SNL Closes Texas Murphy USA Sale in the Rio Grande Valley

Secure Net Lease, a nationally recognized brokerage firm specializing in the acquisition and disposition of investment real estate, has successfully closed the sale of a freestanding Murphy USA property located in Alamo, Texas. The asset was acquired by a Texas-based all-cash buyer seeking stable NNN investments, highlighting continued investor demand for high-performing convenience retail in the Rio Grande Valley.

Harrison Cooper shared, “This was actually my first deal with Secure Net Lease, so I was glad it went as smoothly as it did. We represented the developer on this Murphy USA in Alamo, and overall the transaction came together really well. We were able to generate strong interest and ultimately close at a very competitive cap rate for the market.”

The Murphy USA is strategically positioned at the signalized hard corner of FM 495 and Alamo Road, just north of Interstate 2/U.S. 83 in the heart of the McAllen–Edinburg–Mission MSA. The site benefits from strong daily traffic counts exceeding 80,000 vehicles at the nearby interstate, providing exceptional visibility and accessibility. The property is located within a dominant retail corridor anchored by Walmart and H-E-B, with additional nearby national retailers and service providers driving consistent consumer traffic. The surrounding area is supported by major regional demand drivers including the University of Texas Rio Grande Valley, South Texas College, prominent healthcare facilities, and McAllen International Airport. The Rio Grande Valley continues to experience steady economic and population growth, supported by retail, healthcare, education, and international trade, reinforcing long-term viability for well-located retail assets.

“Everything moved efficiently on both the buyer and seller side, which always makes a difference. We’ve worked with the buyer’s broker on multiple transactions before, so there was already a level of trust and familiarity there that helped keep the process on track. I believe we only had the property on the market for about 40 days, so it turned around relatively quickly. It was a solid deal all around” Harrison concluded.

Murphy USA (NYSE: MUSA) is one of the largest independent gasoline and convenience retailers in the United States, operating more than 1,750 locations across 27 states. Known for its strategic positioning adjacent to Walmart Supercenters and high-volume retail corridors, Murphy USA maintains a strong operating model focused on value-driven fuel and merchandise sales. The company’s scale, brand recognition, and consistent performance make it a highly desirable tenant in the net lease investment market, offering investors dependable long-term income backed by an established national operator.

About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.