670 151St St Miami, FL 33169

This exceptional investment opportunity presents a brand-new, 2,824 square foot Murphy Express convenience store and gas station in Miami, Florida. Boasting a prime location at a signalized hard corner with excellent visibility and multiple points of access, this property benefits from its proximity to I-95, experiencing 251,000 vehicles per day. The absolute NNN ground lease with Murphy Oil USA, Inc. (NYSE: MUSA) offers a 20.1-year initial term, extending to 2044 with four 5-year options, and includes built-in 8% rent increases every five years starting in year 11. The property features eight gas pumps and sits on a 0.93-acre lot. With a current NOI of $232,000 and a 5.00% cap rate, this offering provides a secure, passive income stream in a high-growth market. The property is 100% occupied and benefits from a corporate guarantee, minimizing landlord responsibilities. The surrounding area boasts a population of 190,000 within a 3-mile radius and an average household income of $69,000 within 1 mile, further enhancing the investment potential. The property is situated directly across from an active Winn-Dixie (Aldi) shopping center, adding to its strategic location and appeal. Built in 2024, this Class A asset represents a compelling investment opportunity with significant long-term growth potential. The asking price is $4,640,000, translating to $1,643.06 per square foot.