SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Murdoch’s Ranch & Home Supply investment property located in Seguin, Texas. The tenant recently signed a brand new 10-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Today, Murdoch’s is proud to have over 40 stores spanning six states as well as an e-commerce website. Parking lot re-striping work completed October 2024. The interior of the building will undergo a significant remodel at tenant’s cost in 2025.