1145 E Atlantic St - Service Station FOR SALE


South Hill, VA 23970
$3,107,000 USD
760-448-2449
1145 E Atlantic St, South Hill, VA for Sale
$3,107,000 USD
Service Station - FOR SALE
1/11
null | 5.15% Cap Rate

1145 E Atlantic St
South Hill, VA 23970


HIGHLIGHTS

  • Murphy Oil USA Corporate Guaranty (NYSE: MUSA) – Fortune 500 Company – $21 Billion in Annual Revenue (2024) – 1,700 Locations in 27 States
  • New 20 Year Absolute NNN Ground Lease – 9% Rent Increases Every 5 Years – No Landlord Responsibilities
  • Fronts Walmart Supercenter – Only Walmart within a 20 Mile Radius – Signalized Hard Corner Location (26,000 VPD)
  • High Performing Trade Area for C-Store/Gas Stations (Placer.ai) – Immediate Proximity to Interstate 85 (30,000 VPD)

OVERVIEW

Lee & Associates is pleased to present a brand-new Murphy USA fuel station and convenience store located in South Hill, Virginia. This 2025 construction features the latest Murphy USA prototype on a 0.90-acre parcel and is positioned directly off East Atlantic Street (22,700 VPD) with immediate access to Interstate 85 (33,000 VPD). The property is secured by a 20-year absolute NNN ground lease with zero landlord responsibilities and 9% rent increases every five years. The corporate lease is guaranteed by Murphy Oil USA, Inc. (NYSE: MUSA), a Fortune 500 company operating over 1,700 locations nationwide with annual revenues exceeding $21 billion.

FOR SALE DETAILS

PRICE

$3,107,000 USD

PRICE/SF

$1,100 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,773 SF

ZONING

-

APN/PARCEL ID

31955

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.