SEC Highway 195 and Stan Schlueter Loop, Killeen, TX 76549 For Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee (land ownership) in an absolute NNN leased, Murphy USA investment property located in Killeen, Texas. The tenant, Murphy USA, Inc., recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 8% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is a absolute NNN Ground Lease with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

Murphy USA is joining the newly developed shopping center commonly known as The Shops at Killeen, alongside national and credit tenants such as Chick-fil-A, Whataburger, Chipotle, and Black Rock Coffee, creating a strong and consistent flow of consumers to the site. The asset is located on the signalized, hard corner intersection of W Stan Schlueter Loop and Highway 195 with a combined (51,800 VPD). W Stan Schlueter Loop is the major retail thoroughfare serving the city of Killeen. The asset is adjacent to a H-E-B anchored Shopping Center along with Dutch Bros, Panda Express, Burger King, Great Clips, and more. The property is located in the center of a primary retail corridor and is surrounded by numerous national and credit tenants, including Walmart Supercenter, ALDI, Office Depot, Lowe’s, Tractor Supply Co., Hobby Lobby, Pet Supplies Plus, Starbucks, McDonald’s, Jimmy John’s, and Planet Fitness, which significantly strengthens the area’s retail draw and customer activity. The subject property is in close proximity to Ellison High School, a 5A school with over 1,600 students, allowing Murphy USA to benefit from daily commuter traffic from students, teachers, faculty, and staff. The 5-mile trade area is supported by a population of over 168,000 and 39,000 employees with an average household income of $79,138.