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 | 11.6 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% |
This net lease gas station and convenience store at 1970 Camden Rd, Sumter, SC is operated by Youngs/Fas Mart under a GPM Investments/ARKO Corp. guarantee with 11.6 years of remaining term. The site earns an average location grade of 50/100, reflecting modest traffic, limited density, and meaningful competitive pressure. The investment case rests primarily on lease duration and guarantor credit rather than location fundamentals.
The immediate one-mile trade area reports zero population, indicating the site sits in a commercial or transitional corridor. The three-mile ring captures 13,048 residents at a low density of 461 per square mile, with average household income of $62,635 and a 20.5% poverty rate that signals limited per-capita spending power. The five-mile population of 48,886 and average household income of $79,269 provide modest support but do not compensate for weak proximate demand.
Sumter County is a small metro market that has lost population since 2020, declining from 105,493 to 104,776 residents, and carries a 5.2% unemployment rate above most Sun Belt peers. The county supports 1,821 total establishments and 374 retail locations, indicating a functional but unspectacular commercial base. Flat-to-declining population trends reduce the probability of meaningful organic sales growth at this location.
Daily traffic of 5,600 vehicles is below the threshold institutional buyers typically seek for fuel-driven convenience retail, which generally starts around 15,000 AADT. A Walk Score of 11 confirms full auto dependency, and only three nearby restaurants and seven retail destinations within one mile limit cross-traffic synergies. The site's proximity of 0.01 miles to a major road is a positive but insufficient to offset the thin traffic count.
Three competing gas stations exist within half a mile and four within one mile, creating sustained pricing and volume pressure at the pump. The county is experiencing population contraction, which structurally limits trade area growth over the lease horizon. Poverty rate of 20.5% within three miles compresses discretionary in-store spending and constrains margin potential for the operator.
With 11.6 years remaining, the lease provides meaningful near-term cash flow stability. The absence of disclosed rent escalations and no stated rent at expiration limits visibility into long-term income growth, making current yield the primary return driver. The single five-year renewal option with a September 2037 notice date concentrates rollover risk at lease end. GPM Investments, guaranteed by publicly traded ARKO Corp., the sixth-largest U.S. convenience operator with roughly 3,500 locations, provides institutional-grade credit that partially offsets the site's below-average location score.
Full institutional offering memorandum with all 143 property briefs, maps, and tax analysis.
Download full OM (PDF)