Leased Gas
7362-7388 NW 72nd Ave, Miami, FL 33166
For Sale
Contact for pricing
A long-term Murphy Oil lease includes scheduled rent increases and four extension options.
Property Size2,824 SF
Price / SF$2,832
Days on Market51
Property Features for 7362-7388 NW 72nd Ave
General Information
Standard status
Size
Property subtype
Building Details
Tenancy
Listing Agency:
SRS Real Estate Partners | Fort Lauderdale
(954) 703-3600
Listed By:
Patrick Nutt · License FL BK3120739
(954) 302-7365
Source:
Moodyscre
Added: Sep 25
Changed: Nov 13
Last Checked: Nov 12 at 8:33AM
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 SRS Real Estate Partners | Fort Lauderdale
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The gas station property at 7362-7388 NW 72nd Ave in Miami is leased to Murphy Oil under a 20-year agreement. The lease provides four additional five-year options, with rent increasing 8% every five years, including during the option periods.
A billboard at the property has a separate lease extension for 10 years.
A billboard at the property has a separate lease extension for 10 years.
Key Highlights
- 20‑year lease with Murphy Oil
- Four 5‑year extension options
- Rent increases 8% every 5 years, including during extension periods
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 33166, FL
26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Gas station - A long-term Murphy Oil lease includes scheduled rent increases and four extension options.
Where is this gas station located?
The property is located at 7362-7388 NW 72nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $7,999,000.
What are key features of this property?
This property features: 20‑year lease with Murphy Oil; Four 5‑year extension options; Rent increases 8% every 5 years, including during extension periods
