Listed by Marcus & Millichap - San Diego
$3,995,000
MURPHY EXPRESS | 20YR ABS. NET GROUND | 2025 CONSTRUCTION
Details
APN 59-173-14-128
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,842
Units 1
Cap Rate 5.01%
NOI $200,000
Tenancy Single
Brand/Tenant 76 Gas, Arco Gas Station
Lease Expiration 06/29/2045
Remaining Term 19.1
Rent Bumps Yes
Price per SqFt $1,406
Class A
Year Built 2025
Stories 1
Acreage 1.240
Investment Type Net Lease
Ground Lease No
Retail | 5.01% CAP | 2,842 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
Investment highlights
- 20-Year Absolute Net Ground Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2025 High Quality Construction.
- Positioned Along Area’s Major Traffic & Retail Corridor. Signalized Hard Corner Location: Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 36k Vehicles.
- Ranked #214 on the Fortune 500 List. Murphy USA (NYSE: MUSA) Features a Credit Rating of “BB+” by S&P’s and has an Annual Revenue Exceeding $20.24 Billion with more than 1,760 Locations.
- Located less than 10 Miles from Downtown Denver, this Property Offers Proximity to Urban Amenities while benefiting from Littleton’s Suburban Tranquility. This Balance Appeals to both Residents and Businesses seeking Accessibility.
- Prime Corner Location – High-Visibility Site on W Ida Ave, surrounded by Residential Neighborhoods and Daily Commuter Traffic, Offering Strong Exposure and Accessibility.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $141k within a 3-Mile Radius and over 148k People Residing within a 5-Mile Radius.
- Immediate Access to/from CO-470 - provides quick Access to Major Highways, enhancing Connectivity to the Denver Metro Area and Surrounding Regions. This Strategic Location Offers Convenience for both Commuters and Businesses, Driving Traffic and Growth Potential.
- Positioned near Schools, Parks, and Major Roadways, this Location Attracts Consistent Foot Traffic and Drive-By Customers, offering High Visibility and Easy Access. Ideal for Businesses looking to Capture Steady Daily Customer Flow. Directly Across from a Walmart Supercenter (w/ 2.28M+ Annual Visitors). Minutes from Southwest Plaza – a Two-Level Enclosed Shopping Mall featuring over 150 Stores, including Anchor Tenants like Dillard’s, JCPenney, and Dick’s Sporting Goods.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,000.00
$16,666.67/mo
Valuation Metrics
0
DSCR
5.01%
Cap Rate
5.01%
ROI
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