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Murphy USA 564 Beal Pky N

2,824 SF Retail Building Fort Walton Beach, FL 32548 £2,570,348 (£910/SF) 5% Net Initial Yield

Investment Highlights

  • Sits on Premier High-Traffic Signalized Intersection of Beal Pkwy (51,300 VPD) & Mary Esther Cut Off NW (19,200 VPD)
  • Affluent Area – Average HH Income in 1,3,5 Mile Radius is all over $90,000 w/ over $100,000 in Immediate Trade Area
  • Fort Walton Beach | Principal City of Fort Walton Beach-Crestview-Destin MSA | 8 Miles West of Destin
  • Near National Retailers Including Walmart, Publix, Sam’s Club, Lowe’s, Home Depot, Whataburger, and Starbucks
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue

Executive Summary

20-Year Corporate Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years Plus (4) 5-Year Options to Renew

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,824 SF
Year Built
2023
Price
£2,570,348
Price Per SF
£910
Net Initial Yield
5%
NOI
£128,521
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Land Acres
0.99 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

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Nearby Major Retailers

Wings And Rings
Ruby Tuesday
Starbucks
Golden Corral
Publix
Chili's Grill & Bar
Mid South Bank
Jazzercise
WW
Longhorn Steakhouse
(469) 694-4189

  • Listing ID: 29022631

  • Date on Market: 17/07/2023

  • Last Updated:

  • Address: 564 Beal Pky N, Fort Walton Beach, FL 32548

The Retail Property at 564 Beal Pky N, Fort Walton Beach, FL 32548 is currently available For Sale. Contact Secure Net Lease for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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564 Beal Pky N, Fort Walton Beach, FL for sale Primary Photo- Image 1 of 4
SNL Crexi Property Photo - murphy express fort walton beach, fl
564 Beal Pky N, Fort Walton Beach, FL for sale Building Photo- Image 2 of 4
Murphy_Express_FL_Fort_Walton_Beach_564_Beal_Parkway - Siteplan
564 Beal Pky N, Fort Walton Beach, FL for sale Building Photo- Image 3 of 4
Murphy_Express_FL_Fort_Walton_Beach_564_Beal_Parkway - Aerial

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© 2024 CoStar Group

Murphy USA | 564 Beal Pky N
(469) 694-4189 x

Murphy USA | 564 Beal Pky N

1/2

Kyle Varni

(469) 694-4189

(469) 694-4189

Joseph Caputo

(424) 220-6432

(424) 220-6432

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