DOCSLIB.ORG

2020-0040-Se

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2020-0040-Se BOARD OF ZONING APPEALS CASE SUMMARY FOR SPECIAL EXCEPTION 2022, 2034, 2040 Marion Street & 1408, 1414, 1420 Elmwood Avenue & 2019 Bull Street September 3, 2020 at 4:00 P.M. Case Number: 2020-0040-SE Subject Property: 2022, 2034, 2040 Marion Street & 1408, 1414, 1420 Elmwood Avenue & 2019 Bull Street (TMS#s 09016-07-01, -02, -03, -04, -06, -17 & -18) Zoning District: C-3 (General Commercial District), -DD (City Center Design/Development District) Applicant: Florence Abrenica, GeenbergFarrow Property Owner: Brownstein Associates, LLC Summary Prepared: July 13, 2020 Requested Action: Special exception to permit a gasoline service station and convenience store Applicable Sections of Zoning Ordinance: §17-258 Gasoline Service Stations (SIC 554) permitted in C-3 districts by special exception §17-258 Convenience Stores (SIC 541.1) permitted in the C-3 districts by special exception §17-297 Additional criteria and standards for special exception approval of convenience stores §17-112 Standard criteria for special exceptions Case History: N/A Staff Comments: The applicant is requesting a special exception to permit a gasoline service station and a special exception to permit convenience store on the parcel. The special exceptions will be reviewed together but voted on individually. Part I: The applicant is requesting a special exception to permit a gasoline service station. The subject property consists of seven commercially developed lots. Once the lots are combined, the proposed property will be +/- 1.7-acres. Applicant intends to construct a ten (10) pump fuel dispenser with canopy. Part II: The applicant is also requesting a special exception to permit a convenience store. Applicant intends to construct a +/- 2,824 square foot building. Parking will be provided on-site. Also included in this packet is a copy of a “Good Neighbor Plan” submitted by the applicant. §17-297 requires that prior to approving a special exception to establish or expand a convenience store, the board find that – in addition to the standard criteria – the applicant has committed to a “Good Neighbor Plan”. The ordinance further requires that these conditions be made a part of any approved special exception. For reference, the specific language of this “Good Neighbor Plan” has been included below. PAGE 1 OF 2 a. Good Neighbor Plan 1. Loitering control program. Written verification must be provided by the owner, operator, manager, or local representative of the parent company that a loitering control program will be enforced. 2. Litter control program. At least two trash receptacles must be provided onsite for customer use. Written verification must be provided that the owner, operator, manager, or a local representative of the parent company will conduct at a minimum, daily onsite litter pickup as well as litter pick-up along sidewalks adjacent to the site. 3. Sign pledge program. Written verification must be provided that the owner, operator, manager, or a local representative of the parent company will comply with the zoning regulations regarding signage. All business signage is included in the total display surface area permitted, including any additional signs, either permanent or temporary, advertising items for sale onsite (e.g., beverages, chips, tobacco, snacks, etc.). 4. Crime prevention and awareness program. Written verification must be provided that the owner, operator, manager, or a local representative of the parent company has contacted the City of Columbia Police Department regarding participation in a crime prevention/awareness program. 5. Neighborhood communication program. Written verification must be provided that the owner, operator, manager, or a local representative of the parent company will provide local contact information to the adjoining neighborhood associations or business for the documentation of any problems they may have with current business practices that impact adjacent neighborhoods or businesses. Applicant has submitted a conceptual site plan. Should the Board approve this request, the following items shall be conditions of approval: The convenience store shall operate in substantial conformance with the application, submitted materials, and testimony before the Board regarding its operation, and shall conform to the submitted “Good Neighbor Plan” and all relevant city development regulations including but not limited to the building code and landscaping. Lots to be combined. Following vacancy, abandonment, or discontinuance of this use for a period of 12 consecutive months, the special exception shall be considered completed and shall expire. Any documents submitted by persons expressing support or concern about this application are attached hereto and made a part of the record of the public hearing. PAGE 2 OF 2 2022, 2034, 2040 Marion Street & 1408, 1414, 1420 Elmwood Avenue & 2019 Bull Street Special Exception 2020-0040-SE Zoning Map TMS# 09016-07-01, -02, - 03, -04, -06, -17 & -18 µ Department of Planning & Development Services RG-1 VE D A OO RG-2 MW Legend EL RAILROADS CITY LIMITS FEMA FP PUD-LS W A L Waverly L A C D-1 C-1 Cottontown/Bellevue E S RS-1 C-2 T C-1 RS-1A C-3 Architectural RS-1B C-3A Conservation District RS-2 C-4 Subject Properties RS-3 C-5 RD M-1 E Landmark RD-2 M-2 AV OD RG-1 PUD-C WO ELM RG-1A PUD-LS RG-2 PUD-LS-E RG-3 PUD-LS-R C-1 UTD PUD-R City Center MX-1 OUT OF CITY MX-2 DD DISTRICT Design/Development DP DISTRICTS PD DISTRICT District CC OVERLAY ) City Landmark B U L 1 inch = 101 feet L S T ORIGINAL PREPARATION/DATE: This map was prepared by: Hope Hasty C-3 for ) August 6, 2020 BoZA Meeting M A DISCLAIMER: R I The City of Columbia Department of O Planning and Development Services N S data represented on this map or plan T is the product of compilation, as ) produced by others. It is provided Landmark for informational purposes only and the City of Columbia makes no representation as to its accuracy. Its District use without field verification is at the sole risk of the user. ) C-4 ST UN HO ) CAL C-1 C-1 ** DATA SOURCE - CITY OF COLUMBIA, GIS DIVISION 01/26/2019 - 02/08/2019 02/19/2017 02/23/2017 02/19/2017 Date Case Office Use Only Received: #: Staff Invoice: Initial: CITY OF COLUMBIA ZONING DIVISION 1136 Washington Street, 1st Floor Columbia, SC 29201 Office: 803-545-3333 E-mail: zoning@columbiasc.gov www.columbiasc.net SPECIAL EXCEPTION APPLICATION CITY OF COLUMBIA BOARD OF ZONING APPEALS PLEASE READ: So that we can better serve all applicants, completed applications must be submitted by the 4:00 PM published application deadline (please refer to the official BoZA Calendar, available on our web site at www.columbiasc.net). Any failure to submit all required documentation and payment by the published deadline shall result in applications being returned, withdrawn, or scheduled at a later date. ** In some instances, a pre-application meeting with staff is encouraged. Applicant is strongly advised to contact and/or meet with the adjacent neighborhood association(s) to communicate details of the proposed project prior to application submittal. Neighborhood Association contact information may be obtained from Zoning staff. ApplicantProperty Information Information Florence Abrenica Address of Subject Property: Southeast Corner of Elmwood Avenue & Marion Street (not addressed yet). Applicant: R09016-07-01, R09016-07-02, R09016-07-03, R09016-07-04, R09016-07-06, R09016-07-17, Tax Map Number(s): District: C -3 Overlay District: City Center Design Name of Company (if R09016applicable)-07-18: GreenbergFarrowZoning MailingCurrent AddressUse of Property: 92 E. MainCommercial Street, RetailSuite 410 (Deli, Dry Cleaner, Office) $3,391,573.00 1. Convenience Store EstimatedSomerville Value of Project: TypeNJ of Development: 08876 City: State: 2. GasolineZip: Station E-mail Address: fabrenica@greenbergfarrow.com Phone: 732.784.3231 Are you the property owner? Yes No X If no, please ensure the Letter of Agency is completed in its entirety and submitted with application Page 2 of 4 Revised January 2019 Special Exception Application Case #: City of Columbia Board of Zoning Appeals Please provide the specific section(s) of the City of Columbia Zoning Ordinance from which a special exception is being requested (ex. 17-258). To find the applicable section, please see Chapter 17 of the City of Columbia Code of Ordinances, viewable at www.municode.com Section(s): 17-258 & 17-297 Description of Request: Please describe your proposal in detail. You may attach a separate sheet if necessary. Additionally, you may provide any supporting materials that are applicable to your request (i.e. business plan, site plan, plat of property, photographs, etc.) We are seeking a Special Exception Permit for a Convenience Store and Gasoline fueling station. The proposed Murphy Express will consist of an ten (10) pump fueling canopy, 2,824 sf. Convenience store, 10 parking spaces, substantial landscaping, screening and buffering. Seven parcels will be combined to form a single parcel for the proposed development. All existing structures and pavement will be demolished to make way for the new Murphy Express. Applicant Response to Section 17-112(2): The Board of Zoning Appeals shall approve an application for a special exception only upon finding that the required criteria are met (see 17-112(2) of the Zoning Ordinance). In evaluating your request, the members of the Board will review the answers below as part of the case record. You may attach a separate sheet if necessary. 1. Describe in what ways the proposed special exception will not have a substantial adverse impact on vehicular traffic or vehicular and pedestrian safety and how adequate provisions are made in the proposed exception for parking and for loading and unloading. The proposed Murphy Express will not have an adverse impact on traffic.
Load more

Recommended publications
  • Fuel Forecourt Retail Market
    Fuel Forecourt Retail Market Grow non-fuel Are you set to be the mobility offerings — both products and Capitalise on the value-added mobility mega services trends (EVs, AVs and MaaS)1 retailer of tomorrow? Continue to focus on fossil Innovative Our report on Fuel Forecourt Retail Market focusses In light of this, w e have imagined how forecourts w ill fuel in short run, concepts and on the future of forecourt retailing. In the follow ing look like in the future. We believe that the in-city but start to pivot strategic Continuously pages w e delve into how the trends today are petrol stations w hich have a location advantage, w ill tow ards partnerships contemporary evolve shaping forecourt retailing now and tomorrow . We become suited for convenience retailing; urban fuel business start by looking at the current state of the Global forecourts w ould become prominent transport Relentless focus on models Forecourt Retail Market, both in terms of geographic exchanges; and highw ay sites w ill cater to long customer size and the top players dominating this space. distance travellers. How ever the level and speed of Explore Enhance experience Innovation new such transformation w ill vary by economy, as operational Next, w e explore the trends that are re-shaping the for income evolutionary trends in fuel retailing observed in industry; these are centred around the increase in efficiency tomorrow streams developed markets are yet to fully shape-up in importance of the Retail proposition, Adjacent developing ones. Services and Mobility. As you go along, you w ill find examples of how leading organisations are investing Further, as the pace of disruption accelerates, fuel their time and resources, in technology and and forecourt retailers need to reimagine innovative concepts to become more future-ready.
    [Show full text]
  • For the Fuel & Convenience Store Industry
    FOOT TRAFFIC REPORT FOR THE FUEL & CONVENIENCE STORE INDUSTRY Q1 2017 A NEW ERA FOR THE CONVENIENCE STORE As the convenience store industry adapts to meet customer needs and grow market share, location intelligence is becoming increasingly critical to understanding consumer habits and behaviors. GasBuddy and Cuebiq teamed up in the first quarter of 2017 to issue the first foot traffic report for the fuel and convenience store industry. Highlights: GasBuddy and Cuebiq examined 23.5 million consumer trips to the pumps and convenience stores between January 1 and March 31. In Q1, more than half of GasBuddies visited locations within six miles of their homes or places of employment, giving retailers the opportunity to leverage their greatest resource—knowing their customer base—to localize and personalize their product selection. Weekdays between 11:00 a.m. and 1:00 p.m. were highly-trafficked hours in Q1. Convenience stores are poised to lure business away from QSRs and grocery stores now that customers can eat quality meals at the same place and time they choose to fill up their tanks. With filling a gas tank clocking in at an efficient 2-3 minutes, the 73% of GasBuddies who spent more than five minutes at locations in Q1 demonstrated that consumers are likely willing to spend some time in store before or after visiting the pumps. QUARTERLY FOOT TRAFFIC REPORT 1 GasBuddy examined nearly 23.5 million consumer trips to gas Indiana-based gas station and stations and c-stores in Q1 2017 convenience store chain Ricker’s enjoys a loyal GasBuddy customer Which fuel brands captured the base—the nearly 50-station brand highest ratio of footfall per station? captured more than 4x the industry average footfall per location in Q1.
    [Show full text]
  • Market Cap Close ADV 1598 67Th Pctl 745,214,477.91 $ 23.96
    Market Cap Close ADV 1598 67th Pctl $ 745,214,477.91 $ 23.96 225,966.94 801 33rd Pctl $ 199,581,478.89 $ 10.09 53,054.83 2399 Ticker_ Listing_ Effective_ Revised Symbol Security_Name Exchange Date Mkt Cap Close ADV Stratum Stratum AAC AAC Holdings, Inc. N 20160906 M M M M-M-M M-M-M AAMC Altisource Asset Management Corp A 20160906 L M L L-M-L L-M-L AAN Aarons Inc N 20160906 H H H H-H-H H-H-H AAV Advantage Oil & Gas Ltd N 20160906 H L M H-L-M H-M-M AB Alliance Bernstein Holding L P N 20160906 H M M H-M-M H-M-M ABG Asbury Automotive Group Inc N 20160906 H H H H-H-H H-H-H ABM ABM Industries Inc. N 20160906 H H H H-H-H H-H-H AC Associated Capital Group, Inc. N 20160906 H H L H-H-L H-H-L ACCO ACCO Brand Corp. N 20160906 H L H H-L-H H-L-H ACU Acme United A 20160906 L M L L-M-L L-M-L ACY AeroCentury Corp A 20160906 L L L L-L-L L-L-L ADK Adcare Health System A 20160906 L L L L-L-L L-L-L ADPT Adeptus Health Inc. N 20160906 M H H M-H-H M-H-H AE Adams Res Energy Inc A 20160906 L H L L-H-L L-H-L AEL American Equity Inv Life Hldg Co N 20160906 H M H H-M-H H-M-H AF Astoria Financial Corporation N 20160906 H M H H-M-H H-M-H AGM Fed Agricul Mtg Clc Non Voting N 20160906 M H M M-H-M M-H-M AGM A Fed Agricultural Mtg Cla Voting N 20160906 L H L L-H-L L-H-L AGRO Adecoagro S A N 20160906 H L H H-L-H H-L-H AGX Argan Inc N 20160906 M H M M-H-M M-H-M AHC A H Belo Corp N 20160906 L L L L-L-L L-L-L AHL ASPEN Insurance Holding Limited N 20160906 H H H H-H-H H-H-H AHS AMN Healthcare Services Inc.
    [Show full text]
  • Commonwealth of Massachusetts Appeals Court
    COMMONWEALTH OF MASSACHUSETTS APPEALS COURT 2017-P-0366 Exxon Mobil Corporation , Petitioner-Appellant., v. O ffice of the Attorney General , Respondent-Appellee. ON APPEAL FROM A FINAL ORDER OF THE SUPERIOR COURT IN SUFFOLK COUNTY BRIEF OF APPELLEE OFFICE OF THE ATTORNEY GENERAL COMMONWEALTH OF MASSACHUSETTS MAURA HEALEY ATTORNEY GENERAL Melissa A. H offer (No . 641667) Richard A. Johnston (No. 253420) Chief, Energy and Environment Bureau Chief Legal Counsel Christophe G. COURCHESNE (No . 660507) Seth Schofield (No . 661210) Chief Environmental Protection Division Senior Appellate Counsel I. Andrew Goldberg (No . 560843) Assistant Attorneys General Assistant Attorneys General Energy and Environment Bureau Office of theAttorney General Office of the Attorney General One Ashburton Place, 18th Floor One Ashburton Place, 18th Floor Boston, Massachusetts 02108. Boston, Massachusetts 02108 (617) 963-2436 May 31, 2017 seth.schofield@state.ma.us TABLE OF CONTENTS Page Table' of Authorities.............................. iii Addendum Table of Contents ......................... ix Statement of the Issues............................. 1 Statement of the Case............................... 2 Statement of Legal and Factual Background ........... 6 I. The Massachusetts Consumer Protection Act and Civil Investigative Demands...........6 II. The Attorney General's Exxon Investigation................................ 9 A. The Bases for the Attorney General's Chapter 93A Investigation.................... 9 1. The Publicly Reported Evidence.............9
    [Show full text]
  • Newsletterwinter2014
    NEWSLETTERWINTER2014 WELCOME NRC Realty & Capital Advisors, LLC is pleased to provide you with its first quarterly newsletter dealing with topics of interest to owners and operators in the convenience store and gasoline station industry. Given our industry experience and expertise, particularly as it relates to real estate and financial services, we believe that we are able to provide a wide array of information that should be of benefit to you and your business. In this inaugural issue, we begin a four-part series on Finally, we have enclosed an article entitled “NRC Achieves “Understanding the Value of Your Business.” The first article Banner Year in 2013” which highlights the notable in the series is “Why Should I Have My Company Valued?” transactions that NRC was involved in last year. Again, and is written by Evan Gladstone, Executive Managing looking at recent transactions and trends will provide a good Director and Ian Walker, Senior Vice President. “barometer” of things to look for in the future. This issue also contains a reprint of the “2013 C-Store We at NRC are excited about our quarterly newsletter and Industry Year in Review: An M&A and Capital Markets hope that you will find it of value. Should you have any Perspective” written by Dennis Ruben, Executive Managing questions about anything contained in this newsletter or any Director, which first appeared online on CSP Daily News other matter, please feel free to contact Evan Gladstone on January 8th through 10th as a three-part series. A at (312) 278-6801 or evan.gladstone@nrc.com, Dennis review of that article should prove to be particularly useful Ruben at (480) 374-1421 or dennis.ruben@nrc.com, or in understanding where the industry has been recently and Ian Walker at (312) 278-6830 or ian.walker@nrc.com.
    [Show full text]
  • Family Presentation
    Investor Presentation May 2019 Murphy USA Inc. 1 Cautionary Statement This presentation contains forward-looking statements. These statements, which express management’s current views concerning future events or results, are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied in our forward-looking statements include, but are not limited to, the volatility and level of crude oil and gasoline prices, the pace and success of our expansion plan, our relationship with Walmart, political and regulatory uncertainty, uncontrollable natural hazards, and adverse market conditions or tax consequences, among other things. For further discussion of risk factors, see “Risk Factors” in the Murphy USA registration statement on our latest form 10-K. Murphy USA undertakes no duty to publicly update or revise any forward-looking statements. The Murphy USA financial information in this presentation is derived from the audited and unaudited consolidated financial statements of Murphy USA, Inc. for the years ended December 31, 2018, 2017, 2016, 2015, and 2014. Please reference our most recent 10-K, 10-Q, and 8-K filings for the latest information. If this presentation contains non-GAAP financial measures, we have provided a reconciliation of such non- GAAP financial measures to the most directly comparable measures prepared in accordance with U.S. GAAP in the Appendix to this presentation. Christian Pikul, CFA Senior Director of Investor Relations and FP&A Office: 870-875-7683
    [Show full text]
  • NA Project Prioritization Meeting
    ALIMENTATION COUCHE-TARD INC. INVESTOR PRESENTATION March 2019 FORWARD-LOOKING INFORMATION AND CAUTIONARY LANGUAGE This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as “projected”, “estimate”, “may”, “anticipate”, “believe”, “expect”, “plan”, “intend” or similar words suggesting future outcomes or statements regarding an outlook. All statements other than statements of historical fact contained in these slides are forward-looking statements. Forward-looking statements involve numerous assumptions, risks and uncertainties. A variety of factors, many of which are beyond Alimentation Couche-Tard Inc.’s (“Couche-Tard”) control, may cause actual results to differ materially from the expectations expressed in its forward-looking statements. These factors include, but are not limited to, the effects of the integration of acquired businesses and the ability to achieve projected synergies, fluctuations in margins on motor fuel sales, competition in the convenience store and retail motor fuel industries, foreign exchange rate fluctuations, and such other risks as described in detail from time to time in documents filed by Couche-Tard with securities regulatory authorities in Canada, including those risks described in Couche-Tard’s management’s discussion and analysis (MD&A) for the year ended April 29, 2018. Couche- Tard’s MD&A and other publicly filed documents are available on SEDAR at www.sedar.com. Unless otherwise required by law, Couche-Tard does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by it or on its behalf.
    [Show full text]
  • Fuel Street City State Postal Code County ABG002 United Supermarkets LLC
    GTVID Retailer Brand - Fuel Street City State Postal Code County ABG002 United Supermarkets LLC. 2160 Pine Street Abilene TX 79601 Taylor County ABW002 South West Convenience Stores Alon 1050 South Treadaway Boulevard Abilene TX 79602 Taylor County ABW003 South West Convenience Stores Alon 2718 North 1st Street Abilene TX 79603 Taylor County ABW011 South West Convenience Stores Alon 1374 S Clack St Abilene TX 79605 Taylor County ABW020 South West Convenience Stores Alon 3151 Oldham Ln Abilene TX 79602 Taylor County ABW021 South West Convenience Stores Alon 4142 Clack Street Abilene TX 79601 Taylor County ABW022 South West Convenience Stores Alon 3749 West Lake Road Abilene TX 79601 Taylor County ABW036 South West Convenience Stores Alon 965 East South 11th Street Abilene TX 79602 Taylor County ABW037 South West Convenience Stores Alon 5150 US-277 Abilene TX 79605 Taylor County ABW039 South West Convenience Stores Alon 2150 North Treadaway Boulevard Abilene TX 79601 Taylor County ABW040 South West Convenience Stores Alon 3350 Catclaw Drive Abilene TX 79606 Taylor County ABW041 South West Convenience Stores Alon 1302 South 14th Street Abilene TX 79602 Taylor County ABW042 South West Convenience Stores Alon 241 E Stamford St Abilene TX 79601 Taylor County ABW049 South West Convenience Stores Alon 641 Butternut Street Abilene TX 79602 Taylor County ABW052 South West Convenience Stores Alon 4102 Loop 322 Abilene TX 79602 Taylor County ABW053 South West Convenience Stores Alon 4809 South 14th Street Abilene TX 79605 Taylor County ABW054 South West Convenience Stores Alon 8101 US-83 Abilene TX 79602 Taylor County SAG005 Landmark Industries Shell 12220 US Highway 87 East Adkins TX 78101 Bexar County SAG027 Pruski's Market, Inc.
    [Show full text]
  • FOOT TRAFFIC REPORT for the Fuel & Convenience Retailing Industry
    FOOT TRAFFIC REPORT for the fuel & convenience retailing industry Q1 2018 FOOT TRAFFIC REPORT Q1 2018 GasBuddy and Cuebiq examined more than 32.6 million consumer visits to fuel and convenience retailers between January 1 and March 31, 2018. This data provides actionable insights into consumer behavior and the factors that influence foot traffic. HIGHLIGHTS: New Rankings System This report now separates fuel and convenience brands into four categories based on the number of locations. Brands who received the most foot traffic per station in their respective categories include Ohio-based Speedway (1000+ locations), Washington-based Costco (250 – 999 locations), Kentucky-based Thorntons (50 – 249 locations) and Indiana-based Ricker’s (30 – 49 locations). Better Offerings, Better for Business In the 1000+ location category, four of the top five are convenience brands that emphasize in-store offerings. Speedway captured the top spot in this category following improvements in their fresh food service and putting a bigger emphasis on their loyalty program. Cumberland Farms #1 in Most States Cumberland Farms captures the highest average footfall traffic in six states, all of New England, despite falling short of the Top 10 overall within its category of 250 to 999 locations. Wawa comes in second with five states, including hotly-contested Pennsylvania. Costco and Kroger tie for third place with four states, and Speedway and Pilot tie for fifth place with three each. Hump Day is the Busiest Pump Day Wednesday at 5 p.m. was the busiest time time for fuel and convenience brands, followed by Friday from 4-6 p.m.
    [Show full text]
  • Circle K W/Exxon 109 Sequoyah Access Rd | Soddy-Daisy, Tn
    109 Sequoyah Access Rd | Soddy-Daisy, TN Offering memorandum 1 CIRCLE K W/EXXON 109 SEQUOYAH ACCESS RD | SODDY-DAISY, TN LISTED BY: CHRIS SANDS ASSOCIATE DIR (925) 718-7524 MOB (781) 724-7846 chris.sands@matthews.com LIC # 02103311 (CA) CHUCK EVANS SENIOR ASSOCIATE DIR (925) 319-4035 MOB (925) 323-2263 chuck.evans@matthews.com LIC # 01987860 (CA) BROKER OF RECORD KYLE MATTHEWS table of contents LIC # 263667 (TN) EXECUTIVE financial tenant AREA SUMMARY SUMMARY SUMMARY OVERVIEW 3 4 6 11 2 REPRESENTATIVE PHOTO section 1 executive SUMMARY INVESTMENT HIGHLIGHTS • Absolute NNN ownership ideal for hands-off landlords with the ability to capitalize on accelerated depreciation • Strong hedge against inflation with 6.50% increases every 5 years • Location benefits from a total of 12 pumps allowing for constant business • Property is sitting outparcelled to a Food City-anchored shopping center on the main drive from Highway 27 • Over the past 10 years, Soddy-Daisy has seen an almost 13% growth in population within a 1-mile radius • Extremely stable corporate guarantee backing the lease with a market cap of nearly $40 billion 3 section 2 FINANCIAL overview 4 Investment Summary TENANT Summary » OFFERING PRICE $2,295,000 Lease Type Absolute NNN Tenant Circle K Stores Inc » CAP RATE 7.88% Lease Guarantor Circle K Stores Inc » TOTAL BUILDING AREA ±9,396 SF Roof & Structure Tenant Responsible » TOTAL LAND AREA ±1.32 AC (±57,325 SF) Rent Commencement Date Thursday, October 16, 2003 Lease Commencement Date Thursday, October 16, 2003 » NOI $180,915 Lease
    [Show full text]
  • Open PDF File, 1.94 MB, for August 3, 2018 Brief of Exxon Mobil Corporation
    Case 18-1170, Document 69, 08/03/2018, 2359373, Page1 of 125 18-1170 IN THE United States Court of Appeals FOR THE SECOND CIRCUIT EdXXON MOBIL CORPORATION, Plaintiff-Appellant, —against— MAURA TRACY HEALEY, In her official capacity as ATTORNEY GENERAL OF THE STATE OF MASSACHUSETTS, BARBARA D. UNDERWOOD, ATTORNEY GENERAL OF NEW YORK, in her official capacity, Defendants-Appellees. ON APPEAL FROM THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK BRIEF AND SPECIAL APPENDIX FOR PLAINTIFF-APPELLANT THEODORE V. WELLS, JR. PATRICK J. CONLON DANIEL J. TOAL DANIEL E. BOLIA PAUL, WEISS, RIFKIND, WHARTON EXXON MOBIL CORPORATION & GARRISON LLP 22777 Springwoods Village Parkway 1285 Avenue of the Americas Spring, Texas 77389 New York, New York 10019 (832) 648-5500 (212) 373-3000 JUSTIN ANDERSON PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP 2001 K Street, NW Washington, DC 20006 (202) 223-7300 Attorneys for Plaintiff-Appellant Exxon Mobil Corporation Case 18-1170, Document 69, 08/03/2018, 2359373, Page2 of 125 CORPORATE DISCLOSURE Pursuant to Federal Rule of Appellate Procedure 26.1, Plaintiff-Appellant Exxon Mobil Corporation states that it has no parent corporation and no publicly held company owns 10% or more of its stock. Case 18-1170, Document 69, 08/03/2018, 2359373, Page3 of 125 TABLE OF CONTENTS Table of Authorities ................................................................................................. iii I. Preliminary Statement ....................................................................................
    [Show full text]
  • Stripes Convenience Store & Gas Station
    STRIPES CONVENIENCE STORE & GAS STATION 925 Fredericksburg Road, San Antonio, Texas 78201 *Representative Photo *Property Currently Under Contruction Exclusively Offered By: Michael Campbell Ed Colson, Jr. CCIM 619.546.0122 619.546.0121 Michael@InvestCoreCommercial.com Ed@InvestCoreCommercial.com CA Lic #01843521 CA Lic #01382996 | TX Lic #635820 OFFERING STATEMENT / DISCLAIMER InvestCore Commercial presents this Offering which business or affairs of the Property or the Owner since contents to any other entity (except to outside advisors has been prepared by InvestCore Commercial for use the date of preparation of the package. Analysis and retained by you, if necessary, for your determination of by a limited number of parties and does not purport verification of the information contained in this package whether or not to make a proposal and from whom you to provide a necessarily complete summary of the is solely the responsibility of the prospective purchaser. have obtained an agreement of confidentiality) without Property or any of the documents related thereto, nor Additional information and an opportunity to inspect the the prior written authorization of Owner or InvestCore does it purport to be all-inclusive or to contain all of Property will be made available upon written request to Commercial, (iv) not use the package or any of the the information which prospective investors may need interested and qualified prospective investors. contents in any fashion or manner detrimental to the or desire. All projections have been developed by interest of Owner or InvestCore Commercial, and (v) to InvestCore Commercial, the Owner, and designated Owner and InvestCore Commercial each expressly return it to InvestCore Commercial immediately upon sources and are based upon assumptions relating to reserve the right, at their sole discretion, to reject any request of InvestCore Commercial or Owner.
    [Show full text]