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4990 E EVANS AVE Denver CO 80222-5216

[Locked] • APN 0630200038000

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Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Building SqFt 2,803
Lot SqFt 59,514
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code S-MX-3A
Year Built 2022
Building Count 2
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Lease Type ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station
Investment Highlights
  • Brand-new single-tenant Murphy Express investment opportunity, offering ±19.5 years remaining on an absolute triple-net (NNN) ground lease with 10% increases every five years.

  • Murphy USA Inc. (NYSE: MUSA) operates ±1,679 retail locations across 27 states under the brands Murphy USA, Murphy Express, and QuickChek, generating ±$17.36 billion of revenue in 2021.

  • The average household income within a 3-mile radius is over $139,000 (Source: Esri).

  • The Property is well-positioned on the heavily trafficked Evans Ave (±50,584 VPD) and is located just east of I-25, one of the busiest highway segments in Colorado (±235,000 VPD) (Sources: CODOT, 2021 & CoStar, 2022).

  • Located in the heart of Denver, the Property has a population of ±466,377 within a 5-mile radius and ±1,508,076 within a 10-mile radius (Source: Esri).

  • Located less than 15 minutes from the Property is the Empower Field at Mile High, home of the NFL’s Denver Broncos (76,125 seats), Coors Field, home of the MLB’s Colorado Rockies (50,144 seats), and Ball Arena, home of the NBA’s Denver Nuggets (19,099 seats).

  • As the capital of Colorado, Denver is a robust and rapidly growing city with a metro area population over 2.8 million. The city has thriving tourism with ±31.7 million total visitors in 2021, which resulted in $6.6 billion in spending (Source:Denver.org/tourism).

  • Nearby national retailers include Target, Marshalls, Regal Theatres, Total Wine & More, Natural Grocers, Dave & Buster’s, Best Buy, Sherwin Williams, Wells Fargo, Advanced Auto Parts, McDonald’s, and many more.

  • University of Denver, a private institution that was founded in 1864 and has approximately 12,000 students, is located on the same street (E Evans Ave) as the Property and is ±7 minutes away.

  • Cherry Creek shopping center, a luxury mall with over 160 retailers including Apple, Burberry, Chanel, Gucci, Hermes, Louis Vuitton, Neiman Marcus, Nordstrom, and many more is located ±10 minutes away.

Activated On
02/27/2023 22:16:41
Sold Price
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Description
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Marketing Description
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Investment Highlights
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Remaining Term
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Tenancy
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Tenant Credit Profile
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Occupancy
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Brokers
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Lease Type
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Sale Cap Rate
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Sale Net Operating Income
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Price/Sq Ft
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Asking Price
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Asking Cap Rate
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Days on Market
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Brokerage(s)
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Rent Bumps
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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station
Asking Details
Asking Cap Rate
******
Marketing Description

Investment Highlights
  • Brand-new single-tenant Murphy Express investment opportunity, offering ±19.5 years remaining on an absolute triple-net (NNN) ground lease with 10% increases every five years.

  • Murphy USA Inc. (NYSE: MUSA) operates ±1,679 retail locations across 27 states under the brands Murphy USA, Murphy Express, and QuickChek, generating ±$17.36 billion of revenue in 2021.

  • The average household income within a 3-mile radius is over $139,000 (Source: Esri).

  • The Property is well-positioned on the heavily trafficked Evans Ave (±50,584 VPD) and is located just east of I-25, one of the busiest highway segments in Colorado (±235,000 VPD) (Sources: CODOT, 2021 & CoStar, 2022).

  • Located in the heart of Denver, the Property has a population of ±466,377 within a 5-mile radius and ±1,508,076 within a 10-mile radius (Source: Esri).

  • Located less than 15 minutes from the Property is the Empower Field at Mile High, home of the NFL’s Denver Broncos (76,125 seats), Coors Field, home of the MLB’s Colorado Rockies (50,144 seats), and Ball Arena, home of the NBA’s Denver Nuggets (19,099 seats).

  • As the capital of Colorado, Denver is a robust and rapidly growing city with a metro area population over 2.8 million. The city has thriving tourism with ±31.7 million total visitors in 2021, which resulted in $6.6 billion in spending (Source:Denver.org/tourism).

  • Nearby national retailers include Target, Marshalls, Regal Theatres, Total Wine & More, Natural Grocers, Dave & Buster’s, Best Buy, Sherwin Williams, Wells Fargo, Advanced Auto Parts, McDonald’s, and many more.

  • University of Denver, a private institution that was founded in 1864 and has approximately 12,000 students, is located on the same street (E Evans Ave) as the Property and is ±7 minutes away.

  • Cherry Creek shopping center, a luxury mall with over 160 retailers including Apple, Burberry, Chanel, Gucci, Hermes, Louis Vuitton, Neiman Marcus, Nordstrom, and many more is located ±10 minutes away.

Loan History

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Financial History

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****** Data
Net Operating Income
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Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Zoning

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S-MX-3A MixedMixed UseSuburban Neighborhood Context Mixed Use 3a
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
JC
Joe Compagno PRO
•••.•••.3783
joe@•••••••••••••••••.com
Launch Development Group
Listing removed on
 BY:
BF
Benjamin Farthing PRO
•••.•••.0784
••••••••.••••hing@••••.com
Brokerage logo
Listing removed on
 BY:
LG
Logan Grant
•••.•••.4754
•••••.•rant@••••.com
Brokerage logo

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