Murphy USA Dallas, TX

500 South Buckner Boulevard
Dallas, TX

Price: $2,417,000
Cap Rate: 5.00%
NOI: $120,850
Building Size: Approx. 2,824 Sq. Ft.
Lot Size: Approx. 1.1 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2023 Construction. 2,824+/- SF Building on 1.10+/- Acre Site
  • 20-Year Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years Plus (4) 5-Year Options to Renew
  • Signalized, Hard Corner Location at Intersection of Elam Rd (9,400 VPD) & Buckner Blvd (20,000 VPD)
  • Near National Retailers Including McDonald’s, AutoZone, Dollar Tree, Subway, USPS, & Family Dollar
  • High Growth Trade Area – Surrounded by Over 96,000 Residents Living w/in 3-Mile Radius
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
  • Dallas  |  4th Largest MSA in the United States |  Population: 1.35 Million

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