deal image
2707 Carlisle Blvd NEAlbuquerque, NM 87107
Murphy's Gas Ground Lease
Asset ClassLand, Retail
Cap Rate5%
Walmart Outparcel | National Credit Tenant | Long-Term Net Lease Investment
overview of deal

Overview

This offering presents a rare opportunity to acquire a high-quality, net-leased investment secured by a nationally recognized tenant, Murphy USA, strategically positioned on a prime outparcel directly in front of a top-performing Walmart Supercenter. The Walmart location generates an estimated $130 million in annual sales, creating a powerful retail anchor that consistently drives traffic and supports long-term tenant performance.

The property is structured as a ground lease with approximately eight (8) years of term remaining, providing investors with stable, predictable income and minimal landlord responsibilities. The lease is further enhanced by four (4) five-year renewal options, offering significant long-term upside and durability of cash flow. Built-in rent increases every five years provide an additional hedge against inflation and organic income growth over time.

Situated along a high-traffic retail corridor near Interstate 40 and surrounded by national retailers including Starbucks, AutoZone, and Whataburger, the asset benefits from strong visibility, accessibility, and consistent consumer demand.

This is an institutional-quality investment opportunity ideal for investors seeking passive income, strong real estate fundamentals, and long-term stability backed by national credit tenancy.

Investment Highlights

Land
1.1 Acres
MSA Population
1 M
  • National Credit Tenant (Murphy USA) Investment secured by a nationally recognized, publicly traded operator with a strong track record and over 1,700 locations nationwide.
  • Walmart Shadow-Anchored Location Strategically positioned on an outparcel to a high-performing Walmart Supercenter generating an estimated $130M+ in annual sales, driving consistent traffic to the site.
  • Long-Term Ground Lease Structure Approximately 8 years of remaining lease term providing stable, passive income with minimal landlord responsibilities.
  • Significant Upside Through Renewal Options Tenant has four (4) five-year renewal options, offering long-term income durability and extended investment horizon.
  • Built-In Rental Increases Contractual 8% rent bumps every five years, creating organic NOI growth and inflation protection.
  • High-Traffic Retail Corridor Located near Interstate 40 with strong surrounding traffic counts and dense retail synergy including Starbucks, AutoZone, and Whataburger.
  • Low Management, Passive Investment Ground lease structure minimizes operational responsibilities, ideal for investors seeking hands-off ownership.
  • Proven Fuel & Convenience Model Murphy USA benefits from Walmart adjacency, a model historically shown to drive strong fuel volume and customer frequency.
deal gallery image
deal gallery image
deal gallery image
2707 Carlisle Blvd NEAlbuquerque, NM 87107

Sales Team

Preston WilliamsAssociate Broker

License #: REC-2022-0751

(575) 521-1535preston@1stvalley.com
Cheryl ReomeAssociate Broker

License #: 16447

(575)644-9165cheryl@1stvalley.com

Inquire

Listing provided by LightBox Revere