Secure Net Lease Facilitates Colorado Murphy USA Sale
Matthew Scow Oversees Smooth Transaction with Private 1031 Buyer
Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of a freestanding Murphy USA located in Evans, Colorado. The transaction was completed with a private, all-cash buyer out of New York who was in a 1031 exchange, further demonstrating Secure Net Lease’s ability to align motivated investors with high-quality convenience store assets nationwide.
Matthew Scow, who represented the seller, shared, “This whole deal went really smoothly from start to finish. The broker was easy to work with and kept things moving along, which made the process easy. Due diligence got handled quickly and the buyer was ready to close as soon as we had the ROFR and the estoppel in hand. Overall, it was a straightforward, no-stress transaction.”
The property is situated at 3501 37th Street in Evans, directly in front of a high-performing Walmart Supercenter. The Murphy USA store totals ±2,824 square feet and sits on a prime parcel with strong visibility and easy access. The location benefits from excellent traffic counts, surrounding national retailers, and a dense residential base. Evans is part of the growing Greeley MSA, an area experiencing steady population and economic expansion, which further supports long-term tenant performance and investment stability.
This closing highlights Secure Net Lease’s ability to execute transactions efficiently while managing key deal components such as due diligence and estoppel delivery. By leveraging strong broker relationships and working with a prepared buyer, the process moved seamlessly from contract to close.
Murphy USA Inc. (NYSE: MUSA), headquartered in El Dorado, Arkansas, operates more than 1,700 retail fuel stations across the United States, primarily adjacent to Walmart locations. Known for its low-cost fuel strategy and convenience store offerings, Murphy USA has established itself as a reliable performer in the retail fuel sector. Its scale, operating efficiency, and long-standing partnership with Walmart make it a desirable tenant in the net lease market, providing investors with dependable cash flow and strong real estate fundamentals.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.
