Property summary
This exceptional investment opportunity presents a 2,604 square foot Marathon gas station and convenience store located at 1321 Wilson Rd, Newberry, SC 29108. The property boasts a highly desirable absolute NNN lease with a corporate guarantee from Marathon Petroleum Company, a publicly traded company with a vast network of retail outlets. The lease commenced December 17, 2022, and has a remaining term of approximately 18.1 years, with annual 3% rent bumps and four 5-year renewal options. The property sits on a 0.66-acre lot at a key intersection (Highway 76 and 34), benefiting from high visibility and traffic flow. The strong tenant and long-term lease provide exceptional stability and predictable cash flow, with a current NOI of $56,831 and a 7.00% cap rate. The property's location is further enhanced by its proximity to major employers such as Kraft Heinz Foods, Newberry County School District, Newberry County Memorial Hospital, and Georgia Pacific, as well as numerous apartment complexes and educational institutions including Piedmont Technical College and Newberry College. Nearby national retailers include McDonald's, Starbucks, Dunkin' Donuts, Hardee's, CVS, Popeye's, and Pizza Hut, indicating a thriving local economy. The asking price is $811,871, representing a price per square foot of $311.78. This is a fee-simple ownership opportunity with significant long-term potential.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
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Atm
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Gas Station
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Crypto Atm Atm
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Gas Station
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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