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Murphy USA Absolute NNN Ground Lease
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960 State Hwy 121, Lewisville, TX 75057

15-year absolute NNN ground lease with 10% rent increases every five years and 16 fueling positions.

Property Size2,824 SF
Lot Size1.34 Acres
Price / SF$1,129
Days on Market101

Property Features for 960 State Hwy 121

General Information

Standard status Active
Size 2,824 SF
Lot size 1.34 Acres
Property subtype Retail

Site & Location

Traffic Count 63,950 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2022
Construction brick
Tenancy Single
Listing Agency: Secure Net Lease
Listed By: Ben Johnson · License #TX 823222
Source: Crexi
Added: Apr 22 Changed: Jul 22 Last Checked: Jul 22 at 7:44PM

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

Investment Insights

Based on property information with market context.

This property is offered as a 15-year absolute NNN ground lease with a Murphy USA lease structure that includes 10% rent increases every five years. The site features upgraded brick construction and is configured as Murphy’s largest format store, supported by 16 fueling positions.

Located on a premier signalized corner at Hwy 121 and Valley Ridge Rd in North Dallas, the property benefits from over 63,950+ VPD and complete directional ingress/egress. The parcel spans 1.34 acres and provides excellent visibility for passersby.

The surrounding area supports a sizable customer base, with over 213,000 residents within a 5-mile radius and $144,000+ average household income. The offering price is not assumed in this description.

Key Highlights

  • 15‑year absolute NNN ground lease with 10% rent increases every 5 years
  • Murphy USA lease structure noted with Murphy USA largest‑format store
  • Located on Hwy 121 & Valley Ridge Rd at a signalized corner with directional ingress/egress

Property Analytics

Current Use

Triumph Futbol Club Sports School Murphy Express 8965 Gas Station

Suggested Use

Top Pick Plumbing Service Real Estate Agency Furniture & Home Goods Grocery & Convenience Store Parking Lot & Garage Restaurant

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

Lease Details

63,950 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby
149k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Groceries 41% Hotels & Casinos 4%
Kroger Groceries
57,270 visits/mo 0.3 miles
Texas Roadhouse Dining
39,882 visits/mo 0.3 miles
Chili's Grill & Bar Dining
18,480 visits/mo 0.1 miles
Bubba's 33 Dining
13,890 visits/mo 0.4 miles
La Quinta Inn & Suites by Wyndham Dallas Plano Hotels & Casinos
5,924 visits/mo 0.3 miles

Demographics for 75057, TX

16,001
Population
7,171
Households
2.2
Avg Household Size
31
Median Age
29%
College-Educated
83%
High-School Grad
13.3 sq mi
ZIP Area
1,203
Density / Sq Mi
$76,128
Median Household Income
$43,253
Median Earnings
$1,589
Median Rent
$208,500
Median Home Value

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 - 15-year absolute NNN ground lease with 10% rent increases every five years and 16 fueling positions.
Where is this gas station located?
The property is located at 960 State Hwy 121 Lewisville, TX.
What is the asking price?
The asking price for this property is $3,190,000.
What are key features of this property?
This property features: 15‑year absolute NNN ground lease with 10% rent increases every 5 years; Murphy USA lease structure noted with Murphy USA largest‑format store; Located on Hwy 121 & Valley Ridge Rd at a signalized corner with directional ingress/egress
(469) 694-4189 Call to check price and availability
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