A newly constructed retail building, Murphy’s Express, is on the market in Littleton, Colorado, with an asking price of $3,995,000. The property includes a convenience store and gas station, situated on 1.24 acres along a busy traffic and retail corridor.
The building, which spans 2,842 square feet, is part of a 20-year absolute net lease with a corporate guarantee from Murphy USA, featuring 10% rental increases every five years. The lease is set to expire on June 30, 2045, leaving 19.6 years remaining on the lease term.
Murphy USA, ranked #214 on the Fortune 500 list, has a credit rating of “BB+” from S&P and generates over $20 billion in annual revenue, operating more than 1,760 locations. The Littleton property enjoys proximity to urban amenities while also benefiting from the suburban environment, making it attractive to residents and businesses alike.
The site benefits from strong visibility and traffic, with daily combined vehicle counts exceeding 36,000. With a high household income average of over $141,000 within a three-mile radius and a population of over 148,000 within five miles, the location is positioned for growth.
Additionally, the property is located near schools, parks, and major roadways, ensuring consistent foot traffic and easy access. It is directly across from a Walmart Supercenter, which attracts over 2 million visitors annually, and is minutes from the Southwest Plaza shopping mall, enhancing its appeal for potential businesses.
Source: Property Listing