Pops Mart Fuels Portfolio 2 Retail Properties Offered at $9,641,806 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Stabilized, net leased portfolio comprising long-term, passive leases with annual rent growth to provide a truly passive income for new ownership.
- Each site's surrounding area is growing, leading to higher traffic volumes and consumer demand, along with supporting long-term business viability.
- Benefit from Bonus Depreciation eligibility.
- Strong guarantee from leading operator as a nationally recognized fuel brand/operator with a solid financial track record & reputation, reducing risk.
- Growing industry insulated from macroeconomic changes as the fuel & convenience store sector has historically shown resilience during economic cycles.
- No Early Termination or Kick-Out Clause.
EXECUTIVE SUMMARY
Pops Mart Fuels Portfolio offers an exceptional investment opportunity to acquire the fee simple interest in the land and buildings of two single-tenant retail gas station facilities in South Carolina, operated under the Pops Mart Fuels brand. Properties are available to purchase individually or as a portfolio.
Prominently positioned within well-traversed commercial corridors, each property provides excellent visibility and ease of access to and from the site. 519 Main Street in New Ellenton sits on 2.09 acres with a 2,160-square-foot building, while 10354 Dunbarton Boulevard in Barnwell spans 1.15 acres, improved by a 2,800-square-foot building. Both facilities are strategically situated to capture traffic from key regional thoroughfares, serving as essential fuel and convenience hubs for their communities. The locations are ideally placed to benefit from continued local population growth and high visibility from passing motorists, further bolstered by a dedicated customer base.
Pops Mart Fuels, a growing fuel retailer with an established presence in the Southeast US region, fully occupies both properties. Pops Mart operates approximately 45 locations and has demonstrated consistent sales growth. Investors will benefit from reliable cash flows supported by robust reported fuel and convenience store sales and a growing convenience store chain’s stability. Each property comprises long-term, absolute NNN leases that extend through 2043, ensuring stable and predictable income streams. Additionally, the lease structure includes annual rent escalations of 1.5%, providing investors with built-in rental growth. Rent for 519 Main Street starts at $294,922 annually, while 10354 Dunbarton Boulevard generates $380,005 annually for a portfolio total rent of $674,927 annually.
Pops Mart Fuels Portfolio is primed to offer an ideal investment opportunity with stable income potential supported by strategic placement along significant thoroughfares, consistent sales growth, and strong local demand.
Prominently positioned within well-traversed commercial corridors, each property provides excellent visibility and ease of access to and from the site. 519 Main Street in New Ellenton sits on 2.09 acres with a 2,160-square-foot building, while 10354 Dunbarton Boulevard in Barnwell spans 1.15 acres, improved by a 2,800-square-foot building. Both facilities are strategically situated to capture traffic from key regional thoroughfares, serving as essential fuel and convenience hubs for their communities. The locations are ideally placed to benefit from continued local population growth and high visibility from passing motorists, further bolstered by a dedicated customer base.
Pops Mart Fuels, a growing fuel retailer with an established presence in the Southeast US region, fully occupies both properties. Pops Mart operates approximately 45 locations and has demonstrated consistent sales growth. Investors will benefit from reliable cash flows supported by robust reported fuel and convenience store sales and a growing convenience store chain’s stability. Each property comprises long-term, absolute NNN leases that extend through 2043, ensuring stable and predictable income streams. Additionally, the lease structure includes annual rent escalations of 1.5%, providing investors with built-in rental growth. Rent for 519 Main Street starts at $294,922 annually, while 10354 Dunbarton Boulevard generates $380,005 annually for a portfolio total rent of $674,927 annually.
Pops Mart Fuels Portfolio is primed to offer an ideal investment opportunity with stable income potential supported by strategic placement along significant thoroughfares, consistent sales growth, and strong local demand.
SALE FLYER
PROPERTY FACTS
| Price | $9,641,806 |
| Price / SF | $1,944 / SF |
| Cap Rate | 7% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 4,960 SF |
| Total Land Area | 3.24 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Exxon
519 Main St N, New Ellenton, SC 29809 |
Retail | 2,160 SF | 1992 | $4,213,165 |
| 10354 Dunbarton Blvd, Barnwell, SC 29812 | Retail | 2,800 SF | 2000 | $5,428,641 |
SALE ADVISORS
SALE ADVISORS
Scott Briggs, Senior Vice President
(918) 794-9787
Contact
Scott Briggs is a Senior Vice President in Northmarq’s Tulsa, Oklahoma office. Briggs leads an expert team of six highly qualified professionals specializing in the disposition, acquisition, and capitalization of all types of net lease properties nationwide. Briggs spearheads Northmarq’s largest government-leased, medical, office, and industrial practice groups and with his team has built a sizeable track record in these spaces. Prior to Northmarq, Briggs was Senior Director and Partner in Stan Johnson Company’s Tulsa headquarters. In over a decade and a half of service, Briggs has been involved with more than $2.7 Billion worth of investment sales including 410+ transactions spanning 40 states – including sale-leaseback, large portfolios, and other structured transactions. Briggs’ notable transactions include the $39.5 Million UnitedHealth Group-leased multi-specialty practice clinic in Covina, California, the $20.5 Million sale-leaseback of a private credit aluminum billet casting facility in Bluffton, Indiana, the $29.5 Million Veterans Affairs-leased primary care clinic in Tampa, Florida, and the $31.3 Million sale of a GSA-leased office facility in El Segundo, California.
Briggs and his team are actively representing corporate users, institutional, private equity, and high net worth investors on a diverse mix of property types including industrial, office, retail, and medical. Briggs approaches every opportunity as an opportunity to provide value and afford the opportunity to leverage the collective expertise of his team to a client’s benefits. Relying on his legal and financial background, Briggs' core proficiencies lie in his deep understanding of the overall investment market, escrow management processes, negotiation, innovative brokerage strategies, client-centric work ethic, and appreciation of the inherent subtleties of investments sales transactions.
Briggs and his team are actively representing corporate users, institutional, private equity, and high net worth investors on a diverse mix of property types including industrial, office, retail, and medical. Briggs approaches every opportunity as an opportunity to provide value and afford the opportunity to leverage the collective expertise of his team to a client’s benefits. Relying on his legal and financial background, Briggs' core proficiencies lie in his deep understanding of the overall investment market, escrow management processes, negotiation, innovative brokerage strategies, client-centric work ethic, and appreciation of the inherent subtleties of investments sales transactions.
