Murphy USA Lewisville, TX

960 State Hwy 121
Lewisville, TX

Price: $3,190,000
Cap Rate: 5.00%
NOI: $159,500
Building Size: Approx. 2,824 Sq. Ft.
Lot Size: Approx. 1.34 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2022

Investment Overview

  • 2022 Construction. 2,824+/- SF Building. 1.34+/- Acre Site
  • 15-Year Absolute NNN Ground Lease with 10% Rent Increases Every 5 Years in Primary Term & 4 Option Periods
  • High-Traffic Signalized Corner Location on State Highway 121 (47,452 VPD)
  • Excellent Underlying Real Estate Fundamentals | Large 1.4 Parcel on Signalized Corner of Two Major Thoroughfares in North Dallas
  • Lewisville is an Established DFW Suburb | 135,983+ Residents | $89,233+ Median Household Income
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $4.28B in Revenue Across 1,800+ Locations
  • Lewisville | Located in the Dallas–Fort Worth Metroplex — 4th Largest MSA in the U.S. | Population: 135,983+

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