MURPHY USA | 100 Benton Spur
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MURPHY USA 100 Benton Spur
2,824 SF Retail Building Bossier City, LA 71111 $2,000,000 ($708/SF) 5.75% Cap Rate
Investment Highlights
- Brand new 2025 construction with an estimated rent commencement of February 2025.
- Attractive 8% rental increases every 5 years for the life of the lease Corporately guaranteed lease (S&P rated BB+).
- Traffic counts at the intersection exceed ±36,400 vehicles daily.
- 20-Year Absolute NNN ground lease with zero management responsibilities.
- Located at the hard signalized corner of Benton Spur & Old Minden Rd.
- Strong retail corridor with many nation tenants such as such as Texas Roadhouse, O’Reilly’s, McDonalds, Whataburger and more.
Executive Summary
Broker of Record
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,824 SF
Building Class
C
Year Built
2024
Price
$2,000,000
Price Per SF
$708
Cap Rate
5.75%
NOI
$115,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
1.51 AC
Zoning
Commercial
Parking
10 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 127405 | Improvements Assessment | $25,105 |
Land Assessment | $42,250 | Total Assessment | $67,355 |
PROPERTY TAXES
Parcel Number
127405
Land Assessment
$42,250
Improvements Assessment
$25,105
Total Assessment
$67,355
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MURPHY USA | 100 Benton Spur
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