Refuel

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Price:

CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

$6,400,000

6.25%

400,000

2025

4,815

3.53 acres

Absolute NNN Lease – Zero Landlord Responsibilities: This property features an absolute NNN lease structure, leaving the landlord with no maintenance, insurance, or tax obligations, offering a truly passive investment.

Long-Term Corporate Lease: The 20 year initial lease term includes an additional 20 years in option periods, providing long-term income security and cash flow stability.

Built-In Rent Growth: Scheduled 10% rent increases every five years ensure reliable and growing income, helping to hedge against inflation over the hold period.

Strong Corporate Tenant: Refuel Operating Company, LLC. is a well established operator with a strong track record and over $1.25 billion in annual revenue. Backed by experienced leadership and a significant and expanding footprint, Refuel is a leader in the industry.

Rapidly Growing Brand: Refuel operates more than 240 locations and continues to expand rapidly across the Southeast, driven by increasing demand for accessible and dependable fuel and convenience services.

Strategic Location in a High-Growth Market: Just south of Downtown San Antonio, ranked the 4th fastest growing U.S. city in 2024, this property is positioned to benefit from the projected 50% population growth within a 5-mile radius by 2029.

Potential Bonus Depreciation: The asset may qualify for bonus depreciation, allowing investors to accelerate tax deductions and potentially increase after-tax cash flow (buyers should consult their tax advisor for details and eligibility 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:

3.53 Acres

Year Built:

2025

Buildings:

1

Stories:

1

Investment Summary

CAP Rate:

6.25%

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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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