2001 E Hwy 21 - Storefront FOR SALE


Bryan, TX 77803
$2,400,000 USD
949-903-8099
2001 E Hwy 21, Bryan, TX for Sale
$2,400,000 USD
Storefront - FOR SALE
1/8
null | 5% Cap Rate

2001 E Hwy 21
Bryan, TX 77803


HIGHLIGHTS

  • Corporate Guaranteed | Brand-New 20 Year Lease | Scheduled Rental Increases | Options To Extend
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
  • Colony Park Shopping Center | Primary Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee (land ownership) in an absolute NNN leased, Murphy USA investment property located in Bryan, Texas. The tenant, Murphy USA, Inc., recently signed a brand new 20 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 8% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is a absolute NNN Ground Lease with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Murphy USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C-3

APN/PARCEL ID

167700-0001-0011

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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