Atlanta, GA – The Net Lease Group is pleased to announce the successful closing of two newly constructed, single-tenant convenience store and fueling station properties, both fully leased to Refuel Operating Company, LLC—one of the fastest growing operators in the Southeast. Located in Summerville and Conway, South Carolina, the properties represent long-term net lease investments in two of the state’s most rapidly expanding metro areas.
Esmael Hill, Dane Bailey, and Will Winn of The Net Lease Group led the disposition process on behalf of the seller.
Both properties are 100% leased on an absolute triple-net basis to Refuel Operating Company, LLC, with the lease guaranteed by FR Refuel LLC. The Summerville property is a 4,694-square-foot convenience store situated on a 2.33-acre parcel along W 5th North Street, a primary corridor within the Charleston MSA. The Conway asset, located just 30 minutes from Myrtle Beach, totals 4,829 square feet and sits on a 3.31-acre parcel along US-501, a heavily trafficked route serving both local residents and year-round visitors.
With prominent visibility, high traffic counts, and proximity to major economic drivers including tourism hubs and higher education institutions, the assets reflect the continued demand for newly constructed, single-tenant net lease properties in growth markets across the Southeast.
About NLG
The Net Lease Group (“NLG”), a boutique investment advisory and brokerage firm, specializes in the corporate, institutional, and private execution of single and multi-tenant, net lease transactions across all markets within the United States. Through NLG’s full range of brokerage and advisory services, NLG provides Investment Sales, Sale-Leaseback Advisory, Build-to-Suit Development Solutions, and Debt-Equity Placement solutions to its clients nationwide. NLG’s principals and its team have successfully completed, advised, and structured transactions in excess of $15 Billion throughout a combined 50-plus years of commercial real estate experience.