Refuel

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Price:

CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

$3,000,000

6.00%

180,000

2004 | 2022

3,084

1.00 acres

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 more information:

Robert Schmidt, CCIM
Director & Shareholder
(864) 678-5995
Peter Couchell, CCIM
Managing Director & Shareholder
(864) 678-5923
Lawrence Myers
Associate
864-313-2817

Property Summary

Property Type:

Retail

Lot Size:

1.00 Acres

Year Built:

2004 | 2022

Buildings:

1

Stories:

1

Investment Summary

CAP Rate:

6.00%

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Confidentiality Agreement Form


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Confidentiality Agreement
This Confidentiality Agreement will confirm the mutual understandings of the Undersigned and Owner of Record in connection with NAI Earle Furman, LLC, dba Furman Capital Advisors, LLC and its client (hereinafter referred to as "Protected Parties") providing proprietary information on the requested property (hereinafter called the “Property”) to the Undersigned:

“Information” means all data, reports, records, materials, lease expirations, lease rates or other lease information obtained from Furman Capital Advisors, LLC which is not in the public domain. Information is not meant to include information which: a) at the time of the disclosure is in the public domain; b) after disclosure becomes part of the public domain through no act or omission by the undersigned; c) as shown by written records was prior to disclosure in the possession of the undersigned; d) is rightfully received by the undersigned from third parties who were entitled to receive such information; or e) is obligated to be disclosed pursuant to applicable law, regulation or legal process.

The information is being furnished solely in connection with the consideration of a potential transaction involving the undersigned and shall be treated as “secret” and “confidential” and no portion of it shall be disclosed to others, except to those employees, agents, clients, and customers of the undersigned whose knowledge of the Information is required for use to evaluate that certain real estate as a potential acquisition and who shall assume the same obligations as the undersigned under this Agreement.

It is understood that the Protected Parties are the beneficiaries whose rights are being protected and may enforce the terms of this Confidentiality Agreement as if they were a party to the Agreement.

All information furnished shall be promptly returned or destroyed should there be no interest in that certain real estate acquisition, or otherwise disposed of as directed by the Protected Parties.

It is understood that the Protected Parties makes no representations or warranty as to the completeness or accuracy as to any information.

It is understood that by furnishing this information that the Protected Parties are not agreeing to enter into a transaction regarding the property.

By electronically signing, you represent and warrant to the other parties that (a) You have read, understand and consent to the agreement (“Agreement), (b) all information that you provide is complete and accurate, and (c) you own or have all rights and authority necessary to enter into and perform under the Agreement.

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