Miami, FL - Murphy USA
$4,640,000
15055 NW 7th Ave, North Miami, FL 33168
5
Cap Rate
232,000
NOI
Details:
Description:
• Murphy has 19 years remaining on their lease with 4 (5-year) options to extend
• The lease features 8% rental increases every 5 years beginning in LY 11
• Murphy has 1,700+ locations nationwide and annual revenues of $21B
• Corporate guaranty from Murphy Oil USA, Inc. (NYSE: MUSA)
• Located at the signalized, hard corner intersection of NW 151st St and NW 7th Ave
• This Murphy ranks in the 77th percentile (34 out of 145) of all FL locations via Placer.ai
• Directly off I-95 (246,000 VPD), providing immediate and easy access to the on off/ramp to the site and the surrounding Miami-Dade trade areas
• The highly dense residential and retail corridor will provide a steady consumer base from which to draw
• There is a massive industrial park just to the North that will serve as an additional traffic driver to the site
• The Winn-Dixie across the street ranks in the 76th percentile (16,277 out of 68,075) of all nationwide grocery stores via Placer.ai
• The adjacent Take 5 Oil Change is also available for sale
Location

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