Marathon Absolute NNN Lease Convenience Store South Carolina

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Investment Offering

Tenant: Marathon Gas Station | Newberry, SC
Premises: 2,604 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 8/17/2042
Lease Type: Absolute NNN
Rental Increases: 3% Annual

Sands Investment Group is Pleased to Present Exclusively For Sale the Marathon Absolute NNN Lease Asset Located at 1321 Wilson Street in Newberry, SC. The Deal Includes +19 Years on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities Coupled With 3% Annual Rent Bumps and 4 x 5 Year Options on the Lease, Providing For a Best-of-Class Investment.

19+ Years on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options
Location Within 1-Mile of Highway 178 and Highway 25
Gas Station Offers Increased Depreciation Expenses *Consult Your CPA
Corporate Guarantee From the Tenant S&D Oil, LLC, a Fast Growing Operator With 14+ Locations
Nearby Tenants Include: McDonald’s, Starbucks, Dunkin Donuts, Hardees, CVS, Popeyes, and Pizza Hut, Located Conveniently on the Corner of Highway 76 and 34

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

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Tenant Overview

MARATHON

In 1887, several small oil companies banded together to form The Ohio Oil Company. From this humble beginning, they evolved into Marathon Petroleum Corporation. Along the way, gas stations took on new looks and additional services, new refining processes were born and the precursor to the modern credit card was first issued. Marathon Petroleum Corporation is an American petroleum refining, marketing and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. Following its acquisition of Andeavor in October of 2018, Marathon became the largest petroleum refinery operator in the United States.

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