Overview

  • Gas Station
  • Property Type
  • 5.75%
  • Cap Rate
  • Murphy USA
  • Tenant Name
  • 20 Years
  • Remaining Term

Description

Investment opportunities like this are rare in Houma, LA, boasting a cap rate of 5.85%. With an asking price of $2735043.00 and a price per square foot of N/A, this opportunity is not to be missed. The surrounding area in the 70360 region is known for its Houma-specific attractions, thriving businesses, and community growth. Tenant profile: Founded in 1996, Murphy USA is a leading retailer of gasoline and convenience products, operating over 1,600 locations across the United States. Strategically located near Walmart stores, Murphy USA is known for offering high-quality fuel at competitive prices. With a strong focus on customer convenience, the company also provides a range of snacks, beverages, and everyday essentials to meet the needs of its on-the-go customers.. Its spacious 2524.0 square feet make it adaptable for a range of uses, whether for retail, office, or customized operations.

Details

Updated on January 30, 2025 at 12:16 am
  • Price: $2,773,913
  • Property Size: 2524 Sq Ft
  • Property Type: Gas Station
  • Property Status: For Sale
  • NOI: $159,500
  • Tenant Name: Murphy USA
  • Address Contact us for full address
  • City Houma
  • State/county LA
  • Country United States

Contact Information

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