Listed by Atlantic Capital Partners
$178,000
Quarles (GPM Empire Guarantee) | Youngsville, NC
Details
APN 1843-91-6268
Property Type Retail
Sub Type Gas Station, Storefront
Square Footage 160
Cap Rate 6.19%
NOI $11,025
Occupancy 100%
Tenancy Single
Brand/Tenant Sheetz, Valero
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 02/28/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options 2 x 5-year options
Class A
Year Built 2006
Acreage 1.370
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/01/2024
Ground Lease No
6.2% CAP | CORP GUARANTEE
Investment highlights
INSTITUTIONAL-GRADE CREDIT BACKING
- The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials.
ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES
- The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord.
RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS
- Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions.
POSITIONED IN ONE OF THE FASTEST-GROWING METROS IN THE U.S.
- Youngsville is located within the Raleigh-Durham MSA, ranked the #1 fastest-growing large metro in the U.S. (U.S. Census, 2023), with a population exceeding 1.5 million and projected to reach 2 million by 2030.
LOGISTICS GATEWAY
- Youngsville sits along US Highway 1 — a primary commercial artery carrying 27,000 AADT — and is directly accessible via US-401 and NC-96, forming a key node in the Triangle's northern distribution corridor.
YOUNGSVILLE — ONE OF NC'S FASTEST-GROWING MUNICIPALITIES
- Youngsville's population has grown over 60% in the past decade, from ~1,100 to nearly 2,000+ residents, with hundreds of new single-family permits issued annually.
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$11,025.00
$918.75/mo
Valuation Metrics
0
DSCR
6.19%
Cap Rate
6.19%
ROI
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Zoning
IND IndustrialIndustrial
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View all 312 uses Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics
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