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Murphy USA | Ground Lease 2403 Randleman Rd 2,824 SF 100% Leased 4-Star Retail Building Greensboro, NC 27406 $2,381,000 ($843.13/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Signalized corner intersection | Randleman Rd & W Meadowview Rd | 26,200 VPD combined | Great visibility and access
- Absolute net ground lease | Zero landlord responsibilities
- Located within a dense retail corridor | 2.8M SF within a 2-mile radius | Large parcel | 1.69 acres
- Brand new 2025 construction
- Corporate lease | Murphy Oil USA, Inc. | 1,700+ locations across 27 states
- Large industrial presence nearby brings a high volume of daytime workers | 8.6M SF of space within a 2-mile radius
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Murphy USA | Ground Lease in Greensboro, NC. We welcome your review of this attractive invesment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,824 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$2,381,000
Price Per SF
$843.13
Cap Rate
5.25%
NOI
$125,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
1.69 AC
Zoning
Commercial
Parking
11 Spaces (3.9 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0029318 | Improvements Assessment | $1,641,800 |
| Land Assessment | $855,000 | Total Assessment | $2,496,800 |
PROPERTY TAXES
Parcel Number
0029318
Land Assessment
$855,000
Improvements Assessment
$1,641,800
Total Assessment
$2,496,800
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Murphy USA | Ground Lease | 2403 Randleman Rd
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