4584 Us-17 Byp - Convenience Store FOR SALE


Murrells Inlet, SC 29576
$3,000,000 USD
864-235-6855
4584 Us-17 Byp, Murrells Inlet, SC for Sale
$3,000,000 USD
Convenience Store - FOR SALE
1/11
null | 6% Cap Rate

4584 Us-17 Byp
Murrells Inlet, SC 29576


OVERVIEW

Zero Landlord Responsibilities: The absolute net lease structure offers a landlord the benefit of zero management responsibilities and consistent cash flow, as the tenant bears the burden of all expenses, including property taxes, insurance, and maintenance costs Long Lease Term: The lengthy 20-year corporate guaranteed initial lease term, plus an additional 20-years in option periods, offers investors a long-term cash flow haven Attractive Rent Increases: With 10% rent increases every 5 years, this investment provides stable and growing cash flow to hedge against inflation Strong Tenant/Guarantor: As Tenant, Refuel Operating Company, LLC boasts extremely robust revenues of more than $1.25 Billion thus providing a landlord with investment security Brand Recognition: Refuel Gas Stations, with its impressive network of 230+ locations, has experienced rapid growth since 2019, catering to the increasing demand for convenient and reliable fueling options, while continually expanding its reach to serve more customers across the Southeast Strong Population Density & HHI’s: With strong average household incomes of $99,537 within 3-miles, this property is ideally located to serve its stable customer base as well as the large influx of annual visitors Ideally Located: Located directly on the 60-mile Grand Strand of Myrtle Beach (±43,400 VPD), one of the country’s major tourist destinations with ±18 million annual visitors, Murrells Inlet is one of the most sought after vacation home markets in the Southeast Bonus Depreciation: By qualifying for bonus depreciation, the property may provide buyer with the potential to accelerate tax deductions and increase cash flow, offering significant financial advantages (buyers should consult a tax professional for advice and not depend solely on this information)

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,172 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Refuel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

41-0119-023-02-00

ASK ABOUT THIS PROPERTY

Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.