853 FM 3009 - Retail FOR SALE


Schertz, TX 78154
$1,982,880 USD
202-361-3050
853 FM 3009, Schertz, TX for Sale
$1,982,880 USD
Retail - FOR SALE
1/3
null | 5% Cap Rate

853 FM 3009
Schertz, TX 78154


HIGHLIGHTS

  • Corporate Tenant - Murphy USA (NYSE: MUSA) - National fuel retailer with 1,700+ locations
  • Absolute NNN Ground Lease - Zero landlord responsibilities (tenant pays taxes, insurance & maintenance).
  • 11+ Years of Term Remaining - Provides long-term stable income with $99,144.00 ???
  • 8% Rent Increases Every 5 Years - Built-in rental growth throughout the lease term.
  • Newer Construction (Built 2017) - Modern 1,260 SF building on 0.83 acres.
  • High-Traffic FM 3009 Corridor - Surrounded by dense residential and retail development.

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,982,880 USD

PRICE/SF

$1,574 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Corporate Murphy Oil

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,204 SF

ZONING

Commercial

APN/PARCEL ID

1G3943-0001-00200-0-00

ASK ABOUT THIS PROPERTY

Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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