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:
- Property Type: Retail
- Transaction Amount: $2,240,000
- Seller: Culpepper Realty
- Address: 2001 East State Highway 21
- Market: Bryan
- ACRES: 1.11
- Brokers: Jake Prater, Patrick Luther & Matthew Mousavi - SRS Real Estate Partners
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
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