This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Marathon Net Leased Gas Station 1321 Wilson Rd
2,604 SF Retail Building Newberry, SC 29108 $811,871 ($312/SF) 7% Cap Rate
Investment Highlights
- 2,604 Square Foot Marathon Gas Station Located in Newberry, South Carolina (Population 10,585) Conveniently Located at The Corner of highway 76 and 34
- Nearby Tenants Include McDonalds, Starbucks, Dunkin Donuts, Hardees, CVS, Popeye’s and Pizza Hut
- Major Employers in Newberry Include Kraft Heinz Foods, Newberry County School District, Georgia Pacific and Newberry County Memorial Hospital
Executive Summary
Numerous apartment complexes surround this Marathon Gas Station including Regency Woods Apartments with 40 Rented Units, Indian Land Apartments with 53 Rented Units, Brookside Manor with 42 Rented Units, Newberry Senior Housing and Oakland Mill Apartments.
Also nearby this Marathon Property is Piedmont Technical College with 5,315 enrolled students and Newberry College with 1,237 enrolled students.
Nearby tenants include McDonald’s, Starbucks, Dunkin Donuts, Hardees, CVS, Popeye’s and Pizza Hut.
Marathon Petroleum Company was founded in 1887 when small oil companies banded together to form The Ohio Oil Company which evolved into Marathon Petroleum. Today Marathon is a publicly traded company with 6,900 independently owned retail outlets and 1,100 direct dealer locations and the company is headquartered in Findlay, Ohio.
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- 2,604 SF
- -
- Triple Net
- Dec 2042
Marathon Petroleum Corporation is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation’s largest refining system with more than 3 million barrels per day of crude oil capacity across 16 refineries. Marathon Petroleum's marketing system includes branded locations across the United States, including Marathon branded outlets. Speedway LLC, a Marathon Petroleum subsidiary, owns and operates retail convenience stores across the United States. Marathon Petroleum also owns the general partner and majority limited partner interests in two midstream companies, MPLX LP and Andeavor Logistics LP, which own and operate gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 2,604 SF | - | Triple Net | Dec 2042 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 342-2-7-23 | Improvements Assessment | $15,432 |
| Land Assessment | $16,068 | Total Assessment | $31,500 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Presented by
Marathon Net Leased Gas Station | 1321 Wilson Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.