18
OFFERING MEMORANDUM SUMTER SOUTH CAROLINA Young’s C-Store

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OFFERING MEMORANDUM

SUMTER SOUTH CAROLINA

Young’s C-Store

CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

SPECIAL COVID-19 NOTICEAll potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.

NON-ENDORSEMENT NOTICEMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.

Young’s C-Store

Fort Pulaski NM

Congaree Swamp NM

Ninety Six NHS

Cowpens NB Kings Mountain NMP

Carl Sandburg Home NHS

Great SmokyMountains NP

Andrews

Bamberg

Calhoun Falls

Clover

Edgefield

Fairfax

Fountain Inn

Great Falls

Hampton

Kingstree

Landrum

Loris

Lugoff

Manning

Moncks Corner

Murrells Inlet

Pageland

Pendleton

Springdale

Springfield

St. Matthews

Walhalla

Whitmire

Williston

Winnsboro

Barnwell

Beaufort

BeltonBennettsville

Brookdale

Chester

Darlington

DillonHartsville

Lake City

Mullins

Newberry

Parris Island

Walterboro

York

Benson

Fairmont

Franklin

Maxton

Mount OlivePinehurst

Raeford

Rutherfordton

Southport

Tabor City

Wingate

Brevard

Clinton

Dunn

Hope MillsRockingham

Waynesville

Whiteville

Claxton

Commerce

Eatonton

Gordon

Hartwell

Louisville

Madison

McRae

Metter

Millen

Reidsville

Soperton

Sylvania

Wadley

Washington

Wrens

Wrightsville

Cochran

Eastman

Swainsboro

Waynesboro

Okatie

Anderson

Florence

Rock HillSpartanburg

Aiken

Berea

CayceConway

Easley

Gaffney

Georgetown

Goose Creek

Greenwood

Hilton Head Island

Ladson

Laurens

Mount Pleasant

Myrtle Beach

Orangeburg

Seven Oaks

Sumter

Union

Wade Hampton

Gastonia

AlbemarleConcord

Laurinburg

Lumberton

Monroe

North Belmont

Sanford

Shelby

Athens

Augusta

Dublin

Martinez

Milledgeville

Statesboro

Vidalia

Simpsonville

Charleston

Greenville

North Charleston

Fayetteville

Savannah

South Augusta

Charlotte

Columbia

GEORGIA

NORTH CAROLINA

SOUTH CAROLINA

Investment Summary .........................................5Investment Highlights.........................................7Aerial Map .........................................................9Tenant Summary ..............................................10Location Map ...................................................13Location Overview ............................................14Location Highlights ...........................................15Demographics ..................................................16

Crown Point

TABLE OF CONTENTS

Young’s C-Store

Young’s C-StoreYoung’s C-Store

O V E R V I E W

Price $751,400

Gross Leasable Area (GLA) 3,265 SF

Net Operating Income $46,966

CAP Rate 6.25%

Year Built / Renovated 1996/2005

301 EAST CHARLOTTE AVENUE, SUMTER, SC 29150

PRICE: $751,400 CAP: 6.25% (AVERAGE LEASE TERM CAP 7.90%)

RENT: $46,966

INVESTMENT SUMMARY

A N N U A L I Z E D O P E R AT I N G D ATA

Lease Term Annual Rent

Current Term $46,966

2021 $47,905

2022 $48,863

2023 $49,841

2024 $50,837

2025 $51,854

2026 $52,891

2027 $53,949

2028 $55,028

2029 $56,129

2030 $57,251

Average Rent $51,956

L E A S E A B S T R A C T

Lease Type NNN

Lease Term 23 Years

Lease Term Remaining 10.5 Years

Lease Start 3/27/2008

Lease Expiration 3/31/2031

Renewal Options 1x10 & 1x7

Increase 2% Annually

Roof & Structure Tenant Responsible

5

6

Young’s C-StoreYoung’s C-Store

INVESTMENT HIGHLIGHTS

t GPM Investments, LLC is one of the largest privately-owned companies in the C-Store industry. They operate over 1,400 stores in 22 states+/-

t Lease is Guaranteed by GPM Investments - a privately held company with over 1,400 locations

t Guarantor revenue of $1.9(Bil)

t Strategically located near Shaw Air Force Base

t 2% annual rent escalations hedges against inflation

t True long term NNN lease with no landlord responsibilities

15,100 VPD

56,511TOTAL POPULATION WITHIN 5-MILE RADIUS

$58,045AVERAGE HOUSEHOLD INCOME WITHIN 5-MILE RADIUS

- N LAFAYETTE DRIVE

Young’s C-Store

7

INVESTMENT HIGHLIGHTSThis highly visible store is located at the intersection of East Charlotte Avenue and North LaFayette Drive and is directly next to Croswell Drive Elementary School and less than ten miles from Shaw Air Force Base.

The tenant signed a 23 year NNN lease in March of 2008 that offers two percent annual rent increases. The lease offers an additional ten year option to renew, followed by a seven year renewal option, both with annual rent increases. Under the lease, the tenant is responsible for the payment of all taxes, insurance and CAM on the property, including the roof and structure. The lease is guaranteed by GPM Investments, LLC, which is one of the largest privately owned C-Store operators in the U.S. with over 1,400 locations nationwide and revenue exceeding $1.9(Bil). They operate this particular location under the BP gas brand and as a Young’s Food Store.

Peace of mind investment opportunity with absolutely

no landlord obligations.

Located just 10 miles from Shaw Air Force Base

and 50-miles from Columbia, South Carolina

(State Capitol)

Strong operator with more than 1,400 locations and a

revenue over $1.9(Bil)

8

Crosswell Drive Elementary

School

BURGER KING

McDonalds

Robinson Family Auto Sales

Sumter Police Department

Sumter Fire Dept. - Headquarters

Sumter County Health Department

Prisma Health Tuomey Hospital

Downtown Sumter Motor Inn

Ashley Chase Apartments

Capstone Self Storage

Morris College Carolinas Inn Medical Offices

tm

N LA

FAYETTE DR - 15,100 VPD

N LA

FAYETTE DR - 15,100 VPD

HWY 76HWY 76

N M

AIN

ST - 6,100 VPD

N M

AIN

ST - 6,100 VPD

Young’s C-Store

BROAD ST - 14,800 VPD

BROAD ST - 14,800 VPD

N W

ASH

ING

TON

- 7,

000

VPD

N W

ASH

ING

TON

- 7,

000

VPD

E CHARLOTTE AVE - 2,000 VPD

E CHARLOTTE AVE - 2,000 VPD

9

Young’s C-StoreYoung’s C-Store

TENANT SUMMARYGPM INVESTMENTS, LLCThe company, based in Richmond, VA, operates or supplies stores in Arkansas, Connecticut, Delaware, Florida, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Michigan, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas and Virginia and is the 6th largest convenience store chain in the country.

Many of the company’s stores have hot, fresh food offerings. Our proprietary brand, RED’S, offers award winning, fresh-never-frozen, fried chicken with all the fixin’s, as well as serving a variety of “better for you” items made fresh on premise – wraps, salads, subs and more. In select locations we offer a fresh bakery program also made on premise. Some of our other proprietary brands include: Two Chicks, The Creamery, and Luigi’s Pizzas & Subs. In addition to our proprietary programs, many GPM stores also offer branded QSR programs, such as, Dairy Queen, Dunkin’, Godfather’s Pizza, Noble Roman’s Pizza, Subway and Taco Bell. When visiting many of our stores, you can also find our exclusive fas REWARDS® loyalty program, prepaid products, Western Union kiosks, RedBox movie rentals, thirst-quenching dispensed beverages, many exclusive, private label products (such as our fa$ SNACKS® line of candy), and other great offerings for customers to enjoy.

GPM commenced operations in 2003 and, as of 2013, operated over 200 fas mart® and shore stop® locations in Connecticut, Delaware, Maryland, North Carolina, Pennsylvania, Tennessee and Virginia. GPM started on its growth path in August 2013 with the purchase of a 263-store convenience store group located in North Carolina, South Carolina, Tennessee and Virginia, which included the brand names of Scotchman®, Young’s, Li’l Cricket, Quick & Easy Everyday Shop & Café®, BreadBox and Cigarette City®. In early 2015, GPM began operating eight One Stop Stores in North and South Carolina which have been re-branded as Scotchman® and are also a part of GPM Southeast.

In 2015, GPM expanded into the Midwest after taking ownership of 42 Road Ranger convenience stores in Illinois, Iowa and Kentucky, now re-branded to fas mart®/fas fuel®, and one Subway location. Development into the Midwest continued when GPM took ownership of 161 convenience stores in Illinois, Indiana, Ohio and Michigan operating under the Village Pantry® and Next Door Store brand names.

10

Young’s C-StoreYoung’s C-Store

TENANT SUMMARY (Continued)

In February 2016, GPM began operating 15 convenience stores in Southern Illinois, Iowa and Nebraska which it acquired from Gas-Mart USA, Inc. These stores are now rebranded to fas mart®. In March 2016, GPM began operating 42 Apple Market convenience stores and supplying 20 dealer-operated stores in Virginia and Kentucky which it acquired from Fuel USA. In October 2016, GPM began operating 17 Jiffi Stop® convenience stores with gasoline sales and one stand-alone car wash location in Illinois and Missouri. In November 2016, GPM acquired Admiral Petroleum Company which operated 137 convenience stores and 33 discount tobacco shops in Michigan and Indiana.

In 2017, GPM acquired Mountain Empire Oil Company which operates 92 convenience stores in North Carolina, South Carolina, Tennessee and Virginia branded as Roadrunner Markets and Broyles Hospitality, LLC which is an independent operator of 7 Dunkin’ Donuts stores in Tennessee and Virginia under a franchise granted by Dunkin’ Donuts Franchising LLC. The Dunkin’ Donuts brand is a new addition to GPM’s portfolio of existing franchise locations. Also in 2017, GPM acquired 7 Jiffy Stop Food Marts convenience stores in Missouri.

In 2018, GPM has acquired 11 1-Stop stores in Michigan, 273 E-Z Mart convenience stores in Texas, Oklahoma, Louisiana and Arkansas, and 5 Crenco Food Stores in South Carolina which are being re-branded to Scotchman®.

In early 2019, GPM acquired 18 convenience stores, 10 of which have Subway® restaurants, in Florida from Town Star Holdings, LLC. This store acquisition marked GPM’s entry into the Florida market, a path upon which GPM plans to continue to expand as part of its growth strategy in the Southeast portion of the country. In October 2019, GPM acquired 5 convenience stores with gas in Arkansas from Cash and Sons L-P Gas Company, Incorporated. This store acquisition marks GPM’s continued expansion in the state of Arkansas after the E-Z Mart acquisition last year.

With these acquisitions, GPM has widened its reach to approximately 1,400 convenience stores which it operates or to which it supplies fuel in 22 states.

11

RICHMOND, VAHEADQUARTERS

OWNERSHIP TENANT TRADE NAME

LOCATIONSGUARANTOR

GPM INVESTMENTS, LLC.

1400 C-STORESGPM

INVESTMENTS, LLC

PRIVATE

REVENUE

$1.9(Bil)SUBJECT SITE

DBA: YOUNG’S C-STORE

GPM INVESTMENTS, LLC

WEBSITE

WWW.GPMINVESTMENTS.COM

378

76

76

15

521

521

521

401

76

521

15

Mulberry

DILLONPARK

SWAN LAKEIRIS GARDENS

RILEYPARK

PALMETTOPARK

SUMTERPARK

MEMORIALPARK

CROSSWELLPARK

SUMTERCEMETERY

EVERGREENMEMORIAL PARK

SAINTLAWERENCECEMETERY

CRYSTAL LAKEGOLF COURSE

MORRISCOLLEGE

Robert E Graham Fwy

N Lafayette Dr

Myrtle Beach Hwy

S Lafayette Dr

Chie

f Jus

tice

Erne

st a

Fin

ney

Jr H

wy

E Liberty St

N Pike WS Pike W

N Pike W

Porte

r St

Dillo

n

Gaine

s Rd M

acy St

N Wise

Dr

Clara Ke

llogg

Dr

John St

Byrd St

Dib

ert S

t

Dew St

Martin St

Oswe

go H

wy

N Pike E

N Pike E

Strange St

E Calhoun St Ext

Wink

les R

d

Salterstown Rd

Jerry St

E Hunter St

Laverne Ave

Dickson Ave

Nandina Dr

Rebe

cca

Cv

Unity Ct

Fairf

ax S

t

Ster

ling

St

Hol

mes

St

Letcher Ave

Clifton Rd

Thompson Ln

Ruth St

Broad St

Miller R

d

W Liberty St

S Pike W

N Guignard Dr

S Guignard D

r

McCrays Mill Rd

Bultman Dr

Alice Dr

Manning Ave

W Fulton St

N W

ashi

ngto

n St

E Wesmark Blvd

S M

ain

St

E Liberty St

E Calhoun St

N Main St

Haynsworth St

W Oakland Ave

W Calhoun St

W Hampton Ave

Rast St

Chu

rch

St

W Bartlette St

N P

urdy

St

Brown St

Caroli

na A

ve

Har

vin

St

Com

mun

ity S

t

N M

agnolia StAdams Ave

N Salem Ave

Winn St

Lindley Ave

Ben ton Dr

Swan L

ake D

r

N Wise

Dr

Dingle St

S Wise Dr

Burns Dr

N Bult

man

Dr

Ann Park

C urtis

wood Ave

Wrig

ht S

t

Tucs

on D

r

Robbins Ave

Willo

w Dr

Stewart St

Mason Croft Dr

S Sa

lem

Ave

Crosswell Dr

Jackson St

Loring Pl

S Purdy St

N Milto

n Rd

Woo

dlawn

Ave

Gertrude Dr

Wall St

S Su

mte

r St

Green Swamp Rd

Pear St

Poulos St

Lesesne Dr

Burkett Dr

W Moore St

Woodside Rd

S Artillery Dr

Morga

n Ave

Cook S t

Divine St

Red and W

hite St

Pine St

Coun

cil S

t

La

wton Cir

Jessamine T rl

Brun

hill S

t

Radcliff Dr

Bland Ave

Cres. Ave

Thelma Dr

Vining St

Cuttino

Rd

University Dr

Hasel St

Garrett St

Hudson St

Stark St

Wactor St

Market St

Gar

den

St

Guyton Dr

Mid

dle

St

Edwards St

S Walker Ave

E Hampton Ave

Barnette Dr

Carver St

Love St

Saratoga St

Calho

un D

r

Bradford St

Dicks St

H i l liard

DrGion St

Ha

r r ell Rd

Poinsett Dr

Cumberlnd. Wy.

Victory Dr

Briarwood Dr

Ande

rson S

t

Riley

St

Brand St

Dixie

Dr

C

h e rry St

Harry

Ave

Capri Dr

Ma

r i g old St

E College StProv

iden

ce S

t

Parker Dr

Larkin St

Archdale D r

W Mary St

Palmer Dr

Kendrick St

Watkins St

Phillips St

Ches

tnut

St

Kilgo St

Warren St

Albert Dr

Bake

r St

Millwd. Rd

Willis St

Coral Way

Phelps St

Parish St

Buford St

Newm

an S

t

Corb

ett S

t

Broc kingt on

St

2nd Ave

Reese St

Sampson St

White St

3rd Ave

Jasmine St

Fols

om S

t

Oxford St

Shuler Dr

Moi

se D

r

Dorn St

Har

by A

ve

Sims Ave

High

land

Ave

N Guignard Dr

S M

ain

St

Willo

w Run Apartments

Boulevard Rd

SC-463

E Fult

on St

Broo

klyn

St

Plowden Mill Rd

Flamingo Rd

McKeiver Rd

Hauser St

M issouri St

Fort St

Cheyne St

Eastwood Dr

Belk St

Graham St

Om

ares t Dr

Center St

Hannah St

Levi

St

E Calhoun St

Oswe

go R

d

E Liberty St

S Pike E

S Pike E

US-37 8 E

E Charlotte Ave

Bagnal Dr

Progress St

Mathis St

Loring Pl

Lemmon St

Wilson St

Carrol Dr

Phifer St

Shaw St

Com

merce St

Dogwood Dr

Robney Dr

Allen Dr

E Moore St

Poinsett Dr

D'ancona St

Bowman Dr

Emily Dr

Pruite

Ln

Green St

Pinckney St

Reed St

Lee StLee St

Colonial Dr

Wen-le Dr

Rutledge St

Fort

St

Fort St

Har

ris S

t

E Calhoun St

SwanLake

Shot Pouch Branch

12

378

76

76

15

521

521

521

401

76

521

15

Mulberry

DILLONPARK

SWAN LAKEIRIS GARDENS

RILEYPARK

PALMETTOPARK

SUMTERPARK

MEMORIALPARK

CROSSWELLPARK

SUMTERCEMETERY

EVERGREENMEMORIAL PARK

SAINTLAWERENCECEMETERY

CRYSTAL LAKEGOLF COURSE

MORRISCOLLEGE

Robert E Graham Fwy

N Lafayette Dr

Myrtle Beach Hwy

S Lafayette Dr

Chie

f Jus

tice

Erne

st a

Fin

ney

Jr H

wy

E Liberty St

N Pike WS Pike W

N Pike W

Porte

r St

Dillo

n

Gaine

s Rd M

acy St

N Wise

Dr

Clara Ke

llogg

Dr

John St

Byrd St

Dib

ert S

t

Dew St

Martin St

Oswe

go H

wy

N Pike E

N Pike E

Strange St

E Calhoun St Ext

Wink

les R

d

Salterstown Rd

Jerry St

E Hunter St

Laverne Ave

Dickson Ave

Nandina Dr

Rebe

cca

Cv

Unity Ct

Fairf

ax S

t

Ster

ling

St

Hol

mes

St

Letcher Ave

Clifton Rd

Thompson Ln

Ruth St

Broad St

Miller R

d

W Liberty St

S Pike W

N Guignard Dr

S Guignard D

r

McCrays Mill Rd

Bultman Dr

Alice Dr

Manning Ave

W Fulton St

N W

ashi

ngto

n St

E Wesmark Blvd

S M

ain

St

E Liberty St

E Calhoun St

N Main St

Haynsworth St

W Oakland Ave

W Calhoun St

W Hampton Ave

Rast St

Chu

rch

St

W Bartlette St

N P

urdy

St

Brown St

Caroli

na A

ve

Har

vin

St

Com

mun

ity S

t

N M

agnolia StAdams Ave

N Salem Ave

Winn St

Lindley Ave

Ben ton Dr

Swan L

ake D

r

N Wise

Dr

Dingle St

S Wise Dr

Burns Dr

N Bult

man

Dr

Ann Park

C urtis

wood Ave

Wrig

ht S

t

Tucs

on D

r

Robbins Ave

Willo

w Dr

Stewart St

Mason Croft Dr

S Sa

lem

Ave

Crosswell Dr

Jackson St

Loring Pl

S Purdy St

N Milto

n Rd

Woo

dlawn

Ave

Gertrude Dr

Wall St

S Su

mte

r St

Green Swamp Rd

Pear St

Poulos St

Lesesne Dr

Burkett Dr

W Moore St

Woodside Rd

S Artillery Dr

Morga

n Ave

Cook S t

Divine St

Red and W

hite St

Pine St

Coun

cil S

t

La

wton Cir

Jessamine T rl

Brun

hill S

t

Radcliff Dr

Bland Ave

Cres. Ave

Thelma Dr

Vining St

Cuttino

Rd

University Dr

Hasel St

Garrett St

Hudson St

Stark St

Wactor St

Market St

Gar

den

St

Guyton Dr

Mid

dle

St

Edwards St

S Walker Ave

E Hampton Ave

Barnette Dr

Carver St

Love St

Saratoga St

Calho

un D

r

Bradford St

Dicks St

H i l liard

DrGion St

Ha

r r ell Rd

Poinsett Dr

Cumberlnd. Wy.

Victory Dr

Briarwood Dr

Ande

rson S

t

Riley

St

Brand St

Dixie

Dr

C

h e rry St

Harry

Ave

Capri Dr

Ma

r i g old St

E College StProv

iden

ce S

t

Parker Dr

Larkin St

Archdale D r

W Mary St

Palmer Dr

Kendrick St

Watkins St

Phillips St

Ches

tnut

St

Kilgo St

Warren St

Albert Dr

Bake

r St

Millwd. Rd

Willis St

Coral Way

Phelps St

Parish St

Buford St

Newm

an S

t

Corb

ett S

t

Broc kingt on

St

2nd Ave

Reese St

Sampson St

White St

3rd Ave

Jasmine St

Fols

om S

t

Oxford St

Shuler Dr

Moi

se D

r

Dorn St

Har

by A

ve

Sims Ave

High

land

Ave

N Guignard Dr

S M

ain

St

Willo

w Run Apartments

Boulevard Rd

SC-463

E Fult

on St

Broo

klyn

St

Plowden Mill Rd

Flamingo Rd

McKeiver Rd

Hauser St

M issouri St

Fort St

Cheyne St

Eastwood Dr

Belk St

Graham St

Om

ares t Dr

Center St

Hannah St

Levi

St

E Calhoun St

Oswe

go R

d

E Liberty St

S Pike E

S Pike E

US-37 8 E

E Charlotte Ave

Bagnal Dr

Progress St

Mathis St

Loring Pl

Lemmon St

Wilson St

Carrol Dr

Phifer St

Shaw St

Com

merce St

Dogwood Dr

Robney Dr

Allen Dr

E Moore St

Poinsett Dr

D'ancona St

Bowman Dr

Emily Dr

Pruite

Ln

Green St

Pinckney St

Reed St

Lee StLee St

Colonial Dr

Wen-le Dr

Rutledge St

Fort

St

Fort St

Har

ris S

t

E Calhoun St

SwanLake

Shot Pouch Branch

Young’s C-Store

13

Young’s C-StoreYoung’s C-Store

SUMTER, SOUTH CAROLINASumter was founded in 1845, originally known as Sumterville. It’s humble beginnings started as a plantation settlement, but grew to be an industrial center. When Shaw Air Force Base opened in 1941, the local and surrounding economies grew exponential to assist in the war effort for WWII.

Post WWII, Sumter became a hub for textile, biotech and manufacturing industries. The population and economy continued to strengthen.

Sumter is home to Shaw Air Force Base, headquarters of the United States Air Forces Central Command, United States Army Central, 9th Air Force, the 20th Fighter Wing, and many other tenant units. Since World War II, it has been a major source of federal and civilian employment in the area.

Shaw’s fighter planes consist of the F-16 Fighting Falcon, which is a versatile multirole fighter. F-16s dispatched from Shaw were the primary fighters used in the Gulf War. The base was named in honor of 1st Lieutenant Ervin David Shaw, one of the first Americans to fly combat missions.

LOCATION OVERVIEWSumter

MunicipalAirport

Sumter

Catchall

Brent

CaneSavannah

OaklandWhites PondCrossroad

Cherryvale

PocallaSprings

QuinnsCrossroad

Dinkins

PinckneyCrossroad

Shannontown

Millwood

Mulberry

Bon AirTerrace

ShawHeights

SouthSumter

Shaw AirForce Base

378

378

76

76

521

521

521

15

401

76

521

15

Broad St

Robert E Graham Fwy

S Guignard Pkwy

Myrtle Beach Hwy

Poca

lla R

d

US-15 N

Camden Hwy

N Lafayette DrS Lafayette D

r

S US-521

Chi

ef J

ustic

e Er

nest

a F

inne

y Jr H

wy

Thomas Sumter Hwy

N M

ain St

Kingsbury Dr

Kingsbury Dr

Bultman Dr

SC-380

N Guignard Dr

S Wise Dr

Manning Ave

SC-370

SC-944

Eagle

Rd

S Pike W

Miller R

d

W Liberty St

Alice Dr

Cains Mill Rd

S St Pauls Church Rd

S Guignard Dr

Broad St

N Sain t Pauls Church Rd

Loring Mill Rd

Cane Savannah Rd

SC-33

Patriot Pkwy

Patriot Pkwy

Pinewood Rd

McCrays Mill Rd

Wedgefield Hwy

Alice

Dr

Catchall Rd

Racco

on R

d

Peac

h Or

char

d Rd

N Pike W

Jefferson Rd

SC-81

E Foxworth Mill Rd

Oswe

go H

wy

SC-46

E Brewington Rd

E Red Bay Rd

Manning R

d

Boulevard Rd

Oswe

go R

d

E Liberty St

14

LOCATION HIGHLIGHTS

SUMTER, SOUTH CAROLINAFORMERLY KNOWN AS SUMTERVILLE

M A J O R E M P L O Y E R SS U M T E R , S O U T H C A R O L I N A

Shaw Air Force Base 8,524

Sumter County School District 2,937

Palmetto Health Tuomey 1,800

Continental Tire the Americas 1,300

Pilgrim's Inc. 1,070

State of South Carolina 982

BD Diagnostics, Preanalytical Solutions 975

Sykes, Inc. (Data Center) 950

Eaton Electrical 836

Sumter County Government 590

SumterMunicipal

Airport

Sumter

Catchall

Brent

CaneSavannah

OaklandWhites PondCrossroad

Cherryvale

PocallaSprings

QuinnsCrossroad

Dinkins

PinckneyCrossroad

Shannontown

Millwood

Mulberry

Bon AirTerrace

ShawHeights

SouthSumter

Shaw AirForce Base

378

378

76

76

521

521

521

15

401

76

521

15

Broad St

Robert E Graham Fwy

S Guignard Pkwy

Myrtle Beach Hwy

Poca

lla R

d

US-15 N

Camden Hwy

N Lafayette DrS Lafayette D

r

S US-521

Chi

ef J

ustic

e Er

nest

a F

inne

y Jr H

wy

Thomas Sumter Hwy

N M

ain St

Kingsbury Dr

Kingsbury Dr

Bultman Dr

SC-380

N Guignard Dr

S Wise Dr

Manning Ave

SC-370

SC-944

Eagle

Rd

S Pike W

Miller R

d

W Liberty St

Alice Dr

Cains Mill Rd

S St Pauls Church Rd

S Guignard Dr

Broad St

N Sain t Pauls Church Rd

Loring Mill Rd

Cane Savannah Rd

SC-33

Patriot Pkwy

Patriot Pkwy

Pinewood Rd

McCrays Mill Rd

Wedgefield Hwy

Alice

Dr

Catchall Rd

Racco

on R

d

Peac

h Or

char

d Rd

N Pike W

Jefferson Rd

SC-81

E Foxworth Mill Rd

Oswe

go H

wy

SC-46

E Brewington Rd

E Red Bay Rd

Manning R

d

Boulevard Rd

Oswe

go R

d

E Liberty St

12.5 Miles from Shaw Air

Force Base

4.8 Miles from Sumter

County Airport

Easily accessible off the I-95, nestled in between

Columbia, Myrtle Beach and Charleston to the South

BP is the gas servicer for this location

Located near points of ingress / egress

Located near Shaw Air Force Base

15

56,511Total Population Within 5-Mile Radius

$58,045Average Household Income

Within 5-Mile Radius

$41,043 Median Household Income

Within 5-Mile Radius

21,9 1 8Total Households in 5-Mile Radius

DEMOGRAPHICS / SUMTER, SC

8.54% From 2000

Young’s C-Store

16

POPULATION 1 MILE 3 MILES 5 MILES2024 Projection 7,092 32,781 56,5112019A Estimate 7,103 32,728 55,498Growth 2019A - 2024 -0.16% 0.16% 1.83%2000 Census 7,278 34,425 53,7342010 Census 7,110 32,671 54,361Growth 2000 - 2010 -2.31% -5.09% 1.17%

HOUSEHOLDS 1 MILES 3 MILES 5 MILES2024 Projections 2,539 12,888 21,9182019A Estimate 2,521 12,769 21,368Growth 2019A - 2024 0.71% 0.93% 2.58%

2000 Census 2,595 13,265 20,193

2010 Census 2,555 12,900 21,145Growth 2000 - 2010 -1.53% -2.75% 4.72%

HOUSEHOLDS BY INCOME (2019A Est.) 1 MILES 3 MILES 5 MILES$200,000 or More 1.28% 1.91% 2.45%

$150,000 - $199,999 1.46% 1.88% 2.61%

$100,000 - $149,999 5.20% 5.71% 8.14%$75,000 - $99,999 5.78% 7.56% 10.26%$50,000 - $74,999 13.10% 14.83% 18.10%$35,000 - $49,999 12.14% 13.36% 13.91%$25,000 - $34,999 18.11% 14.82% 12.85%$15,000 - $24,999 19.97% 17.23% 14.34%$10,000 - $14,999 9.27% 8.66% 6.74%Under $9,999 13.69% 14.05% 10.61% 2019A Est. Average Household Income $42,237 $48,484 $58,045

2019A Est. Median Household Income $28,145 $31,195 $41,043

2019A Est. Per Capita Income $15,648 $19,279 $22,571

POPULATION PROFILE 1 MILES 3 MILES 5 MILES2019A Estimated Population by Age 7,103 32,728 55,498

Under 4 9.2% 7.5% 6.8%5 to 14 Years 13.6% 13.5% 13.3%15 to 17 Years 3.7% 3.8% 3.9%18 to 19 Years 5.0% 3.0% 2.8%20 to 24 Years 11.4% 8.4% 7.5%25 to 29 Years 7.8% 7.6% 7.3%30 to 34 Years 6.0% 6.1% 6.1%35 to 39 Years 5.0% 5.3% 5.6%40 to 49 Years 9.0% 9.9% 10.6%50 to 59 Years 10.9% 12.2% 12.7%60 to 64 Years 4.8% 5.7% 6.1%65 to 69 Years 4.0% 4.8% 5.3%70 to 74 Years 2.9% 3.9% 4.2%Age 75+ 6.6% 8.4% 7.8%

2019A Median Age 29.5 35.1 37.0

2019A Population 25 + by Education Level 4,052 20,882 36,425Elementary (0-8) 5.11% 4.47% 3.39%Some High School (9-11) 13.76% 13.85% 11.42%High School Graduate (12) 35.11% 31.44% 29.06%Some College (13-15) 20.64% 22.21% 23.51%Associates Degree Only 7.63% 7.79% 9.69%Bachelors Degree Only 9.69% 11.87% 13.89%

Graduate Degree 5.38% 6.24% 7.59%

17

SUMTER SOUTH CAROLINA

Young’s C-Store

BEN YELMBROKER OF RECORD

Tel: (803) [email protected]

License: SC 86628

LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS

SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE

Tel: (818) 212-2730Fax: (818) 212-2710

[email protected]: CA 01267761

RYAN JAAMAASSOCIATE

MIAMI OFFICETel: (786) 522-7127

[email protected]: FL SL3436240