12505 East Northwest Highway
Murphy USA Corporate Ground Lease - 12 Years Remain on Current Term - Zero Landlord Responsibilities
Marketing description
DUWEST Investment Sales is pleased to present the opportunity to acquire Murphy USA
("the Property") located at 12505 E Northwest Highway (41,001 VPD) in Dallas, Texas. The
property benefits from direct access to I-635 (177,546 VPD), a corporate ground lease with
12 years remaining on the current term, exposure to more than 58,000 vehicles per day at
the intersection of Northwest Highway & Shiloh Road, and embedded appreciation via 8%
contractual rent increases every 5 years. These factors collectively provide an attractive
investment for those seeking guaranteed long-term income in one of Dallas' busiest
corridors.
Northwest Highway serves as North Dallas’ main east to west thoroughfare, serving
commuter, residential, and commercial traffic from the north end of Dallas Love Field
International Airport, where it merges with State Highway 114, to its terminus at I-30 in
Mesquite. Along its route, it passes through some of DFW’s most prolific retail nodes, such
as Preston Center at the Dallas North Tollway, and NorthPark Center at its junction with US-
75. The Property’s position along this vital artery offers exceptional traffic counts to support
a gas station, with E Northwest Highway, Shiloh Road, and I-635 collectively accounting for
exposure to 235,670 vehicles per day.
Murphy USA is one of the Nation's largest gas station and convenience store chains,
operating 1,800 locations across 27 states. In 2025 alone, the brand recorded $19.4 billion
in revenue and achieved an aggressive growth target of 50 new-to-industry stores. Moving
forward, Murphy USA plans to maintain their aggressive growth model, with 55 more new
locations planned for delivery in 2026. Additionally, the company plans to complement their
fuel revenue with an expanded focus on offered retail products as a hedge against fuel
margin volatility.
Investment highlights
LOCATED IN A DENSE, HIGHLY TRAFFICKED CORRIDOR
○ Direct access to I-635 (177,546 VPD)
○ Exposure to more than 58,000 VPD on the hard corner of E Northwest Highway & Shiloh Road
○ Nearly completed construction on Shiloh Road will increase accessibility
○ A total population of 379,489 within 5 miles provides embedded density
CORPORATELY GUARANTEED INCOME
○ Murphy USA operates over 1,800 locations across 27 states
○ In 2025, the brand recorded 19.4 billion in revenue
○ Murphy USA is experiencing stable and healthy growth, targeting 50+ new locations annually
○ 12 years remain on the current lease term
CONTRACTUAL RENT GROWTH AND LIMITED LANDLORD
RESPONSIBILITIES
○ 8% contractual rent increases every 5 years provide an increasing yield and a strong hedge against inflation
○ Absolute net ground lease provides for zero landlord responsibilities
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
