Corporate Murphy Express (a subsidiary of Murphy USA) is located at 853 FM3009 in Schertz, within the growing San Antonio MSA. The property consists of a 1,260 SF retail building situated on 0.831 acres and was constructed in 2017. The tenant operates under a 20-year Absolute NNN lease that commenced July 12, 2017 and runs through July 12, 2037, featuring 8% rental increases every five years and four renewal options. This structure provides investors with stable, passive income and long-term rent growth.
Offered at $1,982,880 with an annual NOI of $99,144.00 the asset reflects an approximate 5% cap rate. The property benefits from strong commuter traffic along FM 3009 and continued residential expansion in the trade area. As a necessity-based fuel and convenience retailer, Murphy Express offers recession-resistant demand and consistent customer traffic. This investment presents a secure, corporate-backed net lease opportunity in a high-growth Texas market. In Association with Broker of Records
Bethany Babcook
Foresite Commercial Real Estate