GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
1506 Jefferson Davis Hwy, Camden, SC
| Tenant / d/b/a | Youngs |
| Guarantor | Fas Mart (GPM Investments) |
| Lease commencement | Mar 27, 2008 |
| Lease expiration | Mar 31, 2031 |
| Remaining term | 4.8 yrs |
| Lease term (months) | — |
| Annual base rent | $93,340 |
| Base rent $/SF | $39.17 |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | 1/2 |
| Notice date | Sep 03, 2030 |
| Year built | 1967 |
| Building SF | 2,383 |
| Land area (acres) | 1.15 |
| Pre G&A CFC | 2.19x (2024) |
| Lease status | Active |
Camden is the "Steeplechase Capital of the World," host of the Carolina Cup and Colonial Cup races, drawing large equestrian-event crowds beyond the resident 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 | 11,453 | 16,688 |
| Households | 0 | 4,563 | 6,896 |
| Pop. density (/sq mi) | 0 | 405 | 212 |
| Avg HH income | — | $101,150 | $100,060 |
| Poverty rate | — | 17.5% | 16.3% |
| Bachelor's+ | — | 24.9% | 30.0% |
| Median home value | — | $193,025 | $214,380 |
| Median rent | — | $912 | $874 |
| Median age | — | 39 | 44 |
| Owner-occupied | — | 71.8% | 74.9% |
This net lease convenience store and gas station at 1506 Jefferson Davis Hwy, Camden, SC is occupied by Youngs/Fas Mart, a GPM Investments brand, with 4.8 years of remaining term and a corporate guarantee backed by ARKO Corp. (Nasdaq: ARKO), the sixth-largest U.S. c-store operator. The property scores 55 out of 100 on location grade, reflecting modest but not disqualifying fundamentals in a secondary South Carolina market. Investors should underwrite this as a short-to-medium duration income play with meaningful rollover risk at expiration.
The immediate one-mile trade area reports zero population, indicating the site sits in a commercial or transitional corridor with no residential density at close range. The three-mile ring captures 11,453 residents at a low density of 405 per square mile, with average household income of $101,150 and a poverty rate of 17.5 percent, signaling a bifurcated income base. The five-mile population of 16,688 and similar income metrics confirm a thin but functional convenience demand catchment.
Kershaw County has grown 9.3 percent from 2020 to 2024, reaching 71,698 residents, with unemployment at 3.8 percent and a total employed base of 14,254 across 1,182 establishments. Retail and food service activity is limited, with 212 retail establishments and 87 food service operators countywide. The market is classified as a 250K-to-1M metro, offering modest but stable economic underpinning for a convenience operator.
Traffic exposure is thin at 2,200 vehicles per day, materially below the threshold most institutional buyers target for a fuel-anchored convenience site. The Walk Score of 21 confirms near-total auto dependency, which is standard for the format but limits organic foot traffic diversification. Ten restaurants and eleven retail locations within one mile provide modest co-tenancy without signifying a high-velocity retail node.
Flood exposure is minimal under FEMA Zone X designation, presenting no material environmental liability from that vector. Four competing gas stations within one mile and two within a half mile create a saturated immediate competitive environment that pressures both fuel volume and in-store conversion. The 1967 construction vintage introduces potential capital expenditure requirements that buyers must diligence carefully.
With 4.8 years remaining and one renewal option carrying a September 2030 notice deadline, a buyer faces near-term rollover risk in a thin trade area with limited re-tenanting optionality. Current rent of $93,340 annually provides no rent-at-expiration escalation data to underwrite, adding uncertainty to hold-period return assumptions. GPM Investments as guarantor, backed by ARKO Corp.'s publicly traded, SEC-reporting balance sheet and roughly 3,500-site platform, provides meaningful credit support that partially offsets site-level concerns.
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