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New Murphy USA Ground Lease
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3601 W Wall St, Midland, TX

New construction Murphy USA NNN ground lease for sale.

Property Size2,800 SF
Lot Size4.87 Acres
Price / SF$936.43
Days on Market256

Property Features for 3601 W Wall St

General Information

Standard status Active
Size 2,800 SF
Lot size 4.87 Acres
Property subtype RETAIL
Listing Agency: Secure Net Lease - Dallas
Listed By: Kyle Varni
Source: Moodyscre
Added: Nov 26, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease - Dallas

Investment Insights

Based on property information with market context.

This property features a new 2,800+/- square foot building on a 1.01+/- acre site, slated for construction in 2025. It is subject to a brand new 20-year absolute NNN ground lease with 8% rental increases every 5 years, plus four 5-year options to renew. The property is located on the corner of W Front St (24,310+ VPD) and S Midkiff St (29,136+ VPD), off of W Wall St (26,263+ VPD), just north of I-20 (52,352+ VPD). The surrounding demographics within a 5-mile radius are exceptional, with over 135,000 people and an average household income exceeding $130,000. The site is 3 miles from Midland Airpark, a vital hub for the region’s business and corporate aviation traffic, encompassing 816 acres with 12 T-hangars, approximately 28,110 flights per year, and around 77 flights per day. Murphy USA is a leading retailer of gasoline and convenience merchandise, with over $20.244 billion in revenue across 1,750+ locations. Midland was recently ranked as the #1 fastest-growing mid-sized city in the nation, with a population of 143,687+.

Key Highlights

  • Brand new 20‑year absolute NNN ground lease with 8% rental increases every 5 years, plus (4) 5‑year options to renew.
  • Located on a high‑traffic corner with combined VPD of over 53,000, near I‑20.
  • Exceptional surrounding demographics: 135,000+ people within 5 miles with an average household income over $130,000.

Property Analytics

Current Use

Bradford Inn Hotel & Motel Reyna's Mexican Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,322
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 44% Dining 29% Shops & Services 27%
DoubleTree by Hilton Midland Plaza Hotels & Casinos
11,380 visits/mo 0.1 miles
SUBWAY Dining
5,540 visits/mo 0.4 miles
Chase Bank Shops & Services
5,228 visits/mo 0.2 miles
Domino's Pizza Dining
2,040 visits/mo 0.4 miles
Firestone Complete Auto Care Shops & Services
955 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - New construction Murphy USA NNN ground lease for sale.
Where is this gas station located?
The property is located at 3601 W Wall St Midland, TX.
What is the asking price?
The asking price for this property is $2,622,000.
What are key features of this property?
This property features: Brand new 20‑year absolute NNN ground lease with 8% rental increases every 5 years, plus (4) 5‑year options to renew.; Located on a high‑traffic corner with combined VPD of over 53,000, near I‑20.; Exceptional surrounding demographics: 135,000+ people within 5 miles with an average household income over $130,000.
(469) 694-4189 Call to check price and availability
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