11391 Montwood DrEl Paso, TX 79936

This exceptional investment opportunity presents a brand-new, 2,824 square foot Murphy USA convenience store and gas station located at 11391 Montwood Dr, El Paso, TX 79936. Built in 2024, this property sits on a 1.22-acre lot in a high-traffic, signalized location boasting over 43,000 combined vehicles per day. The property benefits from a 20-year absolute NNN ground lease with a corporate guarantee from Murphy USA, a leading retailer with over $25.45 billion in revenue. The lease includes 8% rent bumps every five years, ensuring consistent income growth throughout the lease term. Four, five-year renewal options further extend the investment's longevity. The property's strong financials include a $120,000 annual net operating income (NOI) and a 5.00% cap rate, making it an attractive addition to any portfolio. The location is within a densely populated area with an average household income exceeding $108,000 within a one-mile radius. The asking price is $2,400,000, representing a price per square foot of $849.86. This is a well-priced asset, significantly below replacement cost, offering a secure and profitable investment in a prime El Paso location, the second largest Borderplex in the nation. The lease commenced December 1st, 2024, and expires December 1st, 2044. The property features sixteen fueling positions and is situated on one of El Paso's busiest retail corridors.