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Pops Mart Fuels Portfolio

2 Retail Properties Offered at $10,306,185 in Multiple Locations

Investment Highlights

  • Long-Term, Passive Leases with Annual Rent Growth.
  • Strong Guarantee from Leading Operator.
  • The surrounding areas are growing.
  • No Early Termination or Kick-Out Clause.
  • Growing Industry Insulated from Macroeconomic Changes.
  • Eligible for Bonus Depreciation.

Executive Summary

Northmarq is pleased to offer for sale to qualified investors the 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. The Properties are available to purchase individually or as a portfolio.
The Properties include two prime locations: Property #1, New Ellenton, sits on 2.09 acres with a 2,160-square-foot building, while Property #2, Barnwell, spans 1.15 acres with a 2,800-square-foot building. Both facilities are strategically situated to capture high 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.
The tenant for both Properties is Pops Mart Fuels, a growing fuel retailer with an established presence in the Southeast U.S. region. Pops Mart operates approximately 45 locations and has demonstrated consistent sales growth. Both Properties benefit from 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 Property #1 starts at $292,726 annually, while Property #2 generates $377,176 annually, for a portfolio total rent of $669,902 annually.
In association with: Jason Powell - SC Lic. #109390

Property Facts

Price $10,306,185
Price / SF $1,911 / SF
Cap Rate 6.50%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,392 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 2,592 SF 1992 -
10354 Dunbarton Blvd, Barnwell, SC 29812 Retail 2,800 SF 2000 -
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  • Listing ID: 33461409

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: Pops Mart Fuels Portfolio, New Ellenton, SC

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