Murphy USA | Ground Lease Cleburne, TX

2002 N Main St
Cleburne, TX

Price: $2,291,500
Cap Rate: 5.15%
NOI: $118,000
Building Size: Approx. 2,824 Sq. Ft.
Lot Size: Approx. 1.08 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2024

Investment Overview

  • 2024 Construction. 2,824+/- SF Building on 1.08+/- Acre Site
  • 20-Year Corporate Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years, In Primary Term & Option Periods
  • Large Format Store | 16 Fueling Positions with 8 Pumps That Sit on an Oversized Parcel of 1.08 Acres.
  • Strategically Located on the Main Retail Corridor That Sees over 25,000 VPD and Is Pad Site to a High Performing Lowe’s Home Improvement.
  • Located in Close Proximity to Fort Worth, Which Is Currently the #1 Fastest-Growing Large City in the U.S., and Dallas, Ranked #1 in the Country for Total Job Growth.
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
  • Cleburne | Ranked #4 ‘Best Cities to Relocate to in America| Population: 33,826+

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