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)