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.
PROVEN 25+ YEAR OPERATING HISTORY AT THIS SITE
- Quarles has continuously operated this fleet fueling location since 1999, demonstrating strong site-level performance and durable customer demand in an established industrial corridor along East Trinity Avenue in High Point.
PART OF THE GREENSBORO-HIGH POINT MSA - NORTH CAROLINA'S 3RD LARGEST METRO
- The metro is home to more than 200 furniture manufacturers and 12,000 manufacturing workers, and the High Point Market generates billions in annual economic impact for the region, driving consistent commercial and logistics traffic.
STRATEGIC PIEDMONT TRIAD LOCATION WITH MULTI-CITY DEMAND DRIVERS
- Sits between Greensboro (19 miles) and Winston-Salem (18 miles), with direct access to I-85 and I-40 — two of the Southeast's busiest freight corridors.