Murphy USA | Ground Lease El Paso, TX

11391 Montwood Dr
El Paso, TX

Price: $2,400,000
Cap Rate: 5.00%
NOI: $120,000
Building Size: Approx. 2,824 Sq. Ft.
Lot Size: Approx. 1.22 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2024

Investment Overview

  • 2024 Construction. 2,824+/- SF Building on 1.22+/- Acre Site
  • 20-Year Absolute NNN Ground Lease w/ Corporate Guarantee & 8% Rental Increases Every 5 Years, In Primary Term & Option Periods
  • Located on a High-Traffic Signalized Intersection (43,000+ Combined VPD) on One of El Paso’s Busiest Retail Corridors
  • Affluent, Densely Populated Community | Population of 20k+ with an Average Household Income of $108,000+ Within 1 Mile Radius
  • Priced Well Below Replacement Cost | New Murphy USA Large Format Store with 16 Fueling Positions on 1.22 Acres
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
  • El Paso | 2nd Largest Borderplex in the Nation | Population: 677,181+

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