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Virtual Drive-By

Murphy USA Absolute NNN

7362 NW 72nd Ave · Miami, FL 33166 · Convenience / Fuel

Asking price
$7,999,000
Cap rate
5.05%
NOI
$405,000

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Lease

Lease typeAbsolute NNN
Term remaining18.4 yrs
Expiration01/2045
Rent bumps8% every 5 years
Options4 (5-Year)
Ground leaseYes
Credit profileCredit Rated
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,824
Price / SF$2,833
Year built2025
Lot size
TypeConvenience Store, Gas Station
Days on market75

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • 20-Year Lease (Murphy) | 10-Year Lease Extension (Billboard) | Publicly Traded Company ($9.72B Market Cap) | 8% Rental Increases

  • Absolute NNN (Ground Lease) | Land Ownership | Zero Landlord Responsibilities | No State Income Tax

  • Signalized, Hard Corner Intersection | Dense Industrial Corridor |Off State Hwy 826/Palmetto Expy | Dense, Infill Area

  • Steady Population Growth Throughout Florida

  • Dense Demographics 5-Mile Trade Area | High Density

Property overview

Introducing a prime investment opportunity in Miami, Florida! Presenting 7362 NW.​ 72nd Avenue, this single-tenant absolute NNN property with an included billboard offers a lucrative ground lease deal.​ Situated at a high-profile, signalized hard corner intersection in a dense industrial corridor, this property sees a combined 85,500 VPD traffic flow, ideally located near the Palmetto Expy with 248,000 VPD.​ Featuring a 20-year corporate lease with Murphy Oil USA, Inc.​, this 2,824 SF property on 1.19 AC land area showcases a net operating income of $405,000 and a 5.05% cap rate.​ The lease includes 8% increases every 5 years and at the beginning of each of the 4 (5-year) options, ensuring a secure long-term investment.​ Don't miss out on this exceptional opportunity in the thriving industrial district of Miami!

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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.