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Murphy USA 1707 S Pueblo Blvd 2,824 SF Retail Building Pueblo, CO 81005 $3,586,688 CAD ($1,270.07 CAD/SF) 5% Cap Rate
Investment Highlights
- Long-term ground lease with 18+ years remaining
- 8% rental increases every five years (next increase on 12/1/2029) in primary term & renewal options
- Densely populated area with approximately 15,000 people in 1-mile
- Top performing location on Placer.ai that is ranked #7 in Colorado and in the 83rd percentile in U.S.
- Recently constructed property that opened in December 2024
- Limited gas competition in immediate corridor
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,824 SF
Building Class
B
Year Built
2024
Price
$3,586,688 CAD
Price Per SF
$1,270.07 CAD
Cap Rate
5%
NOI
$179,334 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.92 AC
Zoning
B3
Frontage
Amenities
- Corner Lot
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Murphy USA began in 1996 and became an independent company in 2013 after a spin-off from Murphy Oil. The company markets retail motor fuel and convenience merchandise through Murphy USA and Murphy Express stores, and it also operates the QuickChek brand and non-fuel convenience stores. Murphy USA maintains a broad retail footprint across the Southwest, Southeast, Midwest, and Northeast United States, with a business model centered on fuel sales, convenience items, and roadside stops for everyday purchases.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-5-09-1-19-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $215,375 CAD | Total Assessment | $215,375 CAD |
Property Taxes
Parcel Number
1-5-09-1-19-001
Land Assessment
$215,375 CAD
Improvements Assessment
$0 CAD
Total Assessment
$215,375 CAD
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Murphy USA | 1707 S Pueblo Blvd
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