 |
| Pop. density (/sq mi) | 2,665 | 2,052 | 1,416 |
| Avg HH income | $81,514 | $91,213 | $91,474 |
| Poverty rate | 11.9% | 13.1% | 13.1% |
| Bachelor's+ | 18.2% | 27.5% | 29.9% |
| Median home value | $142,616 | $162,388 | $159,630 |
| Median rent | $1,073 | $1,117 | $1,124 |
| Median age | 40 | 41 | 42 |
| Owner-occupied | 60.8% | 70.9% | 68.3% |
This Road Ranger / Fas Mart convenience store in Loves Park, IL sits on a half-acre parcel with 1.4 years of lease term remaining, backed by GPM Investments as guarantor. The site scored 62/100, reflecting adequate but not exceptional fundamentals. Buyers are effectively acquiring a near-term rollover play with modest upside contingent on renewal execution.
The 3-mile trade area supports 58,026 residents with average household income of $91,213 and 70.9% owner occupancy, suggesting a stable, middle-income base. Poverty rates of 13.1% at 3 miles are modestly elevated. Population density of 2,052 per square mile is sufficient for a convenience format but not a high-density urban driver.
Winnebago County is a 250K-1M population metro exhibiting mild demographic erosion, with county population declining 0.4% from 2020 to 2024. Unemployment at 4.7% tracks near national norms, and 6,297 total business establishments reflect a functioning but not dynamic local economy. The Rockford MSA is a secondary Midwestern market with limited rent growth tailwinds.
Site traffic of 19,100 AADT is functional for a convenience store but not a high-volume arterial count. The Walk Score of 52 and Bike Score of 42 indicate auto-dependent access, appropriate for the format. Sixteen nearby restaurants within 1 mile signal modest retail activity, though only 9 nearby retail establishments limits cross-shopping density.
No FEMA flood exposure in Zone X eliminates a material environmental liability. State-level crime data was unavailable, limiting a full safety assessment. EV charging penetration of 7 stations within 5 miles is currently low but represents a secular headwind to fuel volume over the investment horizon.
With only 1.4 years of term remaining and a notice date of April 2027, a buyer faces immediate rollover risk. The single 6-year renewal option provides potential upside, but the near-term decision point compresses underwriting certainty. Current rent of $160,347 ($47.26/SF) cannot be benchmarked against an expiration figure, adding opacity. GPM Investments, a subsidiary of publicly traded ARKO Corp., the sixth-largest U.S. convenience operator with roughly 3,500 sites, provides meaningful credit quality, but short remaining term limits how much that credit story extends the investment thesis.
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