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Murphy USA (20-Year Ground Lease)
9941 N Loop Dr, El Paso, TX 79927
Listing Price: $2,546,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Murphy USA in Socorro, TX. The property consists of a 2,824-square-foot, freestanding building that sits on approximately 1.62 acres of land. There are 20 years remaining on the lease with 8% rental increases every five years.
Murphy USA (20-Year Ground Lease)
Investment Highlights
- New 20-Year Ground Lease With 8 Percent Rental Escalations Every Five Years
- Signalized Hard Corner Location on North Loop Drive and Nuevo Hueco Tanks Road; Combined Traffic Counts Exceed 48,565 Vehicles per Day
- Next to Rancho Del Rey Logistics Park, a New 3.7 Million Square Foot Industrial Park on 235 Acres
- Large 1.62 Acre Parcel With Space for Expansion to Accommodate an Additional High-Flow Diesel Bay
Exclusively Listed By
Financing By
Listing Price: $2,546,000
Investment Highlights
- New 20-Year Ground Lease With 8 Percent Rental Escalations Every Five Years
- Signalized Hard Corner Location on North Loop Drive and Nuevo Hueco Tanks Road; Combined Traffic Counts Exceed 48,565 Vehicles per Day
- Next to Rancho Del Rey Logistics Park, a New 3.7 Million Square Foot Industrial Park on 235 Acres
- Large 1.62 Acre Parcel With Space for Expansion to Accommodate an Additional High-Flow Diesel Bay
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Murphy USA in Socorro, TX. The property consists of a 2,824-square-foot, freestanding building that sits on approximately 1.62 acres of land. There are 20 years remaining on the lease with 8% rental increases every five years.
Exclusively Listed By
Financing By
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