NWC of E. Mississippi Avenue and S. Chambers Road - Freestanding FOR SALE


Aurora, CO 80012- City Center
$3,700,000 USD
973-632-1386
NWC of E. Mississippi Avenue and S. Chambers Road, Aurora, CO for Sale
$3,700,000 USD
Freestanding - FOR SALE
1/10
null | 5% Cap Rate

NWC of E. Mississippi Avenue and S. Chambers Road
Aurora, CO 80012
City Center


HIGHLIGHTS

  • New 20-year absolute NNN ground lease with 4 (5-year) options to extend | Rare 10% rent increase every 5 years (Other Murphy leases primarily feature)
  • At the signalized, corner intersection of E. Mississippi Ave and S. Chambers Rd (combined 71,100 VPD) | Nearby on/off ramps of I-225 (132,000 VPD)
  • Across from the King Soopers grocery-anchored Village Green Plaza shopping center, which attracts over 2M annual visits (per Placer.ai)
  • Outparcel to the Aurora Plaza shopping center (115,000 SF), adjacent Wendy’s pad | 3 miles from the Buckley Space Force Base (11,000 personnel)
  • Limited gas station competition at intersection and in immediate area (King Sooper’s has no gas across street)
  • More than 384,500 residents (AHHI $98,474) and 125,200 employees in the 5-mile trade area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed (NYSE: MUSA), Murphy Oil investment property located in Aurora, Colorado (Denver MSA). The tenant, Murphy Oil 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 10% 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 absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$1,302 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA | New 20yr Corp Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

MU-C

APN/PARCEL ID

1975-18-4-43-001

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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