Murphy Express | GL Hurst, TX

360 Grapevine Highway
Hurst, TX

Price: $3,250,000
Cap Rate: 4.00%
NOI: $130,000
Building Size: Approx. 2,750 Sq. Ft.
Lot Size: Approx. 1.31 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2020

Investment Overview

  • 2020 Construction. 2,750+/- SF Building on 1.31+/- Acre Site
  • New 20 Yr Absolute NNN Ground Lease w/ (4) 5 Yr Options to Renew
  • Strategically Located at the Intersection of Hwy 16 & Mid Cities Blvd (45K VPD)
  • Near Sprouts Farmers Market, Wingstop, McDonald’s, Kohl’s, Petco, Tom Thumb
  • Strong Income Demographics w/ est. $146,713 within a 1-Mile Radius
  • Hurst  |  North of Fort Worth  |  Population: 38,000+