301 E Charlotte Ave
Sumter, SC 29150
GPM Investments/Youngs' s C-Store · Retail Property For Sale

The tenant signed a 23 year NNN lease in March of 2008 that offers two percent annual rent increases. The lease offers an additional ten year option to renew, followed by a seven year renewal option, both with annual rent increases. Under the lease, the tenant is responsible for the payment of all taxes, insurance and CAM on the property, including the roof and structure. The lease is guaranteed by GPM Investments, LLC, which is one of the largest privately owned C-Store operators in the U.S. with over 800 locations nationwide and a net worth exceeding $128M. They operate this particular location under the BP gas brand and as a Young' s Food Store. Atlanta Real Estate Group is pleased to present this freestanding Young' s C-Store located in Sumter, Sumter County, South Carolina. Sumter is lcoated in central South Carolina about an hour east of the state capital of Columbia and 90 miles west from the Atlantic Coast. This highly visible store is located at the intersection of East Charlotte Avenue and North LaFayette Drive and is directly next to Croswell Drive Elementary School and less than ten miles from Shaw Air Force Base.