519 Main N St New Ellenton, SC 29809-2521
This exceptional investment opportunity presents the fee simple ownership of two thriving, single-tenant convenience stores and gas stations operating under the Pops Mart Fuels brand in South Carolina. Located in New Ellenton (519 Main St N, 29809) and Barnwell (10354 Dunbarton Blvd, 29812), these properties boast a combined 4,960 square feet on 3.24 acres of land. The properties, built in 1992 and 2000 respectively, benefit from high visibility and strong traffic counts, serving as essential fuel and convenience hubs within their communities. Both locations are strategically positioned to capitalize on continued local population growth. The properties are offered as a portfolio with a combined Net Operating Income (NOI) of $669,902, representing a 6.50% cap rate on the $10,306,185 asking price. Each property features a long-term, absolute NNN lease with Pops Mart Fuels, a growing regional operator, extending through December 31, 2043, with a remaining term of approximately 19.1 years. The leases include annual rent escalations of 1.5%, providing built-in rental growth. Property #1 in New Ellenton comprises 2,160 square feet on 2.09 acres, while Property #2 in Barnwell offers 2,800 square feet on 1.15 acres. The lease structure includes options for renewal, with one 10-year option available. This portfolio offers a stable, passive income stream with significant upside potential, shielded from many macroeconomic fluctuations, and eligible for bonus depreciation. The properties are currently 100% occupied.
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Exxon Gas Station
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Rainbow Gas Garden Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.