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Marathon-Branded Gas Station and Store to Open at 100 W. Broadway by Year-End

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Key takeaways

  • A Marathon gas station and convenience store is slated to open at 100 W. Broadway, the site of a Thorntons station that closed in early 2024.
  • Deed records show 100 Broadway LLC bought the property in mid-2025 for $2.81 million.
  • Gas tanks, new pumps and new signage are already in place, and the station is expected to open by the end of the year.
  • Marathon Petroleum declared a quarterly dividend of $1.10 per share, a 10% increase, payable December 10, 2026.

A Marathon gas station and convenience store is slated to open at 100 W. Broadway, the site of a Thorntons station that closed in early 2024, with an opening expected by the end of the year. Yahoo published the report. Marathon Petroleum is the refining and marketing company whose brand appears on the station's signage.

Pumps, Signage and a $2.81 Million Sale

Gas tanks and new pumps have already been installed at the site, and new signage has recently appeared there, said Karan Singh, a real estate agent with 85W Real Estate who represented the site's new owners in a June 2025 transaction. Deed records show 100 Broadway LLC bought the property in mid-2025 for $2.81 million. The LLC's registered agent is Gursewak Singh, and its address is 3301 Newburg Road, the site of a BP gas station.

An Indianapolis-based group that owns many other gas stations purchased the property, Karan Singh said, declining to identify the group. One of the group's team members is based in Louisville and will handle operations, he added.

"They're renovating the whole property, so it'll be a whole new look," Karan Singh said. "They're coming with new concepts for food and are keeping (Jefferson Community & Technical College) and the students in mind. I think it'll be a nice little place for students to stop by."

Marathon Petroleum's Refinery and Dividend Moves

Marathon Petroleum is selling two of its refineries in the US Midcontinent to sharpen its focus on the US Gulf Coast, Energyintel reported on November 3, 2026. On October 28, 2026, Marathon Petroleum declared a quarterly dividend of $1.10 per share, a 10% increase over the prior $1.00, payable December 10, 2026, to shareholders of record as of November 18, 2026, PR Newswire reported. The company elected David E. Constable to its board of directors effective March 1, 2027, bringing the board to 11 directors, PR Newswire reported on October 29, 2026.

Fuel Retail Expansions Elsewhere

Uzbekneftegaz increased gasoline stocks at its depots 2.5-fold compared with last year and expanded its filling station network from 31 to 152 stations, Uzdaily reported on October 30, 2026. Gulf Oil is continuing a preliminary assessment of a proposed fuel station network along Uzbekistan's major highways, evaluating profitability before a final investment decision, Uzdaily reported the same day. SOCAR opened its 100th gas station in Romania, in Galați, on October 30, 2026, Trend reported. Petrosol Ghana, which operates 109 service stations, plans to expand in 2027 through stronger corporate partnerships, MyJoyOnline reported on November 3, 2026.

Marathon Petroleum's Board Date

David E. Constable's election to the Marathon Petroleum board takes effect March 1, 2027, PR Newswire reported. The company's quarterly dividend of $1.10 per share is payable December 10, 2026.

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Sources

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