Murphy USA Ground Lease

Murphy USA | Odessa, TX

Sands Investment Group is Pleased to Exclusively Offer For Sale a 2,800 SF Murphy USA Ground Lease in Odessa, Texas. This Opportunity Includes a Long Term 20 Year Ground Lease Backed By a Strong Credit Rated Corporate Guarantee (NYSE: MUSA), Providing For a Secure Investment.

  • Long Term 20 Year Ground Lease Backed By a Strong Credit Rated Corporate Guarantee (NYSE: MUSA)
  • New Construction Large Store Prototype Murphy USA With 10 Pumps and a Scheduled Completion of May 2021
  • Murphy USA Annual Revenues in Excess of $11.9 Billion With an S&P Rating of “BB+”
  • The Property is Well Positioned at the Hard Corner of Faudree Rd & TX Hwy 191 Which Sees a Combined Traffic Counts Over 61,426 VPD
  • TX Hwy 191 is the East West Thoroughfare Connecting Midland to Odessa – Which Allows For Ample Going to Work and Coming Home Traffic
  • Texas is an Income Tax Free State
  • Dense Infill Location With a Population 49,932 Residents Making an Average Household Income of $107,960 Within a 5-Mile Radius
  • Just 5 Minutes From the University of Texas Permian Basin Which Serves Over 8,000 Students and Staff
  • In 2018, Odessa Was the 2nd Fastest Growing City in the Country and is Expected to See an Average of 4% Growth Annually
  • Nearby Tenants Include: FedEx Ship Center, Pilot Travel Center, Home Depot, IHOP, Academy, Best Buy, Cavender’s, Conn’s Home Plus, Dollar General, Tractor Supply and Rosa’s Cafe

In Cooperation With Sands Investment Group Austin, LLC  Lic. #9004706

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Stripes C-Store Asset

Stripes | Faudree Rd | Odessa, TX

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,833 SF Stripes C-Store Asset Located at 3351 Faudree Road in Odessa, Texas. This Deal Includes a 20 Year Absolute Triple Net (NNN) Lease That is Available As a Portfolio or Individually, Providing For a Unique Investment.

  • Available As a Portfolio or Individually
  • 20 Year Absolute Triple Net (NNN) Lease – The Tenant Recently Extended the Lease For an Additional 10 Years Showing Strong Commitment to the Location
  • Parent Company Investment Grade Credit – Sunoco’s General Partner, Energy Transfer Partners, Carries an Investment Grade Credit Rating of BBB- (S&P)
  • The Property Has a Scheduled Rent Increase of 7.5% in October 2024
  • Recession and Pandemic Resistant Tenant; C-Stores Have Thrived Throughout the Pandemic and Have Shown Strong Profitability
  • Potential For Credit Upgrade – Most Stripes Locations Were Acquired By 7-Eleven in 2017; The West Texas Locations Were Subject to a Non-Compete With Delek Holdings; Delek Holdings Licensing Agreement With 7-Eleven Expires in December 2022, Setting Up For the Remaining Stripes to Be Acquired
  • The Site Features the Well-Known Laredo Taco Company Tex-Mex Brand, Which Provides a Unique Traffic Driver to the Location
  • C-Stores Typically Can Qualify For Bonus and Accelerated Depreciation, Which Can Significantly Increases an Investor’s Cash Flow
  • Texas is an Income Tax-Free State

In Cooperation With Sands Investment Group Austin, LLC
Lic. # 9004706 BoR: Max Freedman – Lic. # 644481

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities