$2,475,000 USD
720-604-2220
7150 Leetsdale Dr
Denver, CO 80224
Washington Virginia Vale
HIGHLIGHTS
- Long-term ground lease with 20 years remaining
- 8% rental increases every five years in primary term & renewal options
- Low ground rent and price point that is well-below replacement cost
- Brand-new construction property scheduled to open in October 2026
- Tenant is paying rent as it commenced on 4/13/2026
- Corporate lease to Murphy Oil USA, Inc. (S&P: BB+)
FOR SALE DETAILS
PRICE
$2,475,000 USD
PRICE/SF
$996 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Murphy USA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.02 AC
LAND SF
44,431 SF
ZONING
-
APN/PARCEL ID
6174-00-195
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
720-604-2220
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
720-604-2220
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
