GPM Disposition PortfolioLocation Intelligence & Lease Summary
GPM Disposition PortfolioLocation Intelligence & Lease Summary
1970 Camden Rd, Sumter, SC
| Tenant / d/b/a | Youngs |
| Guarantor | Fas Mart (GPM Investments) |
| Lease commencement | Mar 27, 2008 |
| Lease expiration | Mar 31, 2038 |
| Remaining term | 11.8 yrs |
| Lease term (months) | — |
| Annual base rent | $115,912 |
| Base rent $/SF | $61.56 |
| Rent at expiration | — |
| Expiration rent $/SF | — |
| Renewal options | 1/1 |
| Notice date | Sep 02, 2037 |
| Year built | 1980 |
| Building SF | 1,883 |
| Land area (acres) | 1.50 |
| Pre G&A CFC | 1.40x (2024) |
| Lease status | Active |
Sumter is home to Shaw Air Force Base (Air Force's largest combat F-16 wing; ~8,200 active-duty plus families), a major military demand 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 | 13,048 | 48,886 |
| Households | 0 | 5,321 | 18,708 |
| Pop. density (/sq mi) | 0 | 461 | 622 |
| Avg HH income | — | $62,635 | $79,269 |
| Poverty rate | — | 20.5% | 14.4% |
| Bachelor's+ | — | 27.0% | 30.5% |
| Median home value | — | $148,385 | $176,392 |
| Median rent | — | $992 | $1,131 |
| Median age | — | 34 | 35 |
| Owner-occupied | — | 38.0% | 62.0% |
1970 Camden Rd is a 1,883 SF convenience store and gas station occupied by Youngs/Fas Mart, a GPM Investments brand, on a 1.5-acre site in Sumter, SC. The asset carries an internal location grade of 50/100 (Average), reflecting modest traffic counts and a competitive fueling environment. The investment thesis rests primarily on lease duration and guarantor credit rather than location strength.
The immediate one-mile ring reports no measurable residential population, indicating the site draws from a commuter or pass-through base rather than a dense local catchment. The three-mile population of 13,048 carries a 20.5% poverty rate and average household income of $62,635, both of which are below institutional benchmarks for convenience retail. The five-mile ring expands to nearly 49,000 residents with average household income rising to $79,269, providing a broader but still modest demand base.
Sumter County is a small metro market with a shrinking population, down 0.7% from 2020 to 2024, and an unemployment rate of 5.2% that trails stronger Southeast markets. The county's 1,821 total establishments and 30,656 employees reflect a limited economic base. These fundamentals constrain long-term organic demand growth for convenience retail in this corridor.
AADT of 5,600 vehicles per day is low for a gas station investment, and proximity to a major road at 0.01 miles provides minimal differentiation given that context. Three competing gas stations within a half mile create meaningful fuel margin pressure. A Walk Score of 11 confirms the site is entirely auto-dependent with negligible ambient foot traffic.
The property is situated in FEMA Flood Zone X, indicating minimal flood exposure. No dollar or discount store anchors within a half mile reduces co-tenancy support for convenience traffic. Ten EV charging stations within five miles represent an emerging demand shift that could pressure fuel volumes over the back half of the lease term.
With 11.8 years of remaining term through March 2038 and one five-year renewal option, a buyer acquires meaningful near-term cash flow certainty. The lease does not disclose rent at expiration, limiting underwriting visibility on renewal economics. The guarantor, GPM Investments, is a subsidiary of Nasdaq-listed ARKO Corp., the sixth-largest U.S. convenience-store operator with roughly 3,500 locations, providing institutional-grade credit support that anchors the risk-adjusted return profile.
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