Murphy USA
$4,286,000
186 Metzler Drive, Castle Pines, CO 80108
For Sale
Retail
Service Gas Station
Active
Last Updated: 06/10/2026
5.25
Cap Rate
225,000
NOI
Details:
Cap Rate: 5.25%
NOI: $225,000
Building Size: 2,842 sqft
Lot Area: 1.04 acres
Lease Type: Ground
Year Built: 2026
Tenancy: Single
Highlights:
- 20-year absolute net ground lease featuring 10% rental increases every 5 years
- Lease signed by tenant’s primary corporate operating entity – Murphy Oil USA, Inc.
- Murphy Oil USA, Inc. (NYSE: MUSA) is one of the largest independent retailers of gasoline products and convenience store merchandise in the country with over 1,700 locations in 27 states
- Ideal location – busy retail thoroughfare (30,000 VPD) surrounded by major national tenants driving traffic to the direct trade area
- Explosive growth Denver submarket – 15% and higher population increases estimated within a 1, 3, and 5-mile radius over the next 5 years
- Subject property just down the street from the Outlets at Castle Rock – the #1 ranked factory outlet in Colorado in terms of annual visits (4.5M) per Placer.ai
Description:
Brand-new 20-year corporate ground lease Murphy USA featuring 10% rental increases every 5 years throughout the base term and option periods. Subject property is located in Castle Rock – an explosive growth, affluent Denver submarket boasting average household incomes of $198K in a 5-mile radius.
Documents:
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MurphyUSA_CastleRockCO.pdf
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Location
Gallery