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Murphy USA - Brownsville, TX 6101 Paredes Line rd

2,824 SF 100% Leased Retail Building Brownsville, TX 78526 $2,340,000 ($829/SF) 5% Cap Rate

Investment Highlights

  • Brand New 20-Year Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
  • Brand New 2024 Construction | Estimated Completion December 2024
  • High Visibility and Easily Accessible Hard Corner Location At The Signalized Intersection of Paredes Line Rd and E Alton Gloor Blvd
  • Corporately Guaranteed By Murphy USA - A Leading Retailer of Gasoline and Convenience Store Products With Over 1,730 Stores
  • Murphy Oil USA, Inc. is a Publicly Traded Company (NYSE: MUSA) With a $8.71B Market Cap
  • Large and Growing Demographics - Over 143,000 People Within a 5-Mile Radius

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,824 SF Murphy USA Located at 6101 Paredes Line Road in Brownsville, TX. This Deal Includes a Brand New 20-Year Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities and Corporately Guaranteed By Murphy USA, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,824 SF
Year Built
2024
Price
$2,340,000
Price Per SF
$829
Cap Rate
5%
NOI
$117,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Land Acres
1.95 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Murphy USA
  • Retailer
  • 2,824 SF
  • $41.43
  • Dec 2044
Tenant Industry SF OCCUPIED RENT/SF Lease End
Murphy USA Retailer 2,824 SF $41.43 Dec 2044
  • Listing ID: 33799860

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 6101 Paredes Line rd, Brownsville, TX 78526

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