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2001 East State Highway 21

Murphy USA Ground Lease Property Sold By Culpepper Realty For $2.24M In Bryan
SOLDRetail

Murphy USA Ground Lease Property Sold By Culpepper Realty For $2.24M In Bryan

2001 East State Highway 21

$2,240,000

Building Size

Asset Type

Retail

Closing

Mar 9, 2026

AI

The ground lease sale involved a Murphy USA property located at 2001 East State Highway 21 in Bryan. The sale price was $2,240,000 for a property encompassing 1.11 acres. Built in 2025, the asset features a 20-year, corporate-guaranteed triple net lease with Murphy USA.

Summary of transaction details:

The transaction involved an all-cash buyer, who is a private investor based in Utah. The deal was facilitated by the brokerage team from SRS Real Estate Partners, highlighting their role in arranging the sale of the property.

Players

Patrick Luther

SRS Real Estate Partners

Broker

$949.3M

vol

62 deals

Broker
CR
Culpepper RealtySeller

Bryan Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.08%

Cash-on-Cash

-2.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93