Murphy USA Roswell, NM

1001 W 2nd St
Roswell, NM

Price: $1,704,347
Cap Rate: 5.75%
NOI: $98,000
Building Size: Approx. TBD Sq. Ft.
Lot Size: Approx. 1.1 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2023

Investment Overview

  • 2024 Construction. TBD Building Area on 1.10+/- Acre Site
  • 20-Year Absolute NNN Ground Lease with 8% Rental Increases Every 5 Years and (4) 5-Year Options to Renew
  • Excellent Hard Corner Location on W 2nd Street & N Union Avenue (17.500+ VPD)
  • Site Benefits from Over 49,235 People Living within 5 Miles and an Average Household Income Over $88,130
  • Near Several Nationally Recognized Tenants Including Sonic, Dollar General, Subway, Dairy Queen, and More
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
  • Roswell | Ranked as the Most Affordable City in New Mexico | Population: 46,355+

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