Murphy Express Sunrise, FL

10160 West Oakland Park Boulevard
Sunrise, FL

Price: $4,260,000
Cap Rate: 5.00%
NOI: $213,000
Building Size: Approx. 3,440 Sq. Ft.
Lot Size: Approx. 0.9 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2023 Construction. 3,440+/- SF Building on 0.90+/- Acre Site
  • 20-Year Ground Lease w/ 7% Rental Increases Every 5 Years, In Primary Term & Option Periods
  • High Traffic Location on W Oakland Park Blvd (32,500+ VPD), off of N Nob Hill Rd (24,900+ VPD)
  • Site Benefits from Population of Over 351,400 w/in 5-Mile Radius and Average Household Income of Over $100,360
  • Property is Only 9 Miles West of Fort Lauderdale, FL & Fort Lauderdale-Hollywood International Airport
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
  • Sunrise | Home to the 2nd Most Visited Tourist Site in Florida – Sawgrass Mills Mall | Population: 96,306+