- For Sale $2,475,000
- Property Type Retail
- Property Size 2,824 SF
- Lot Size 1.02 Acre
- Date Updated Aug 4, 2026
Description
» Long-term ground lease with 20 years remaining
» 8% rental increases every five years in primary term & renewal options
» Low ground rent and price point that is well-below replacement cost
» Brand-new construction property scheduled to open in October 2026
» Tenant is paying rent as it commenced on 4/13/2026
» Corporate lease to Murphy Oil USA, Inc. (S&P: BB+)
» Absolute triple net ground lease with zero landlord responsibilities
» Murphy USA is a leading convenience store operator with 1,800+ locations
» Murphy USA is publicly traded (NYSE: MUSA) with a market capitalization of $11 Billion
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Contacts
Brandon Wright
The Boulder Group
Zach Wright
The Boulder Group
Location
Located at 7150 Lettsdale Drive, Denver, CO 80224, this property is part of the Washington Virginia Vale neighborhood and Denver market.
Contact 7150 Lettsdale Drive
